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Tripling Renewables Investment to Reach Climate Goal
Global renewable energy investment increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI).” The 2020 edition of Global…
Volvo Buses Inks New Electric Bus Orders In Norway
Norway is one of the most active nations when it comes to cutting carbon emissions. That means putting significant incentives in place for electric vehicles, be they passenger vehicles, trucks, ferries, or buses. One of its policy initiatives calls for…
Verkor, Europe’s New Battery Cell Producer, Begins Its Industrial Journey
Verkor, a French industrial company, is set to amplify battery cell production in Europe, with the support of EIT InnoEnergy, Schneider Electric and the GROUPE IDEC. The new venture will accelerate the production capacity of low-carbon batteries in southern Europe…
ABB Breaks Ground on $30 Million Facility for EV Chargers to Meet Global Demand
ABB has marked the start of construction at its new facility in San Giovanni Valdarno, Italy, which will serve as a global Center of Excellence and production site for electric vehicle charging infrastructure. The 16,000 square meter facility is expected…
The Oil & Gas Industry Doesn’t Have a Bright Future
The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower…
Mobility for Africa Shows How Electric Vehicles Can Transform Lives Where It Matters Most
A lot of startups pop up from time to time with the “Next Big Thing” or the next big service offering in EVs. Most of the time they will be hyping some futuristic and to some extent, mythical new six-figure…
Can Electricity Decarbonize the Energy Sector?
The energy sector currently accounts for two-thirds of global carbon emissions; Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization; As the demand to “electrify everything” grows, the carbon footprint associated…