Browsing: REGIONAL

Europe’s race to decarbonize its energy system has intensified under mounting geopolitical pressures. This week, the European Commission approved sanctions banning new gas and LNG imports from Russia, reinforcing the urgency to diversify supply and accelerate the green transition.

The U.S. Department of Energy (DOE) has canceled $700 million in federal battery and manufacturing grants, marking the second wave of funding reversals this month and signaling a more stringent approach to industrial subsidies.

As the world pushes toward carbon neutrality, high-energy-density batteries are emerging as critical enablers for electric vehicles and grid-scale renewable storage.

Tesla has issued a recall for 12,963 vehicles in the United States after identifying a potential battery connection defect that could cause sudden power loss while driving, according to the National Highway Traffic Safety Administration (NHTSA).

Austria has announced €274.8 million ($291.6 million) in funding for four domestic hydrogen projects, signaling its intent to emerge as a central player in Europe’s hydrogen economy.

By 2030, Africa could emerge as a key supplier of green hydrogen to Europe—but only if European policy interventions address the continent’s prohibitive financing conditions.

Global demand for hydrogen reached nearly 100 million tonnes (Mt) in 2024, up around 2 % from the previous year and largely driven by traditional industrial uses such as refining and ammonia production.

Dutch pension fund manager APG has announced a €300 million ($350 million) growth investment in Amsterdam-based energy storage developer Return, aimed at expanding its battery energy storage system (BESS) portfolio across the continent.

ITM Power has introduced the Alpha 50, a standardised 50MW green hydrogen plant priced at €50 million ($58.2 million), a move that positions the UK-based manufacturer at the forefront of cost-competitive electrolyzer deployment in Europe.

DESCO Infratech Limited has signed a Memorandum of Understanding (MoU) with KPI Green Hydrogen and Ammonia Private Limited and Naveriya Gas Pvt. Ltd to jointly develop hydrogen–natural gas blending projects and associated infrastructure nationwide.