Tag: Energy

Zara founder Ortega triples investment in energy assets

By Reuters Published Sep 3, 2024  Zara founder Amancio Ortega’s investment firm Pontegadea almost tripled its investments in renewable energy projects last year, building on its push to diversify the Spanish billionaire’s fortune beyond his fashion empire and real estate. Reuters According to 2023 financial statements filed with the Mercantile Register and seen by Reuters, [...]read moreZara founder Ortega triples investment in energy assets

Energy, consumer groups laud new federal efficiency standards for housing

A coalition of energy- and consumer-focused trade groups lauded the release of new energy-efficiency standards for the construction of new single-family and multifamily homes, which were announced last week by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA). Nine groups released a joint statement and a series [...]read moreEnergy, consumer groups laud new federal efficiency standards for housing

Texture makes a bid to become the world’s go-to platform of the energy transition

The startup, founded by an Arcadia alumnus, seeks to become a common data collection and sharing platform for renewable power sources like wind, solar, and batteries. © 2024 TechCrunch. All rights reserved. For personal use only. Source link

India’s Exponent Energy brings 15-minute charging to passenger three-wheelers

India is getting an electric three-wheeler passenger vehicle that charges from 0 to 100% in 15 minutes. The launch of the new EV — a collaboration between auto manufacturer Omega Seiki Mobility and battery-tech startup Exponent Energy — comes amid India’s ambition to electrify 80% of all its three-wheelers by 2030 in an effort to [...]read moreIndia’s Exponent Energy brings 15-minute charging to passenger three-wheelers

Photoncycle targets low-cost energy storage with a clever hydrogen solution

For years, the solar energy sector has grappled with interseasonal energy storage. The ability to harness the surplus solar energy of summer months for use during the winter has remained an elusive goal, with existing solutions like batteries falling short due to prohibitive costs and limited lifespans. Hydrogen, meanwhile, despite its clean-burning properties, has been [...]read morePhotoncycle targets low-cost energy storage with a clever hydrogen solution

Toyota fully acquires Primearth EV Energy from Panasonic, to rename company as Toyota Battery

Earlier this month, Toyota announced that it had agreed with Panasonic to make affiliated company Primearth EV Energy (PEVE) a wholly-owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. That acquisition has now been completed, and the automaker says that it intends to change the PEVE company name to Toyota Battery from [...]read moreToyota fully acquires Primearth EV Energy from Panasonic, to rename company as Toyota Battery

Joe Biden wants to make mac and cheese with clean energy

The Biden administration today announced the largest investment in cleaning up industrial greenhouse gas emissions to date. The Department of Energy (DOE) selected 33 projects across more than 20 states to receive up to $6 billion in federal funding for clean energy technologies. It’s a diverse cohort spanning from mac-and-cheese maker Kraft Heinz to manufacturers [...]read moreJoe Biden wants to make mac and cheese with clean energy

UK’s Sunak to unveil $252m investment in nuclear deterrent, nuclear energy | Nuclear Energy News

UK leader says investment is vital in ‘more dangerous and contested world.’ United Kingdom Prime Minister Rishi Sunak is set to announce plans to invest 200 million pounds ($252m) in the country’s nuclear deterrent and civil nuclear industry. Sunak will on Monday announce a “national endeavour” to secure the future of the nuclear submarine-building and [...]read moreUK’s Sunak to unveil $252m investment in nuclear deterrent, nuclear energy | Nuclear Energy News

‘Imagine if just one dam is hit’: Russian-Ukrainian energy war heats up | Russia-Ukraine war News

Olena Rozumovska is at the end of her rope. Her two-bedroom apartment in an Soviet-era concrete building has no electricity or water supply, and the central heating is off after Russian drones and missiles struck Kharkiv, Ukraine’s second largest city, on Friday. “It’s unbearable, impossible. I want to howl with despair,” the 33-year-old, whose husband, [...]read more‘Imagine if just one dam is hit’: Russian-Ukrainian energy war heats up | Russia-Ukraine war News