News

CATL and Indonesian Companies to Jointly Invest Nearly US$6 Billion in an Integrated Manufacturing Project for EV Batteries

published: 2022-04-22 9:30
On April 14, major Chinese battery manufacturer CATL announced that Ningbo Contemporary Brunp Lygend Co. Ltd. (CBL) signed a cooperative framework agreement with Indonesian companies PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI).Together, they will jointly develop an integrated manufacturing project for EV batteries. ...  more

Statkraft to Provide OPTERRA with 300GWh of Renewable Electricity Under Their Second PPA

published: 2022-04-22 9:30
Norwegian renewable energy producer Statkraft announced on April 20 that it has secured a new PPA with German cement producer OPTERRA. Under this latest agreement, Statkraft will provide OPTERRA with 300GWh of electricity generated by wind farms and PV power plants from 2022 to 2032. This deal is similar to an earlier one that the two companies struck in December last year. Under that agreement, Statkraft will provide OPTERRA 120GWh of electricity generated by four onshore wind farms from 2022 to 2025. ...  more

Bulgaria Plans to Add 4.9GW of Renewables by 2031

published: 2022-04-21 9:30
The Electricity System Operator (ESO) of Bulgaria has drafted a plan to add 5.9GW of generation capacity by 2031. Of that amount, 4.9GW will be based on renewable sources of energy. This story was first reported by local news outlets and other renewable energy news websites in late March. ...  more

BMW: Tesla’s Reign is Over

published: 2022-04-21 9:30
BMW attained remarkable EV sales during the first quarter of 2022, which also prompted the sales executive of the US region to believe that the reign of Tesla is now over as BMW is catching up expeditiously. ...  more