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Brasov orders 25 Solaris Trollino 18 articulated trolleybuses

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Solaris will supply the articulated, low-floor and zero-emission trolleybuses to the customer within 12 months. In July 2020, Solaris completed deliveries under an earlier order for 26 vehicles of this type. The main purpose of the project co-financed by the EU is to reduce pollutant emissions in the centre of the city.

Romania 262
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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Energy investment is set to fall by one-fifth in 2020 due to the COVID-19 pandemic. At the start of 2020, global energy investment was on track for growth of around 2%, which would have been the largest annual rise in spending in six years. Global investment in oil and gas is expected to fall by almost one-third in 2020.

Global 344
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DOE releases draft energy storage grand challenge roadmap and requests stakeholder input

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Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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CPV, GE, DGC secure largest US thermal power project financing in 2011 for 800 MW gas-fired power plant; 23 banks to provide nearly $800M in credit facilities

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(CPV); GE Energy Financial Services; and Diamond Generating Corporation (DGC), a wholly-owned subsidiary of Mitsubishi Corporation, co-owners of the planned $900-million CPV Sentinel power plant, have closed the largest project financing in the US thermal power industry this year for the facility to be built in Riverside County, Calif.

Financing 199
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Zero Carbon Lithium company Vulcan acquires geothermal plant; brine offtake agreement with geox

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million for the financial year ending 31 December 2020. German State and Federal policy increasingly supports decarbonizing heating and power grids, with a focus on decentralized, renewable energy, and Vulcan intends to build a number of distributed geothermal renewable energy plants across the Upper Rhine Valley region. Brine offtake.

Carbon 243
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

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PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. This raw material dominance, along with China’s relative labor cost advantage, has resulted in an emerging extended supply chain in motor technology and production. Click to enlarge. Integrated Charging Solutions.

China 199