Key Points 🚗 Secretary of Energy Jennifer Granholm’s EV road trip faced issues when her team inadvertently reserved an EV charging stall with a gas car, leading to a probe initiated by House Oversight and Accountability Committee Republicans. 🏛️ Oversight Chairman James Comer and Regulatory Affairs Chairman Pat Fallon criticized the Biden Administration for the…
Key Points 🚀 Austria’s largest battery energy storage system (BESS) using Tesla Megapacks is now live in Ardnolstein, supporting the transmission network. 💰 NGEN Smart Grid Systems invested $16.2 million in the 10 MW/20 MWh BESS project. 🌐 The BESS is grid-connected and participates in the local electricity market, opening opportunities for a local energy…
Key Points 💡 DJK Weingarts Sports Club reduced its electricity bill from €600 to generating up to €20 per month with Tesla Powerwalls. 💰 Thomas Theinert, Head of Finance at DJK Weingarts, implemented a 39.5 kWp solar panel system with three Tesla Powerwall units to achieve these savings. ☀️ In 2022, the system reached 70%…
Key Points 🚗 Tesla is considering building a battery storage production plant in India alongside its potential electric vehicle production facility. 🏭 Talks between Tesla and the Indian government have intensified as the automaker aims to build a factory for a $24,000 car. 🤝 Import duties have been a major point of contention in negotiations…
Key Points 💰 LG Energy Solution issued its first global green bonds, raising $1 billion. 🌍 The funds from these green bonds will be used to support international battery and renewable energy projects, including those in the United States. 🌱 Green bonds are aimed at funding projects that combat environmental challenges and align with environmental,…
Key Points 🚗 Volvo will cease production of diesel vehicles by early 2024. 🌍 The decision is part of Volvo’s commitment to focus on electric powertrains and achieve climate neutrality by 2040. 🌱 Volvo aims to produce only electric vehicles (EVs) from 2030 onward. 🔋 The company has divested from internal combustion engine development and…
Key Points 🔄 Redwood Materials, led by former Tesla executive JB Straubel, has acquired lithium-ion battery recycler Redux Recycling GmbH in Europe. 🌍 The acquisition aims to strengthen Redwood’s battery-recycling capacity in Europe and establish a presence in the European market. 🇩🇪 Redux Recycling GmbH is a German lithium-ion battery recycler with a facility in…
Key Points 🚀 CS Energy’s $150 million Chinchilla battery project in Australia is supported by 80 Tesla Megapack systems with a capacity of 100MW/200MWh. 🏞️ The Chinchilla Battery is part of CS Energy’s Kogan Clean Energy Hub and is located near Chinchilla on the Western Downs. 🍉 Chinchilla is known for its Melon Festival and…
Key Points 🚗 Volvo partners with Connected Energy to recycle old EV batteries into new energy storage systems (BESS). 🔋 The partnership aims to repurpose EV batteries, which still retain about 80% of their initial energy storage capacities, reducing their carbon footprint. 🔄 Volvo’s ambition is to transition from a linear business model to a…
Key Points 😟 Consumers are hesitant to commit to electric vehicles due to “charging anxiety” rather than range anxiety, according to Ford CEO Jim Farley. 🚗 Secretary of Energy Jennifer Granholm’s 600-mile journey in legacy automaker electric vehicles highlighted issues related to EV charging, including ICE vehicles blocking charging stations. 💰 Price premiums on EVs…