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.
Electric & hybrid
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.
Reportlinker has reported that the hybrid power systems market will grow at a compound annual growth rate (CAGR) of over 8%.
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 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.
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.
The Mitsubishi Outlander plug-in hybrid electric vehicle (PHEV) remains the UK’s highest-selling PHEV.
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.
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.
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 has decided to make its car fleet 100% electric. It is also the first Danish company to join the global EV100 initiative.
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.
Wood Mackenzie’s Vice Chair Gavin Thompson writes about the exciting growth of renewables in Asia Pacific.