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EV Manufacturer Euler Motors Raises INR 30 Crore From Its Investors

Delhi-based electric mobility solutions provider, Euler Motors has announced that it has raised Rs 30 crore from its existing and new investors as a part of its ongoing Series A round. The company has raised the investment from existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan. Additionally, this round of investment has […]

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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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Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory

Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […]

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Wind, Solar Must Grow by 162 & 253 GW for Europe to Meet 2030 Emissions Target: WM

A new report details that for Europe to meet the 2030 emissions target, dramatic changes are needed including increased wind and solar installations A new report by Wood Mackenzie details that while the new 2030 emissions target of Europe of seeing a 55 percent reduction over 1990 levels has made it the undisputed global leader […]

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Ford to go All-Electric by 2030, all Vehicles to go Electric in Europe

Ford Motor Company has announced it is taking a significant step forward in its European transformation with a commitment to go all-in on its electric passenger vehicles and to substantially grow and electrify its leading commercial vehicle business.  Ford says by mid-2026, 100 percent of its passenger vehicle range in Europe will be zero-emissions capable, […]

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MiaSolé, European Solliance Claim 26.5% Efficiency on Tandem Solar Cells

Hanergy owned MiaSolé Hi-Tech Corp and European Solliance Solar Research claim to have achieved a power conversion efficiency of 26.5% on a tandem solar cell. The new record builds on their previous record in 2019. The architecture combines two thin-film solar cell technologies: a top rigid semi-transparent perovskite solar cell with a bottom flexible copper […]

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GE to Deliver 753 MW to Sweden With Europe’s Largest Single Onshore Wind Farm

GE will deliver 753 MW of onshore wind capacity in Sweden for what will be Europe’s largest single-site onshore wind farm. GE Renewable Energy along with Luxcara has announced an agreement to deliver 753 MW of onshore wind capacity with the Önusberget wind farm in northern Sweden. The project will be the largest single onshore […]

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Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope

On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […]

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