Sina Schuldt | picture alliance | Getty Images Three major transportation firms are set to work with one another on the development of a European charging network for “battery electric heavy-duty long-haul trucks and coaches.” In a joint announcement earlier this week, Volvo, Daimler Truck and the Traton Group said they had signed a non-binding agreement related to
Environment
LONDON — Oil and gas giant BP on Thursday published its benchmark Statistical Review of World Energy, describing 2020 “as a year like no other” due to the impact of the coronavirus pandemic on global energy. Over the past seven decades, BP said it had borne witness to some of the most dramatic episodes in
OPEC and its allies left the oil market hanging on Monday when they indefinitely postponed talks to resolve a disagreement over production curbs. Crude prices first surged to six-year highs, then retreated, and uncertainty continues to hang over future OPEC+ policy. But at least one energy analyst expects a breakthrough to come soon. “I think
Scott Heaney | iStock | Getty Images The U.S. Department of Energy has announced that as much as $27 million in federal funding will be provided for research and development projects focused on wave energy. In the latest attempt to encourage innovation within a sector that has a very small footprint compared to other types
The container ship Maersk Murcia sits moored to a terminal in the port of Gothenburg, a busy shipping centre on the west coast of Sweden, as cargo is loaded onto it by crane before it sets sail on August 24, 2020. JONATHAN NACKSTRAND | AFP | Getty Images LONDON — The European Union is due
Utilities could be the underrated beneficiaries of a U.S. infrastructure overhaul, one CEO says. With Washington lawmakers working to make the Biden administration’s $579 billion infrastructure spending framework a reality, the year’s worst-performing sector could be in for a rebound, Reaves Asset Management CEO Jay Rhame told CNBC’s “ETF Edge” this week. Two major tailwinds
Two public sector giants in India’s energy sector have come together to set up offshore wind energy projects. According to media reports, power generation company NTPC Limited and oil and gas exploration company ONGC Limited have announced a partnership to set up offshore wind energy projects. The two companies signed a memorandum of understanding last
Oh, those pesky wind turbines, running around the countryside cluttering up the landfills with their big old unrecyclable blades. That’s the picture drawn by critics, but not for long. A new scheme is afoot that takes the old blades from a wind turbine and recycles them into new energy storage systems for wind and solar
The U.S. Department of Energy (DOE), Office of Energy Efficiency and Renewable Energy (EERE), and the Water Power Technologies Office (WPTO) released a Request for Information (RFI) to seek stakeholder input on factors to consider in relation to defining “an area where there is inadequate electric service,” which will inform future eligibility criteria for WPTO’s
Tesla Energy, Brookfield Asset Management, and Dacra are teaming up to create SunHouse at Easton Park, Brookfield announced. This is the first Tesla Solar neighborhood and will be the nation’s most sustainable residential community, according to the companies. Brookfield and Dacra are combining their real estate experience with Tesla Energy’s products and wisdom to create
Originally published on RMI.org.By Michael Donatti, Erifili Draklellis, Ana Sophia Mifsud, & Rushad Nanavatty Local governments are making progress on protecting their people and environment. State politicians, sponsored by the fossil-fuel and utility industries, are taking that ability away from them. A new insight brief from RMI examines state pre-emption of local clean energy and electrification
India’s largest vertically integrated power company in the private sector has thrown its weight behind renewable energy. The Chairman of Tata Power has announced that his company will add 15 gigawatts of renewable energy capacity over the next few years. The company currently has 1.8 gigawatts of solar and wind energy capacity operational and another
Well, whaddaya know. No sooner does New Jersey let slip that it has a new green hydrogen pilot project in the works, when here comes archrival New York right across the river with a whole truckload of green hydrogen news. And they do mean green hydrogen from renewable resources, not that other stuff the natural
A transaction related to the sale of wind turbine manufacturer Senvion’s India business has been completed. According to media reports, the Saudi Arabia-based manufacturer of power equipment Alfanar has completed the acquisition of Senvion’s India business. Alfanar completed the transaction through Global Renewable Energy Development Holding Company Limited, which had acquired Senvion India in December
There’s a small town in Texas that has taken a stance against solar panels in a weird way. That stance was actually taken back in 2012 via a city ordinance. Tyler, Texas, is what I’ve always considered the midpoint between Shreveport, Louisiana, and Dallas, Texas. Stop at the truck stop to get some rocks, fudge,
For nearly a decade, utility companies have been targeted by companies and individuals selling a particular kind of snake oil. Don’t get me wrong, I don’t think a lot of these people are acting maliciously (I’ll get to that in a minute). In fact, I think a lot of these people have the best of
In this article UAL AIR-FR A commercial plane takes off after sunset from Geneva Airport, Switzerland. FABRICE COFFRINI | AFP | Getty Images From the Wright brothers’ historic flight in 1903 to the development of supersonic aircraft, the history of aviation has been driven by technology and ambition. Now, as the 21st century progresses, the
In this article 7267.T-JP 7203.T-JP TATAMOTORS-IN A Land Rover Defender sits on display on the opening day of the IAA Frankfurt Motor Show in Frankfurt, Germany, on September 10, 2019. Krisztian Bocsi | Bloomberg | Getty Images Jaguar Land Rover said Tuesday it was working on the prototype of a hydrogen fuel cell electric vehicle,
In this article GM GM CEO and chairman Mary Barra speaks during an “EV Day” on March 4, 2020 at the company’s tech and design campus in Warren, Mich., a suburb of Detroit GM DETROIT – General Motors said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025,
The skyline of financial and business center is seen in the background as people paddle surf along the East Coast Park beach in Singapore on July 17, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore plans to invest more in building a new green economy, according to the city-state’s Finance Minister Lawrence