China’s car sector strikes 10m brand-new power lorry sales
This development has actually been sustained by continuous federal government aids made to motivate customer acquisitions.
LG Power to provide batteries for Aptera Motors’ EVs
The contract stands from 2025 to 2031 and consists of an overall of 4.4 GWh of battery supply.
Indian power technology start-up elevates $6.2 m collection A
Emo Power has actually released greater than 2,000 battery packs for different mobile applications.
Oil majors abandon renewable energy and increase investment in fossil fuels
Despite growing calls for an urgent energy transition, some of the world's largest oil companies are backing away from commitments to shift to renewable energy and planning to expand fossil fuel exploration.
Iran's energy crisis intensifies, industries shut down
According to the New York Times, Iran is facing a “full-blown energy emergency” with government offices closed or reducing hours, schools and universities forced online, manufacturing has all but stopped, and highways
India to ramp up energy storage for solar and wind projects
Future wind and solar projects in India may require battery storage – just like China. Prashant Kumar Singh, secretary of the Ministry of New and Renewable Energy (MNRE), said the government plans
Japan returns to nuclear power by reforming energy policy
Japanese officials are abandoning past goals to reduce the country's reliance on nuclear power and plan to develop “next generation reactors” to meet ambitious new clean energy goals. Nuclear power has taken
Renewable energy brings wealth to Sinar Mas family
This story appears in the December 2024 issue of Forbes Asia. Subscribe to Forbes Asia Franky Widjaja, President Commissioner Dian Swastatika Sentosa. Dimas Adian/Bloomberg This article is part of Forbes' 2024 report
Google invests $800 million in clean energy company Intersect Power
The tech giant is also partnering with Intersect and TPG Rise Climate to create industrial parks.
Israeli AI Clean Energy Company Receives US$10 Million in Series A Financing
Founded in 2021, EnSights focuses on optimizing renewable energy assets.
Meta purchases green energy credits from the U.S. Solar Project
These solar projects are planned to be connected to the grid from 2024 to 2027.
India's Adani Green Energy faces $250 million bribery charges
The contract involves 8 gigawatts of solar power capacity and a commitment to expand production.
Meta will use renewable energy to build its largest data center
The facility will serve as a hyperscale data center to handle massive data processing needs, including artificial intelligence workloads.
Sales of new energy passenger vehicles in China increased by 51% in November 2023
Last month, BYD and Geely together accounted for more than 40% of China's new energy vehicle sales.
Meta considers using nuclear power as its energy source in the 2030s
The company has issued a request for proposals to develop 1 to 4 gigawatts of nuclear energy capacity.