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Tag: electrification
European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump
After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This...
Alternative Fuels – the EU’s Path to Climate Neutrality
Transport is an indispensable part of modern life. It connects us to the world—allowing us to carry out daily tasks, travel on holiday, and keep store shelves stocked with goods. Life without...
ABB Acquires Solutions Industry & Building to Expand its Cable Protection Systems
ABB announced today it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway...
Europe’s Wind Supply Chain Continues Ramp Up to Meet EU Targets
On 15 October MEPs Barry Andrews, Annalisa Corrado and Bart Groothuis and EU Commission officials from DGs GROW and MARE joined WindEurope to visit Sif’s new monopile factory and Eneco’s new coastal...
The corporate sector continues to lag behind private households for EV uptake
The EU's corporate car market stagnation is explained by poor progress in fleets electrification in Germany, France, Italy and Spain.The corporate sector continues to lag behind private households in terms of electrification,...
Key Enablers to Triple Renewables by 2030: Policy and Regulations
The UAE Consensus agreed at COP28 to triple global renewable energy capacity and double energy efficiency gains by 2030 requires countries to overcome structural barriers impeding the energy transitions progress. The World...
EU Member States Must Take Urgent Action on NECPs and Overriding Public Interest
On 30 June all 27 Member States were due to submit the final version of their National Energy and Climate Plans (NECPs). This comes after the European Commission had reviewed their draft...
France Commits to Big Offshore Wind Volumes
Last year France raised its offshore wind target for 2050 to 45 GW, with an intermediate target of 18 GW by 2035. On 2 May the Government published a new offshore auction...
ABB Opens Nnew EUR 20 Million Energy-Efficient Factory in Belgium
ABB has opened a new 20 million euros injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe....
Transition to Renewables Calls for New Approach to Energy Security
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today.
Geopolitics...
Schneider Electric: Digitization as the Key to the Energy Transition
The Schneider Electric Innovation Summit was once again a meeting place for the latest automation, electrification, and digitalization solutions. Representatives of numerous companies met in Paris, where Schneider Electric, a leader in...
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...
THE PATH TO THE DEVELOPMENT OF E-MOBILITY
In cooperation with the Faculty of Mechanical, Traffic and Electrical Engineering, the National Association of Autonomous and Electric Vehicles (NAAEV) is holding the sixth E-mobility Forum in Belgrade on October 11 and...
IRENA and DP World Join Forces to Advance Decarbonisation Solutions for Ports and Maritime Logistics
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based global supply chain solutions company. Through the agreement, the two organizations will collaborate on decarbonising the...
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...
Charging ahead: How to unlock the electric vehicle revolution
With 68 percent of people expected to live in cities by 2050, urban areas will be at the heart of the electric vehicle (EV) transition, which is well underway. The adoption of...
