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Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy

Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […]

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Clean Hydrogen Production Costs to be Brought Well Below USD 2/kg by 2030: ETC

In its parallel report, the ETC states that the production costs for clean hydrogen can be brought well below USD 2/kg by 2030. In its parallel report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC sets out the complementary role for clean hydrogen and how a combination of private-sector […]

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Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC

The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […]

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Bureau Veritas Acquires US-Based Renewables Construction Management Firm

Bureau Veritas, a world leader in testing, inspection and certification (TIC), today announced the acquisition of Bradley Construction Management, a US-based leading provider of construction management services for the renewable energy sector. Bradley Construction Management provides owner’s representation as well as construction and site management assistance services for wind, solar and energy storage projects. The company has successfully supported the […]

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Statkraft’s First Wind Farm in Germany Will Generate 36 MW of Energy

Norwegian state-owned hydropower company Statkraft is set to build its very first wind farm in Germany on a 67-hectare forest area in Bramwald in northern Hesse. By 2025, the so-called Oedelsheim wind farm is expected to comprise 6 turbines which will generate 36 MW of energy, adequate to supply 20,000 households with wind power each year and […]

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New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040

Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […]

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Arriving Soon: Solar Panels that Generate Power at Night

Can solar panels generate energy even when the sun isn’t around? In a major breakthrough, researchers at the University of California have designed a unique night solar panel (NSP) that can produce 50 W under ideal conditions at night, one-fourth of what traditional solar panel produce during the day. In their paper entitled ‘Nighttime Photovoltaic […]

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Nexzu Mobility Launches ‘Roadlark’ e-cycle With 100 Km Range

Nexzu Mobility, India’s homegrown leading e-mobility brand, has launched a new Made in India, super long range, electric vehicle that runs up to a 100 km in a single charge – the new Roadlark electric cycle. With a staggering 100 km riding range per charge, sturdy  cold rolled steel frame, automotive grade build quality and […]

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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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