The Italian energy business plans to spend €70 billion on clean energy this decade and also announced plans to invest in e-mobility and grid flexibility, in concert with outside investors.
The market last month saw a sharp rebound in the sales of traditional, internal combustion engine vehicles as Covid-19 restrictions continued to ease. Analysts have predicted a similar rebound in Europe as the continent emerges from the public health crisis.
British manufacturer Oxis Energy has announced plans to help Brazil to an all-electric bus fleet by 2045.
English partners appear to be in demand with a London-based vanadium flow supplier tying up with a U.S. partner just as an automotive design company in Coventry announces plans for electric and hydrogen vehicle production in the West Midlands.
Where seasonal storage is paramount, hydrogen comes into play. Under-the-radar solar market Sweden has presented its hydrogen projects and technological solutions to overcome the country’s natural solar barriers.
An energy conference in West Bengal heard of a proposed 800 MW solar project in the state on top of a 900 MW scheme being carried out with Japan. But the chairman of power giant NTPC said artificial intelligence and digitization should be used to extend coal burning for decades.
All-electric buses will cost the same as diesel options by 2030 – and possibly earlier – according to research into the global EV market.
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
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