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Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia

Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […]

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Cellcube Awards Contract For 1GW Batteries

Cellcube, officially called Enerox, has signed a five-year framework agreement with renewable energy developer Kibo Energy to deploy at least 1GW of storage in targeted Southern African Development Community (SADC) countries comprising of all 16 countries from South Africa up to the Democratic Republic of Congo and Tanzania. According to a report published and released […]

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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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UK Carbon Capture Firm Storegga Raises £51.3m Funding

UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […]

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ACEN, Puri Usaha Group partner to develop RE in Indonesia

Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […]

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Wind Expansion Globally Will Need Much Higher Production of Rare Earths: IRENA Report

International Renewable Energy Agency (IRENA) has come up with a report named ‘Critical Mineral for Energy Transition: Rare Earth Elements,’ which says that the rising global demand in the renewable sector especially the wind energy sector to mitigate climate change challenges will need better supplies of rare earth minerals or critical minerals. The report holds […]

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The Top 5: The Net Zero Commitments of Mining Firms & The Opportunity For Renewable Energy

A mining company can never walk away from environmental damage and pollution. With the sentiments now focused on bringing down the emissions to achieve net-zero carbon emission targets, the top miners have also set their emission reduction goals. This article lists down the net-zero targets and measures by top mining companies based on their market […]

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Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries

Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and […]

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