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South Korean Trio Sweep 31% of Global EV Battery Market

The global electric vehicle (EV) battery market has recorded a 2.5 times growth in Jan-Mar 2021 of which, 31 percent was captured by three South Korean EV battery producers, according to a release by SNE Research. This trio consists of LG Energy Solution which came in 2nd, while Samsung SDI and SK Innovation ranked 5th […]

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Dominion Energy Seeks Projects to Increase Renewable Energy in Virginia

Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050. Dominion Energy has made […]

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3.3 Million new Jobs in Wind Energy Sector by 2025: GWEC

A new analysis by GWEC has detailed that 3.3 million new wind power jobs can be created globally over the next five years. A new analysis by the Global Wind Energy Council (GWEC) has detailed that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry […]

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GM Introduces Ultium Charge 360, to Offer 60,000 EV Charging Points to Customers

General Motors (GM) has announced the launch of Ultium Charge 360, which the firm claims to be a holistic charging approach that integrates charging networks, GM vehicle mobile apps, and other products and services to simplify the overall charging experience for GM electric vehicle (EV) owners. “GM agrees with the customer need for a robust […]

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Gridtential Produces Breakthrough AGM Battery With East Penn Manufacturing

Gridtential Energy – an inventor and developer of Silicon Joule battery technology, has announced it is launching a series of groundbreaking AGM reference batteries produced on East Penn Manufacturing’s prototype line. The first offering is a single-block 24V lead battery optimized for deep-cycle applications. A 12V power version will follow later in Q2 2021, with […]

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US DOE to Issue $8.25 Bn in Loans to Enhance Transmission Nationwide

The US DOE has announced the availability of up to USD 8.25 billion in loans for efforts to expand and improve the US transmission grid. In support of the Biden Administration’s commitment to modernise the nation’s power grid and infrastructure and deliver 100 percent clean energy to businesses and homeowners by 2035, the US Department […]

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Sri Lanka’s WindForce Commences Trading on CSE above IPO Price

On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […]

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EIB Backs €2 Bn Investment to Scale up use of Renewable Energy

EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […]

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Ola E-scooters and Hypercharger Network to Hit Market in July 2021

Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the […]

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