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European Commission President Bats for Hydrogen and Renewables to Russian Overhang

European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […]

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Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe

South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […]

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Battery swapping network, Chargeup, raises USD 2.5 million

Chargeup, the company hoping to build one of India’s largest battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta […]

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Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa

Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […]

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Bharat Petroleum Unveils EV Fast-charging Corridor

India’s leading oil marketing company Bharat Petroleum Corporation Ltd. (BPCL) has launched an electric-vehicle fast-charging corridor along the Chennai-Trichy-Madurai highway, deploying charging infrastructure at ten of its petrol pumps. The company has set up new charging stations along the 900-kilometre route. These stations have been deployed on both sides of the highway in order to […]

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EU Works for Timely Realisation of 300MW Offshore Wind Target

In a report adopted by the European Parliament, the Members of European Parliament (MEPs) have charted out a roadmap on faster deployment of offshore wind in the continent to timely arrest global warming and climate change. This is in line with the ‘EU Offshore Renewable Energy Strategy’ that sets out the goals of reaching 60 […]

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China, Europe Lead record global EV sales in 2021

A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […]

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Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen

Corporate contracted capacity in Europe hit 6.5GW in 2021, versus  4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022.  The resurgence of corporate PPA’s, at a time when […]

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