Fuel cell market to reach US$7 billion by 2025
The fuel cell market is set to grow to US$7 billion by 2025, according to a new research report by Global Market Insights.
Electric & hybrid
Eight times more wind and solar power needed by 2030 to help meet Paris climate target, DNV GL finds
DNV GL report finds that the energy transition is gathering pace but the rate is still too slow to limit global temperatures rising by well below 2°C.
Australia's Macquarie to raise US$675 million for renewables, Reuters report
Macquarie Group Ltd has targeted AUS$1 billion in its biggest capital raising to ramp up investment and take advantage of expected asset price growth in renewable energy, among other sectors.
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The global hybrid power systems market from 2019 – 2023
Reportlinker has reported that the hybrid power systems market will grow at a compound annual growth rate (CAGR) of over 8%.
Detroit Zoo to meet 100% renewable energy goal
The Detroit Zoological Society (DZS) has announced that the Detroit Zoo will be powered by 100% Michigan-made renewable energy through DTE Energy's MIGreenPower programme.
Form closes Series B to enable the transition to 100% renewable grid
Form Energy, Inc. has announced the close of a US$40 million Series B financing round led by Eni Next LLC, the corporate venture capital vehicle of Eni Group.
Renewable energy market anticipated to exceed US$1.5 trillion by 2025
According to a report by ResearchAndMarkets.com, the renewable energy market accounted for revenue of US$928 billion in 2017 and is anticipated to generate US$1.512 billion by 2025.
Plug-in electric hybrid vehicle success despite challenging market conditions
The Mitsubishi Outlander plug-in hybrid electric vehicle (PHEV) remains the UK’s highest-selling PHEV.
Selected high-end diesel car model sales down 95% in Norway as EVs gain momentum
Sales of certain diesel models are in free-fall as Norwegians turn to Tesla and other makers of premium electric vehicles (EV), Rystad Energy finds.
More Electric & hybrid news
Norton Rose Fulbright expands renewable energy practice in Texas
Norton Rose Fulbright has announced that it has expanded its renewable energy capabilities in Texas with the addition of partner Becky Diffen and senior counsel Sam Porter to the law firm’s Austin office.
Bloomberg: Texas makes a case for new plants
The state’s generators had a profitable week as intense heat sent electricity prices shot up to unprecedented levels, briefly surpassing a US$9000 a MWh ceiling.
Ørsted switches to electric vehicles
Ørsted has decided to make its car fleet 100% electric. It is also the first Danish company to join the global EV100 initiative.
Comerica Park powered by clean energy for Green Night on August 14
DTE Energy is partnering with Comerica Park to power the stadium with renewable energy through its MIGreenPower programme on 14 August, including the evening home game between the Detroit Tigers and the Seattle Mariners.
GE announces 2Q19 results
GE has announced results for the second quarter ending 30 June 2019.
Renewables in Asia Pacific
Wood Mackenzie’s Vice Chair Gavin Thompson writes about the exciting growth of renewables in Asia Pacific.