article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
article thumbnail

HummingbirdEV tech powers Keshi Group electric mining vehicles in China – Charged EVs

Baua Electric

US-based vehicle electrification system supplier HummingbirdEV has provided 393 electric mining vehicles powered by its EV technologies under a licensing agreement with Keshi Group, a China-based manufacturer of coal mining vehicles and equipment. They are now in operation in Chinese mines.

China 52
article thumbnail

In a ‘monumental shift’, EU coal and gas collapse as wind and solar ascend

Baua Electric

Photo: Hornsea Project Europe’s coal electricity generation tanked by 26% and gas by 15% in 2023, according to a new report from energy think tank Ember. That collapse resulted in an impressive 19% reduction in the EU’s power sector emissions. Wind and solar power are now taking center stage. compared to 2022. The takeaway?

Coal 52
article thumbnail

DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

Green Car Congress

San Juan River-Raton-Black Mesa Basin (Arizona, Colorado and New Mexico): New Mexico Institute of Mining and Technology plans to determine the rare earth elements and critical minerals resource potential in coal and related stratigraphic units in the San Juan and Raton basins in New Mexico. DOE Funding: $1,499,997. DOE Funding: $1,483,787.

article thumbnail

Tesla suppliers halt production as China faces power issues

Teslarati

A number of key Tesla suppliers from China are temporarily halting their production as the country deals with an ongoing power crunch. The Foxconn affiliate, however, highlighted that it intends to meet its customers’ demands despite the country’s power crunch. . Don’t hesitate to contact us with news tips.

China 138
article thumbnail

ARPA-E awards $42M to 12 projects for advanced EV batteries; EVs4ALL program

Green Car Congress

The US Department of Energy (DOE) will award $42 million to 12 projects to strengthen the domestic supply chain for advanced batteries that power electric vehicles (EVs). Solid Power Operating will develop a 3D-structured Li metal anode and novel sulfur (S) composite cathode to enable high-energy and fast-charging EV battery cells.

Li-ion 256
article thumbnail

DOE Selects 8 Projects to Advance Technologies for the Co-Production of Power and Hydrogen, Fuels or Chemicals from Coal-Biomass Feedstocks

Green Car Congress

The US Department of Energy (DOE) has selected 8 research projects for funding that will focus on gasification of coal/biomass to produce synthetic gas (syngas) as a pathway to producing power, hydrogen, fuel or chemicals. will blend coal and biomass to develop a feedstock for co-gasification. Clean Coal Briquette Inc.

Coal 218