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Chinese automaker BYD, which has rapidly surpassed Volkswagen and Tesla in its domestic market, has announced its decision to build a factory in Hungary as part of its commercial expansion into Europe. The chosen site is located in Szeged, a city of 160,000 inhabitants in the south of Hungary, near the border with Romania and Serbia.

The installed capacity of large-scale battery storage could increase by a factor of 40 by 2030, according to a study by the consulting firm Frontier Economics.

With a technology based on gravity and concrete, Energy Vault aims to store renewable energy more efficiently.

The installations of green energy infrastructures increased by half globally last year. This trend is expected to continue in the next five years, particularly for photovoltaics. Green energy is increasingly favored.

A solar park - an example of renewable energy and environmental protection

The French hydropower park is the second-largest in Europe and a significant asset for the country's energy transition. However, current regulatory uncertainty prevents operators from fully exploiting the potential of the dams.

In a significant policy shift, the French government has, for the first time, acknowledged the possibility of importing decarbonized hydrogen. This marks a departure from its previous emphasis on domestic production through electrolysis capacity deployment.

S. W. Designed in the 1970s to absorb excess nuclear production, the Coo pumped energy transfer station takes advantage of market volatility to operate increasingly powerful turbines.

Maersk Launches First Methanol-Powered Ship in Pursuit of Carbon Neutrality

EDP Renewables has entered into its first PPA (Power Purchase Agreement) in Germany. As announced by the company on Thursday, the power purchase contract was concluded with Lhyfe via Kronos Solar EDPR.

By 2026, the industrial company should commission a 200-megawatt electrolyzer near Le Havre for decarbonizing the Normandy industrial basin. Air Liquide aims to scale up its hydrogen production and reach a capacity of 3 gigawatts by 2030.

With the end of the eco-bonus, the electric car market is expected to decline by 50,000 to 100,000 units in Germany this year. German motorists remain hesitant towards electric cars, which they perceive as too expensive and not very practical.