Toyota has secured a deal with LG Energy Solution, placing a substantial $1.5 billion order to supply batteries for its upcoming electric vehicle line.
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Northvolt has announced the sale of its industrial battery division.
The United Kingdom’s battery energy storage system (BESS) sector continues to gain momentum with Constantine Energy Storage and Habitat Energy joining forces to optimize three pivotal BESS projects in the nation.
Europe is making strides towards electrification and decarbonization, as evidenced by the recent allocation of a substantial €645 million EU grant to Denmark’s Bornholm Energy Island project.
Korea Gas Corporation (KOGAS) and Korea Gas Safety Corporation (KGS) have recently entered into a Memorandum of Understanding (MOU) to collaborate on hydrogen mixing technologies.
In the rapidly evolving landscape of economic development, major conglomerates such as Samsung, Hyundai, and SK Group are paving the way for sustainable financial models.
The €2.3 billion aid scheme approved by the European Commission marks a significant push in Finland’s transition to a net-zero economy.
The prospect of Morocco’s green hydrogen and ammonia project gaining traction is closely linked to the country’s ambitious plan to harness its abundant wind and solar resources.
Belgium is rapidly positioning itself in the green hydrogen market with significant investments in new plants and strategic partnerships aimed at reducing carbon emissions.
The smart grid sector has gained momentum, underscored by significant investment activities, such as Ionate’s recent $17 million funding round.