Unveiling a new plan for electric vehicles (EVs), Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025 and that new, purpose-built electric car platforms would allow it to deliver vehicles at a lower cost Renault said on Wednesday that electric vehicles would account for up to 90% of the […]
Green Hydrogen From Floating Wind Adds Up For Europe ‘Even If Middle East Imports Cheaper’
Potential to generate huge volumes of low-cost H2 while retaining security of supply and industrial benefits make offshore technology best bet, says Roland Berger study. Floating wind could stay Europe’s best option for industrial-scale green…Read More…
HIPS And Vourity to Enable Crypto Payment For EV Charging in Europe
HIPS Payment Group Ltd. and Vourity, a Swedish SaaS platform, announced their partnership, allowing crypto payment for 50,000 EV charging stations throughout the European Union (EU). Crypto payments will be totally incorporated in the Vourity platform and can link straight to the blockchain through Hips Merchant Protocol’s (HMP) native procedure token Merchant Token (MTO) starting […]
Norwegian Fund to Invest Rs 930 Crore in Fourth Partner Energy
Norfund will own about 40 per cent stake in the company after the transaction. Avendus Capital was the advisor to Norfund for the transaction. Norwegian fund Norfund is likely to invest $125 million (about Rs 930 crore) in solar solutions firm Fourth Partner Energy. Norfund will own about 40 per cent stake in the company […]
Europe Powers Up Electric Car Battery Drive
Automakers, which are under pressure to transition out of fossil fuel vehicles, are putting money into battery production. Paris: As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent but it remains far from reducing its dependence on Asia. China, Japan and South Korea produce most […]
Etrion Completes Sale For JPY 8.252 Billion of Three Japanese Operating Solar Projects to Japanese Consortium
GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) to companies established by Development Bank […]
Volvo, Northvolt Team Up For Electric Battery Factory
Europe has been ramping up efforts to become more autonomous in the battery sector, though it is still very dependent on production from Asia. Stockholm: Volvo and Sweden’s Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies said […]
Lightsource Bp to Invest $566 Mln in Spanish Solar Projects
MADRID : Lightsource bp will invest 475 million euros ($566 million) in power projects it is buying in northern Spain, the solar developer half-owned by energy giant BP (BP.L) said on Friday. The deal to buy projects that will be able to generate 703 megawatts (MW) of power from local food and energy firm Grupo […]
Kia to Expand Sales of Electric Vehicles in Europe With Uber
The cooperation between those two companies is to supply electric cars with less noise and no-carbon emission for creating a comfortable urban environment. Kia will work together with share transport network company Uber, and speed up to sell electric vehicles in Europe. Kia and Uber have signed a partnership that offers purchase benefits for Kia’s […]
Societe Generale to Expand Into Sustainable Finance in India
Societe Generale to Expand Into Sustainable Finance in India. Societe Generale SA plans to move into sustainable energy, transaction banking and trade finance in India, providing funding for local companies developing their businesses in Africa and central Europe…Read More…