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Siemens invests in WiTricity to advance wireless EV charging

US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […]

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The Top 5: Cryptocurrencies Seeking A Greenwash

Bitcoin’s environmental impact has been a talking point for a while now. From being compared to the energy consumption of whole countries to the impact of such consumption to climate change, the high energy use has been the biggest, and easiest stick to beat it up with. Similarly, the carbon footprint of the many other […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka

Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […]

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VRF Batteries Set to Boost Demand For Vanadium Massively

Vanadium Redox Flow Batteries, (VRFB) have definitely brought Vanadium to the centre stage. It is a classified critical raw material in several countries around the world. Back in 2017, the European Commission identified and formally registered vanadium on the 2017 list of Critical Raw Materials for the European Union. Further, the United States, Canada and […]

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For GoodWe, Global Award Vindicates Early Move Into Storage Inverters

GoodWe was recently awarded the title of Most Efficient Asian Storage Manufacturer by Berlin University of Applied Science through SPI efficiency test. While the recognition was welcome for the firm, what most people may not know is that GoodWe had complete a decade in the energy storage industry. As one of pioneers, the firm has […]

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US Launches $8 Billion Regional Clean Hydrogen Hub Programme

The US Department of Energy (DOE) has announced through a Notice of Intent (NOI) that it will fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. According to the official statement of the department, H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to […]

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ACME Group Makes Rs 50,000 cr For Green Hydrogen Production in Karnataka

Gurugram-based ACME Cleantech Solutions Private Limited has announced that it has signed a Memorandum of Understanding (MoU) with the state government of Karnataka where it has proposed the setting up of a sizeable green hydrogen and ammonia plant. ACME’s plan envisages that it will be investing Rs 51,865 crore ($6.7 billion) in Karnataka within five […]

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Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen

Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe. In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport […]

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