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The German automaker Volkswagen plans to build electric vehicle battery plants in Europe to expand its infrastructure and speed up mass adoption of battery-powered cars. Volkswagen said that it plans to build six battery cell factories by 2030 in Europe with production capacity of 240 gigawatt hours per hour. A spokesperson said that’s enough to […]
The German aircraft manufacturer Volocopter is all set to launch its first flying electric taxi service in Singapore within the next three years. The taxis developed by volocopter are electrically powered that take-off, land vertically and is also emission-free; it can accommodate up to two passengers and fly directly to the destination. The company had […]
Australian and Japanese company Transborders Energy has signed a MOUS with research, oil and gas industry to develop Australian offshore CO2 capture and storage hub project. It’s a joint partnership between the leaders in oil and gas sector and researchers to co-develop the project – the deepC Store project. In one of five priority technologies, […]
Panasonic has signed a preliminary agreement with Nordic energy company Equinor and the industrial group Norsk Hydro to explore the possibilities for building a “sustainable and cost-effective European battery business” for electric vehicles in Northern Europe. Over the coming months these three companies will work to evaluate the market for lithium-ion batteries in Europe. Mototsugu […]
The capacity of the European Union’s offshore wind farm will be increased by 250% in the Baltic, the Atlantic, the North Sea, the black sea and the Mediterranean under a draft plan drawn up by the European commission. The European Union and the UK are trying to make progress on the target of carbon emission […]
Crude oil prices increased rapidly on Monday on hopes of vaccine against COVID-19 and joint actions by OPEC+ allies to keep grip on supply of oil. The global bench mark Brent Crude oil price hopped 9 percent to more than $43 a barrel and the stock market around the world hop in middle of an […]
Denmark has got the approval from European Energy (EE) to develop a large solar field with a capacity of 300MW. The municipality of Aabernraa, Southern Jutland region will get the largest solar field in Northern Europe. European energy has announced US$158 million to develop the solar field. The solar Field is to be installed in […]
