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Hyundai E&C Inks Partnership Deal With Energy It Startup
Hyundai Engineering & Construction Co. (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an …
Electric Vehicles
Gotion Is Bringing a $2 Billion EV Battery Gigafactory to Illinois, Creating Thousands of Jobs
Global EV battery developer Gotion High-Tech has announced a major investment in the state of Illinois to the tune of $2 billion to erect a new gigafactory in M…
Offshore Wind Power
UK's Oil & Gas, Offshore Wind, CCS, and Hydrogen Investments to Hit Whooping £200 Billion by 2030
The UK has set its cap on pursuing energy security alongside decarbonisation to lay the groundwork for its transition to net-zero by 2050. While several things …
Energy Storage Project
Stellantis Opens Its First Battery Technology Center in Italy
Stellantis celebrated the grand opening of its first Battery Technology Center, at the Mirafiori complex in Turin, Italy. The €40-million investment to dev…
Hydropower Plant
Biden-Harris Administration Commits Over $13 Million to Boost Hydropower Expansion
The US Department of Energy (DOE) has unveiled an investment of more than $13 million in seven research and development projects aimed at advancing hydropower a…
Battery
Zenobē confirms c.£600 million investment from KKR
Zenobē confirms c.£600 million investment from KKR. Image: Zenobe.Confirming reports made earlier this week, battery storage developer Zenobē has secure…
Power Construction
Dutch State Invests $535 Million in Power-Grid Operator Stedin
The Dutch government said on Friday it would invest 500 million euros ($535 million) in regional electric grid operator Stedin to help it handle the surge in el…
Nuclear Fusion
Germany Stepping up Investment in Fusion
Germany will invest more than EUR1 billion (USD1.1 billion) in fusion research over the next five years, Federal Research Minister Bettina Stark-Watzinger annou…
Geothermal Power Project
Cornish Lithium Receives £53M Investment to Develop Domestic Lithium Supply
Cornish Valleys, Cornwall, UK (source: flickr/ Jack Pease, creative commons)UK-based mineral exploration company Cornish Lithium has secured £53 million (…
Electric Vehicles
Why US Adopts New EV Rules
An electric vehicle is charged in Rosemead, California, United States, on April 12, 2023. [Photo/VCG]On August 16, 2022, U.S. President Joe Biden signed the Inf…
Hydrogen Transport
UHL's £250 Million UK Investment Boosts Hydrogen Transport
United H2 Limited (UHL), the world’s largest hydrogen conglomerate, has announced plans to invest £250 million in the country’s burgeoning hyd…
Electric Vehicle Battery
Tesla Urges Australia to Give Tax Credits for Battery Supply Chain Investment
Tesla’s Model 3 being brought into an Australian mall. (Image by Tesla, Instagram).Electric-vehicle giant Tesla Inc. says Australia should offer tax incen…
Geothermal Power Project
4th Resource Signs Mou for Development of Harmokale Geothermal Project, Ethiopia
View of the vast volcanic landscape to be explored under a newly granted geothermal reconnaissance license in Ethiopia (source: 4th Resource)4th Resource Corp.,…
Wind Farm
Equinor Has Acquired a 26 MW Onshore Wind Farm in Poland
Equinor has acquired a 26 MW onshore wind farm in Poland from the Helios Group. With this investment, Equinor expands its broad energy offering in Poland and de…
United States
Here's Where the $154B Investment and 188K Jobs From Biden's EV Push Are Going
In recent years, automakers have announced new EV investments totaling $154 billion and creating 188,000 jobs, largely catalyzed by President Biden’s EV p…
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