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G7 countries set targets for solar and wind capacity
Governments of G7 nations have pledged to collectively increase offshore wind capacity by 150GW and solar to more than 1TW by 2030.
read more... 18/04/2023
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