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ONE To Invest $1.6 20 GWh In Michigan Cell Factory

Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […]

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Sixt to Buy 100,000 BYD EVs for European Fleet in Next Six Years

Global mobility service provider, Germany-based Sixt and world’s largest manufacturer of New Energy Vehicles, BYD, have signed an agreement under which Sixt has ordered several thousand of pure-electric vehicles from BYD initially, the first of which will be available for Sixt customers in Europe in the last quarter of 2022. As per Sixt, the initial […]

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Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology

In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […]

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OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania

The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […]

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Chemours to Invest $200 Million in Hydrogen Tech Solutions

Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy.  Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […]

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SolarEdge to Offer Solar + Storage to Wattsmart Battery Program

Intelligent inverter solution maker SolarEdge Technologies and grid operator Rocky Mountain Power have announced the qualification of the SolarEdge Home Battery to join Rocky Mountain Power’s Wattsmart Battery program in America. SolarEdge said that its an important next step in Rocky Mountain Power’s efforts to leverage customer-generated solar power along with battery technology in the […]

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MG Motor India Elevates ZS EV Excite Model with New Interior Colours

Recently, MG Motor India revealed that its brand-new ZS EV Excite model will have dual-tone signature ivory interiors. Today onward (October 3, 2022) the reservations for the brand-new ZS EV Excite will open. With more than 75 connected features and the largest in-segment 50.3kWh battery with globally recognized quality standards (ASIL-D, IP69K, & UL2580), the […]

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Expect Govt to Float Tender for 3500 Electric Powertrain Vehicles Soon

The Centre is considering replacing the federal government’s fleet of gasoline and diesel vehicles with electric powertrain vehicles, and the process will soon begin with the challenge of placing an order for 3500 electric powertrain vehicles. Convergence Energy Services Ltd. (CESL), a state-controlled company, has announced that if more manufacturers introduce electric vehicles at lower […]

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