Sunderland-based lithium-ion battery pack manufacturer receives Queens Award for Enterprise for excellence in Innovation. The award follows an unprecedented year of growth for Hyperdrive as demand for electrification skyrockets in the race to Net Zero. Hyperdrive’s battery packs are already supporting the decarbonisation of multiple industries, with customers including JCB, Hitachi Rail and the world’s […]
Sustainability through renewable energy: Comparing India and Singapore
Prime Minister Narendra Modi confirmed the country’s vow to install 450 gigawatts of renewable energy by 2030 which is five times the current capacity and two and a half times its Paris pledge. Singapore: Last week, at an event coinciding with Earth Day (April 22), US President Joe Biden hosted a climate conference with other […]
Gore Street fills storage coffers
Share issuance raises £135m to finance further investments for the UK-listed fund. Gore Street Energy Storage Fund has raised £135m (€156m) through a share issuance, with the proceeds to be used to fund further investments. A total of 132,352,941 new ordinary shares have been issued at a price of £1.02 a share. The shares are […]
Nearly 15GW of battery storage in UK’s project development pipeline
The UK reached a gigawatt of battery storage deployments in the second quarter of 2020 and the industry has 14.9GW in its development pipeline including 1.8GW of ready-to-build projects and 6.9GW with planning approvals in place. Mollie McCorkindale, an analyst at Solar Media Market Research writes in an exclusive blog for our sister site Solar […]
Construction to Begin on World’s Largest Liquid-Air Energy Storage Project
Construction is underway on a 50 MW liquid-air energy storage facility – with a minimum of 250MWh – located in Greater Manchester, UK. Once complete, the “CRYOBattery” facility will be the largest of its kind in the world. Highview Power, an energy storage company, has partnered with MAN Energy Solutions to provide its LAES turbomachinery […]
Electric Vehicle Charging: There’s progress
If we take a look at the evolution of transportation systems around the world, we can see the future of cars is electric—but how far is the future?Is it too distant? Actually, no. There are people across the world who would buy an electric car tomorrow — if only they had easy access to a […]
BRITISH ADVENTURER TO DRIVE ELECTRIC VEHICLE FROM POLE TO POLE
British adventurer and Guinness World Record holder Chris Ramsey will become the first person to drive from Pole to Pole in a bid to raise awareness of climate change and the role that electric cars can play in reducing our carbon footprint. This will be the first time that any vehicle has driven from the […]
‘Blue hydrogen production should be restricted due to associated emissions and high costs’
A new report from think-tank E3G sets out the case against H2 derived from fossil gas with CCS, arguing that referring to it as ‘low-carbon’ is misleading The production of blue hydrogen derived from fossil gas with carbon capture and storage (CCS) should be restricted due to the associated greenhouse gas emissions, high cost and […]
Electric vehicle charging points to be installed in eight parts of Exeter in April
Installation of eight rapid electric vehicle charging hubs around Exeter is set to get under way in April – and could be ready for use this summer. Sites at Langaton Lane, Barrack Road, Belmont Road, Hanover Road, Whipton Lane, Cowick Hill, Haven Road and St Leonards Road are included in the scheme. It is the […]
Solar firm Sunseap seeks IPO in Singapore
Sunseap, which supplies Facebook, Apple Inc and Microsoft with solar energy in Singapore, is planning to go public on SGX. Sunseap aims to list its shares publicly by the end of this year The IPO fundraise could reach S$600 million, according to Bloomberg Its investors have included Singapore’s Temasek, Dubai’s Dutco, and Thailand’s Banpu Amazon […]
