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Austria’s Windkraft Simonsfeld to Build 142 MW Wind Park in Romania

Austrian renewable energy player Windkraft Simonsfeld will be investing EUR 150 million in its Sfânta Elena wind energy project. The renewable energy project is located in the Caraş-Severin County in the southwest region of Romania. The Austrian company plans to complete the 142-MW facility next year. In a key development, Windkraft Simonsfeld received approval of […]

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Hyundai Begins $5.5 Bn EV, Battery Plant in USA

The South Korean auto conglomerate Hyundai Motor Co is about to break ground for the $5.54 billion electric vehicle and battery plant in the USA. Hyundai wants to have a reasonable share in the electric vehicle sales in America. Georgia Governor Brian Kemp, Senators Jon Ossoff and Raphael Warnock may attend the ceremony of the […]

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Qcells Launches Heating, Energy Solutions for European Energy Problems

South Korea-based Qcells, a major manufacturer of photovoltaic solar cells, has announced the introduction of a ‘comprehensive energy management solution’ which it claims can help reduce electricity and heating bills of the European households. Qcells is a clean energy solution provider owned by Hanwha Solutions. The official statement of Qcells held that connecting its solar […]

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Denver’s Iontra Raises $38 Million Series B to Commercialise Battery Charging Platform

Denver-based battery performance and safety technology company, Iontra, has announced the closing of its $38 million Series B financing-led by Volta Energy Technologies, with participation from Flag Group and other investors. Iontra said that it has been in stealth mode for nearly a decade and has partnered with various OEMs to commercialize its technology that […]

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]

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Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru

Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […]

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BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer

China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […]

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Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe

Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […]

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Magenta ChargeGrid Launches Its First DC charger with Fast Charging Capacity

Navi Mumbai-based EV Charging company, Magenta ChargeGrid inaugurated its first EV charger in the state of Kerala through its partnership with Crescendo in the Malabar region of Kerala. Crescendo has partnered with Magenta to offer EV Charging to its customers in Kozhikode and for all EV owners who are traveling through Kozhikode. Magenta ChargeGrid team […]

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