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G7 to step up moves to renewables, zero carbon
Energy and environment ministers of the Group of Seven (G7) wealthy nations vowed yesterday to work to hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up two days of talks in the northern Japanese city of Sapporo.
read more... 17/04/2023
Ofgem unveils buy-out price and mutualisation ceilings for 2023-24 ROC
Renewable energy suppliers in the UK have been informed that the buy-out price for the 2023-24 obligation period will be £59.01 per Renewables Obligation Certificate (ROC).
read more... 13/04/2023
Hyundai Motor Group to invest $18 bln in South Korean EV industry by 2030
Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030, bolstering its presence in a segment that is set to dominate long-term global automotive demand.
read more... 12/04/2023
Tesla to build Shanghai factory to make Megapack batteries
Tesla Inc is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack factory in California, the company said in a tweet on Sunday.
read more... 10/04/2023
Energy firms bet big on German port as clean energy hub
Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 billion to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.
read more... 06/04/2023