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EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030

EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […]

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SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy

Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […]

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Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021

The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025.  The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […]

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IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables

Renewables readiness assessment report highlights seven key action areas to accelerate the country’s uptake of renewables  A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan. The Renewables Readiness Assessment: The Hashemite Kingdom of […]

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Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem

South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […]

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Ashok Leyland Running 60% of Countrywide Operations With Clean Energy

Ashok Leyland has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. Ashok Leyland, the flagship commercial vehicle manufacturer of the Hinduja Group has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations.  The firm has detailed that now […]

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SolarEdge Selected as Supplier for Fiat E-Ducato, Issues Financial Results

SolarEdge has announced it has been selected to supply powertrain and batteries for the Fiat E-Ducato, also reporting its financial results. SolarEdge Technologies has announced that the Company has been selected and will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial electric vehicle. “We are […]

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Epsilon Gets Qualified as Anode Precursor Supplier for Li-ion Batteries

Epsilon receives initial order for its Anode precursor material and successfully qualifies as a supplier in the global Li-ion battery supply chain Epsilon Advanced Material, a leading domestic manufacturer of advanced cell chemistry materials and a subsidiary of Epsilon Carbon, has received an initial order for its Anode precursor material from two top anode makers […]

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Tesla to Open EV Production Plant in Bengaluru: Karnataka CM

Karnataka Chief Minister B S Yediyurappa has announced that US-based electric vehicle (EV) and clean energy company Tesla will set up its production unit in Bengaluru, Karnataka. “American car company Tesla will set up its electric car division in Karnataka,” Yediyurappa said in a statement. A report said, that Tesla registered in the name of […]

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