Volkswagen AG secured 20 billion euros ($25 billion) in battery supplies to underpin an aggressive push into electric cars in the coming years, putting pressure on Tesla Inc. as it struggles with production issues for the mainstream Model 3. The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with […]
Green Energy
Europe sails towards electrified shipping fleets
Since early 2015, a mid-sized car ferry, the MS Ampere, has been traversing the Sognefjord in western Norway from early morning to evening, seven days a week – without a whiff of smokestack exhaust or a decibel of engine roar. Oslo – Since early 2015, a mid-sized car ferry, the MS Ampere, has been traversing […]
World’s First Energy Storage Fund to List in London
The London-based private-equity firm is seeking to raise 100 million pounds ($139 million) from the initial public offering expected later this month on the London Stock Exchange. The fund will invest in large-scale batteries. The increase of renewable supplies at a time when policymakers are looking to phase out fossil-fuel generation threaten to leave grid […]
Audi’s upcoming e-tron Quattro is an electric, connected, and high-tech SUV
Audi’s first regular-production electric model, the e-tron Quattro, will arrive in showrooms in about a year. The German firm recently let 250 camouflaged prototypes loose on the streets of Geneva, Switzerland, to give the public an early look at the model in action. Digital Trends caught up with one, and we quizzed Audi’s development chief […]
Tesla begins construction on world’s largest solar rooftop
The US-based electric vehicle and solar firm announced in January plans to install 70MW of solar panels on to the rooftop of its battery cells, which it develops with Panasonic, and energy storage plant. If the firm complete their goal, the roof will be the largest solar roof installation in the world. “GF1 is an […]
Global power generation construction project market worth $4.78tn
According to data tracked by Timetric’s Construction Intelligence Centre (CIC), the global market for power generation construction projects is worth $4.78tn. The report forecasts that these new power generation projects, $1.94tn of which are currently in the planning stage, will add a global energy capacity of up to 2,944GW. By region, the Asia-Pacific (APAC) accounts […]
