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Australia Plans $740 M Fund to Develop Low-emissions Tech

Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […]

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IOC, BPCL, HPCL Target 22,000 EV Charging Stations In 5 Years

Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070. IOC, the country’s largest state-controlled refiner by capacity, will set up EV charging facilities […]

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Aker Offshore, Ocean Winds and Statkraft Team Up For Offshore Wind in Norway

Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. While Akers and StatKraft are Norway based firms, Ocean Winds is the result of a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE […]

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EVs Reached Record 30% of New Vehicle Registrations in Germany in Oct

While sales of conventional vehicles have suffered under supply shortages and long delivery times, electric vehicles (EVs) are rolling out of dealerships in Germany. The German Association of the Automotive Industry (VDA) says that in the month of October, for the first time, EVs accounted for 30.4 percent of new vehicle registrations. That’s due to […]

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UK Might Mfg Magnets Used in EVs, Turbines to Cut Reliance on China

The UK could revive domestic production of super strong magnets used in electric vehicles and wind turbines with government support, to cut its reliance on China and achieve vital cuts in carbon emissions, according to media reports. A government-funded feasibility study, which was due to be published today, lays out the steps Britain must take […]

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IOC Plans to Install 10,000 EV Charging Stations by 2024

India’s leading oil manufacturing company Indian Oil Corporation Ltd. (IOC) has decided to join the EV bandwagon by offering to set up electric vehicle charging stations across the country. The company has announced that in order to help widen India’s EV infrastructure, it will install 10,000 EV chargers across the country by 2024. The announcement […]

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Projects to Create Green Grid, CCS Hubs Across ASEAN, Australia

National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources and form a green power grid in the region, according to media reports. Below are some of the projects engaged in developing this green grid that have been announced: ASEAN Members of the Association of Southeast Asian Nations […]

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Apple Adds 9 GW of Clean Power and Doubles Supplier Commitments

Technology giant Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, accelerating progress toward its ambitious 2030 goal to be carbon neutral across its supply chain and products. In total, 175 Apple suppliers will transition to using renewable energy, […]

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Singapore Plans Electricity Imports to Boost Security, Diversify Supply

Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security. The Asian city-state will start with trials to resolve technical and regulatory issues over cross-border power trading, […]

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