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Electric Car
Inside the World’s First Affordable Solar-Powered Electric Vehicle: The $25,000 Sono Motors Sion
Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a…
EU
EIB Group Supports REPowerEU Plan With €30BN Financing
Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.
EU
EU Gives 80 Mln Euro to N. Macedonia to Tackle Energy Crisis
The European Union pledged 80 million euros to North Macedonia to tackle energy crisis and it will help to build new generating capacities.
LNG
LNG Ships Play Waiting Game off Spain’s Coast as Higher Prices Eyed
Several ships carrying liquefied natural gas (LNG) anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in E…
France
French Power Group EDF Issues New Profit Warning
EDF said on Thursday it now expected a hit to its core earnings of around 32 billion euros because of lower nuclear production,a bigger loss than the 29 billion…
Energy Storage Battery
Masdar Acquires UK-Based Bess Developer, Arlington Energy
UAE-based renewable energy giant says acquisition will allow it to expand its UK and European presence and support net-zero objectives of other countries.
High Energy Prices Force the World’s Largest Chemicals Company to Downsize
The world’s biggest chemicals company, Germany-based BASF, will seek permanent cost-saving measures in Europe due to the high energy prices endangering its com…
Energy Transition
Malaysia’s TNB to Develop 2,100MW Combined Cycle Power Plant
This is scheduled to be in operation in 2031.
Egypt
Egypt Oil Min Says Framework Agreement in Place on Gaza Marine Field
Egypt's petroleum minister confirmed on Tuesday a framework agreement had been reached to develop the Gaza Marine gas field offshore Gaza and talks were under w…
Europe’s Energy Crisis Heaps Pain on Heavy Industry
Makers of metals, chemicals and gases said on Tuesday that the outlook for the final months of the year had worsened as concerns intensify that a surge in energ…
Natural Gas
EU Edges Towards Gas Price Cap With More Emergency Talks
European Union energy ministers will hold another emergency meeting in November to try to make progress on a bloc-wide gas price cap, after talks on Tuesday lef…
Carbon Emissions
Apple Announces New Clean Energy Investments, Asks Suppliers to Decarbonize
Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations rela…
Electric Car
U.S., EU Launch Formal Group to Discuss Conflict Over EV Subsidies
U.S. and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign…
Electric Vehicle Battery
France Enters ‘White Gold’ Rush as Top Producer Aims to Supply Europe With Lithium
The company is targeting 34,000 metric tons of lithium hydroxide production each year from 2028.
Natural Gas
EU Countries Look to Map Out Path to Gas Price Cap
European Union energy ministers will discuss a bloc-wide gas price cap on Tuesday, attempting to navigate their next steps although it is likely to be weeks bef…
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