Estuary Power Secures $340 Million for Escape Solar and Storage Project in Nevada. Estuary Power, a renewable energy and storage development company, has closed a $340 million financing package for the Escape Solar and Storage project in Lincoln County, Nevada.…
Tesla Recalls Over 239,000 Electric Vehicles in 2024. Tesla, owned by Elon Musk, has announced a voluntary recall of over 239,000 of its electric vehicles. The recall affects models produced between 2024 and 2025, including the Model 3, as well…
Germany’s Renewable Energy Capacity Surges in 2024. According to preliminary data published by Bundesnetzagentur, Germany increased its installed renewable energy capacity by nearly 20 gigawatts (GW) in 2024, reaching a total of almost 190 GW. This marks a 12% year-on-year…
Work has begun on the construction of the largest energy storage project in Europe. The installation is being built in Coalburn, South Lanarkshire (Scotland). Developers promise that two battery farms—one located on the site of a former open-pit coal mine—will…
2024 was a groundbreaking year for the energy storage industry. Record-breaking deployments, increasing technology diversity, and expansion into new global markets are just some of the major trends that shaped this rapidly growing sector. Below is an overview of the…
Norway Confirms Its Leadership in E-Mobility, Reaching an Impressive 90% Electric Vehicle Sales in 2024. According to an OFV report, of the 130,000 new cars sold last year, only 986 had traditional combustion engines. Electric Domination on the Roads Electric…
Tesla Inc., the American electric vehicle giant, recorded a breakthrough year in the energy storage sector. The total deployment capacity reached 31.4 GWh, more than doubling the previous record from 2023, when the company delivered 14.7 GWh. Historic Growth in…
Russian energy giant Gazprom announced the suspension of gas exports to Europe via Ukraine from 8:00 AM Moscow time (6:00 AM Polish time) on Wednesday, January 1, 2025. The decision comes after the expiration of a five-year transit agreement between…
Chilean energy giant Enel Chile has begun commercial operation of its cutting-edge hybrid power plant, Don Humberto, which combines solar energy with an innovative BESS (Battery Energy Storage System). Located in the Santiago metropolitan region, the plant marks a significant…
Canadian company Anaergia Inc., specializing in renewable natural gas (RNG) production, has announced the signing of a contract with PepsiCo Alimentos Z.F. LTDA, a subsidiary of PepsiCo Inc. in Colombia. As part of the collaboration, Anaergia will supply an innovative…