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EBRD and EU to Mobilise Up to 100 Million Euros for Critical Raw Materials Investments
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming...
What Happens When the Lifespan of Solar Panels Ends? Is There a Reason for Concern?
New technologies bring hope for a better and safer future, but at the same time, they also bring anxiety – what negative consequences might they leave behind? Electric vehicles, for example, are...
New Analysis Reveals European Solar Battery Storage Market Increased by 94 per cent in 2023
Latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS); a 94 per cent increase compared to 2022. This marks the third...
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...
Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...
Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28
Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...
One in four EVs sold in Europe this year will be made in China – analysis
Almost a fifth (19.5 percent) of electric vehicles sold in Europe last year were made in China and this is on track to reach a quarter (25 percent) in 2024, according to...
UNEXPLORED SEABED OF NORWAY: CHALLENGES AND OPPORTUNITIES OF SEA MINING
Seabed mining is the process of extracting minerals from the deep sea. Hundreds, even over 1,000 metres below the surface of the water, there is cobalt, nickel, zinc, copper, lead, lithium and...
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former...
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion...
Latin America to play an essential role in the global transition to a more secure and sustainable energy system
At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and...
ABB expands partnership with Northvolt to electrify the world’s largest battery recycling facility
ABB and Northvolt are further strengthening their long-standing collaboration in the field of green batteries, an increasingly critical part in the ongoing energy transition. Since 2017, ABB has already delivered key electrification...
Watts to Wheels: Why EV-Battery Innovation is Key to Sparking a Renewable Revolution
Increasing the uptake of electric vehicles (EVs) is a fundamental part of accelerating the renewables-based energy transition and getting us onto the 1.5°C pathway. The uptake of EVs holds the potential to...
EU’s domestic material consumption remained stable in 2022
In 2022, the domestic material consumption of the EU economy remained relatively stable at around 14.5 tonnes per person, indicating a very slight increase of 0.4 percent compared with 2021 (14.4 tonnes...
The Clean Energy Economy is Gaining Ground, But Greater Efforts are Needed now to Get on Track for Net Zero by 2050
Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net zero emissions by mid-century, according to the IEA’s latest...
BMW Group to Use Innovative Round BMW Battery Cells in NEUE KLASSE from 2025
The BMW Group is convinced that powerful, innovative, sustainably-produced battery cells will be key to the success of individual electromobility in the future. The company is set to launch a new era...
