Europe, in order to lower dependency on solar panels, is currently expanding its industry chain. Joint venture Solarcells will be establishing a solar module factory in Luxemburg before the end of the year, with about 50MW of capacity for the first phase, and is capable of manufacturing approximately 100K solar modules each year. Luxemburg technical […]
EV charging solutions provider Exicom to enter Europe – EQ Mag
Its European expansion will generate $50 million in revenue in the next five years Exicom, which provides charging solutions for electric vehicles (EVs), will set up a legal entity in Europe in order to succeed in a new market. “The plan is to create a legal entity and also work with distributor partners. If we […]
Europe wind and steel industries urge EU to diversify critical minerals list – EQ Mag
The EU is due to unveil its Critical Raw Materials Act (CRMA) on March 8 to secure the bloc’s supply of critical raw materials, including lithium, cobalt, manganese and rare earths needed for electric vehicles (EVs) LONDON : The European steel and wind industries on Thursday urged the European Union to use upcoming legislation to […]
Spain says Germany to join hydrogen pipeline project – EQ Mag
The hydrogen pipeline will bring “green” gas from the Iberian Peninsula to the rest of Europe. France, Portugal, and Spain previously agreed to build the pipeline, which should be operational by 2030. Germany will join a new hydrogen pipeline project between Spain, Portugal and France, according to the Franco-German declaration on Sunday’s 60th anniversary of […]
Tata Group planning to set up EV cell-manufacturing operations in Europe – EQ Mag
Tata is finalizing plans and will announce details soon, he said, declining to disclose the location of the facility and a time frame India’s oldest conglomerate, Tata Group, is planning to set up electric vehicle cell-manufacturing operations in Europe as it tries to accelerate its British marque unit’s shift to battery-powered cars. Jaguar Land Rover […]
Europe has avoided energy collapse. But is the crisis over? – EQ Mag
FRANKFURT, Germany : Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. Natural gas suppliers in recent days have increased their stocks at a time when they’re […]
Bumper green aluminium output is good news for carmakers, and climate – EQ Mag
Aluminium makers are set to boost low-carbon metal output by 10 per cent in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly supplies and shrinking the industry’s hefty carbon footprint. Aluminium is the most energy-intensive metal to produce, accounting for about 1.1 billion tonnes of […]
Europe to Construct Ultra-Large Hydrogen Pipeline Connecting Portugal, Spain, and France – EQ Mag
Europe is on the verge of initiating the first large hydrogen pipeline project H2MED that connects Portugal, Spain, and France, and will cost about EU€2.8 billion, with half of the fund being provided by the EU. Pedro Sánchez, Prime Minister of Spain, as well as Emmanuel Macro, President of France, and António Costa, Prime Minister […]
Europe Arrives at All-Time High in Energy Storage Systems among Residences by Exceeding a Million Units in 2022 – EQ Mag
According to the latest data of SolarPower Europe, Europe had installed 650K units of residential battery energy storage systems in 2021, and has now exceeded a million units in 2022. Europe’s total residential battery installations had risen from about 3GWh in 2020 to more than 5GWh in 2021, before exceeding 9GWh this year, with the […]
Opportunity for battery storage ‘as big as it has ever been’ in Europe – EQ Mag
Healthy arbitrage opportunities to continue 44.6 GW European storage forecast by 2030 Purchasing power challenge versus EVs Battery storage players in Europe are experiencing both the best of times and the worst of times. The ongoing volatility in the European power market makes the case for grid-scale batteries like never before, but persistent supply constraints […]
