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EU

$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments

Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, announced its investment into five projects aimed to developing renewable energy sources in Australia and Europe. The fund has been expanding its investment strategies, to include more environmentally friendly and clean technologies, whose importance will definitely rise in the […]

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Serbia’s Elevenes Unveils Prototype of Largest LFP Battery Cell in Europe

Serbia-based battery maker, ElevenEs, which has developed the first and largest full-size LFP (Lithium Iron Phosphate) battery cell in Europe, has announced that its first batches will be shipped for customer testing in the first quarter of 2023. ElevenEs said that its EDGE battery cell (sustainable, cobalt and nickel-free battery) would be displayed at The […]

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Hero MotoCorp & Hindustan Petroleum Collaborate to Bolster EV Charging Infrastructure

New Delhi-based motorcycle and scooter manufacturer, Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have collaborated to establish charging infrastructure for Electric Vehicles (EVs) in across India.  This partnership will help mass mobility transition to an electrified future by establishing charging stations for two-wheeled electric vehicles (EVs) across the nation. This partnership between the two […]

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Qcells Launches Heating, Energy Solutions for European Energy Problems

South Korea-based Qcells, a major manufacturer of photovoltaic solar cells, has announced the introduction of a ‘comprehensive energy management solution’ which it claims can help reduce electricity and heating bills of the European households. Qcells is a clean energy solution provider owned by Hanwha Solutions. The official statement of Qcells held that connecting its solar […]

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Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility

Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser  have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […]

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SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only

Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […]

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Leading Solar Solutions Supplier Longi Reveals 66-Cell Solar Module for Europe

Global solar energy equipment manufacturer LONGi has announced that it has released a new half-cut cell module version of its previous HiMO5 module. The new cell is designed for the European market specifically. LONGi is also a member of the Solar Module Super League (SMSL). LONGi reveals that it has 66 solar cells in the […]

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European Investment Bank to Support EU Communities with US$10 Billion

The European Commission (EC) and the European Investment Bank (EIB) have decided to contribute €10 billion (US$10.1 billion) in support of areas most impacted by the transition away from fossil fuels as the continent struggles with how to decarbonize without leaving communities behind amid a severe energy crisis. The Public Sector Loan Facility, the third […]

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