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Include Hydrogen Fuel Cell EVs in FAME-II: Delhi HC Directs DHI

The Delhi High Court today ordered the Department of Heavy Industries to acknowledge including Hydrogen Fuel Cell electric vehicles (EVs) and Hydrogen refueling infrastructure under Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme. Fuel Cell India, an initiative dedicated to promoting Renewable and Hydrogen Energy & Fuel Cells in India has […]

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Global EV Market To Reach $802.75 Billion By 2028: Report

A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […]

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DMG and Argo Team Up To Decarbonise Cryptocurrency

In a joint statement released yesterday, DMG Blockchain Solutions Inc. and Argo Blockchain Plc announced their partnership in the Crypto Climate Accord (CCA) to promote the decarbonization of the cryptocurrency industry. Alongside the CCA, DMG and Argo are developing a new working group to more clearly outline the CCA’s objectives, while deploying new technologies that […]

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Enel Green Power Begins Constructing 180 MW Wind Farm in Spain

The Italian renewable energy firm, Enel Green Power España (EGPE) yesterday announced the commencement of the construction of its new 180 MW wind farm located in Villar de Los Navarros in Zaragoza, Spain. The new wind farm has been named The TICO WIND plant which involves an investment of Euro 181 million and is expected […]

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“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […]

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Vestas Leads Industry-Academic Wind Blade Recycling Coalition

Danish wind turbine company Vestas Wind Systems, along with Olin Corporation, Danish Technological Institute, and Aarhus University, announced today that a coalition of industry and academic leaders has developed a new technology to enable circularity for thermoset composites, the material used to make wind turbine blades. To enable the adoption of this new technology, and […]

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Top 10 Polysilicon Rankings for 2020- The Future To be 90 Percent China

German research firm Bernreuter research has released its latest ranking of Polysilicon manufacturers, and the prognosis for non-Chinese manufacturers is not good. The firm predicts that the world’s four largest polysilicon manufacturers in 2022 will all be based in China. in 2020, Wacker Chemie, the German firm which was actually no. 1 till 2019, lost […]

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DST Raises $100 Million In Series C Funding Round

Chinese electric vehicle logistics provider, DST Car Rentals has announced that it has closed its latest round of investment for Series C funding. This final round of investment has raised a total of USD 100 million. The investment was led by the Ingka Investments (part of Ingka Group), followed by SMRT Ventures, China Securities Investment […]

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JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment

JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […]

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