The $28 billion Sizewell C nuclear station is touted as an anchor for Britain reaching net-zero emissions, yet its reactors will compete with wind farms over the North Sea horizon. On gusty days, where will the plant’s excess power go? Toward making hydrogen. Nuclear developers in Europe, North America and Russia are looking at the […]
Nissan to Make New Electric Cars, Batteries in Britain
Japanese carmaker Nissan and its partners plan to invest 1 billion ($1.4 billion) pounds to expand production of electric vehicles and batteries in northeast England, a major victory for the U.K. government’s efforts to attract jobs and investment following the country’s departure from the European Union. Nissan said Thursday it will build a new all-electric […]
U.K. Grid Installs New Kit to Stop Green Power Going to Waste
National Grid Plc is installing new technology on the U.K. network that will remove bottlenecks of renewable power and free up enough power to supply a million homes that would otherwise be wasted. When it’s very windy, too much electricity is sometimes being supplied to the network in one place, with parts of the system […]
Mini Just Made EV Charging a Whole Lot Easier — Here’s How
A cunning plan to combine charging options could help counter range anxiety for the Mini Electric If you’ve got designs on buying a Mini Electric then your decision-making might have just been made easier, especially when it comes to charging. That’s thanks to a new scheme which will allow Mini E owners to use a […]
Electric-vehicle startups promise record-setting revenue growth
Companies with little revenue today project explosive growth in short time; some investors are skeptical It took Google eight years to reach $10 billion in sales, the fastest ever for a U.S. startup. In the current SPAC frenzy, a spate of electric-vehicle companies planning listings are vowing to beat its record—in some cases by several […]
U.K. Pension Fund Nest to Invest $347 Million in Renewable Power
Nest Corp., the U.K.’s biggest pension fund by members, will invest 250 million pounds ($347 million) in renewable energy through a partnership with investment manager Octopus Renewables. Nest’s managers are looking to diversify the fund’s holdings and support the transition toward clean energy. It’s part of a growing wave of investment by institutional investors into […]
Ola’s 500-acre e-scooter factory in Bengaluru to make EV every 2 seconds
Ola Electric Mobility Pvt hopes to make 10 million vehicles annually or 15% of the world’s e-scooters by the summer of 2022, starting with sales abroad later this year Bhavish Aggarwal surveys the empty 500-acre expanse encircled by neon-painted homes, tiny shrines and mango groves. The high-profile Ola founder hopes to erect the world’s largest […]
Centrica in Talks With U.K. to Develop Hydrogen Storage
Centrica Plc is in talks with the U.K. government about plans to convert its disused Rough natural gas storage site off the coast of northeast England to store hydrogen. The conversion requires about 650 million pounds ($908 million) of investment and would create several thousand jobs during construction, Chris O’Shea chief executive officer said in […]
U.K. on Cusp of Battery Boom to Boost Renewable Power Supply
Developers of batteries in the U.K. have projects on the go that would increase the country’s capacity more than 14 times what it is today. Batteries are crucial to complement renewable power by storing electricity from wind and solar farms. As the U.K. works to quadruple its offshore wind farm capacity this decade, the growing […]
U.K. Funding for Electric-Vehicle Charging Still on a Trickle
The United Kingdom plans to cancel gas-powered vehicles by 2040— or even 2030—but there appears to be a disconnect between that goal and public funding for electric-car charging.Read More.. Source : bloombergquint