Magnetic materials are key to producing electric vehicles. Many of the electric vehicles on the market use kilograms of magnetic materials to drive their electric motors. In fact, over 80% of electric cars sold globally utilized permanent magnet-based motors in 2019. These magnets are typically made with rare-earth materials such…...

The 500MW Wambo Wind Farm project has secured planning approval from the Queensland state government. The project, located in south-west Queensland, 20km north-east of Jandowae, will comprise up to 110 wind turbines and a 50MW/200MWh battery storage and associated infrastructure. The project is being jointly developed by Cubico Sustainable Investments…

Electricity generators across the South East and East of England are being urged to claim thousands of pounds in grants to help boost local energy output – before the next funding window closes on 10 November. Funding is on offer to electricity generators that were connected before February 2018 to…

RES has agreed 10-year extensions to five UK asset management contracts with Aviva Investors. Aviva Investors, the global asset management business of Aviva plc, has agreed to extend its partnership with RES, the world’s largest independent renewable energy company, for five wind farms across the UK, all of which are…

Operators of renewable energy schemes are at risk of significant financial losses due to being underinsured, warned an insurance specialist. In recent years, the renewable energy sector has grown at an exponential rate, thanks largely to technological advancements, governmental incentives and increased affordability. With PM Boris Johnson recently announcing that…

Azelio has signed a Memorandum of Understanding (MoU) with Morocco based JET ENERGY to explore energy storage projects with Azelio’s TES.POD in Francophone Africa. The collaboration targets approximately 45 MW capacity of the TES.POD until 2025, with JET ENERGY as project developer. In addition to this MoU, the parties anticipate…

The Electric Nation Vehicle to Grid (V2G) trial, a project of Western Power Distribution (WPD) and CrowdCharge that will demonstrate how electric vehicles (EVs) can provide V2G services, has announced Flexitricity as its first energy partner. Flexitricity aggregates lots of distributed power generators as well as sites which consume power, in order to…

The electric vehicles market across land, sea and air will be 24 million unit sales this year, which represents a decline of roughly 19% year on year from the impact of COVID-19. Urban vehicles such as electric cars and two-wheelers have the highest unit volume, battery demand and motor demand,…...

The Board is pleased to announce that the placing of New Ordinary Shares pursuant to the Company’s existing Share Issuance Programme (the “Placing”) announced on 13 October 2020 has received a strong level of support from investors and has been significantly oversubscribed. Taking into account the strength of the Company’s near-term…

First orders have been taken for Airborne Wind Energy AWE by tethered kite or drone. AWE flies higher than a wind turbine – up where winds are stronger and more continuous – stronger still at night to offset dead solar. KiteNRG of Italy is developing its AWE to 500kW and…...