A Virgin Startup backed renewable energy firm aims to provide energy self-sufficiency to homeowners and cut their electricity bills by up to 80 per cent. Resilience Energy aims to become the “Uber of the electricity industry” by giving customers the hardware, software and contracts they need to produce, store and sell renewable energy, and an app to monitor the system’s performance. Customers ...

Hyundai Motor Group announced Tuesday that it would invest US$6.7 billion in hydrogen fuel-cell electric vehicle (FCEV) production facilities in a bid to seize the first-mover advantage in the sector. The group, which encompasses South Korea’s two biggest carmakers, Hyundai Motor and Kia Motors, plans to create production capacity of 500,000 FCEVs annually through 2030, according to a press release by the c ...

Singapore takes the lead in embracing green energy across ASEAN: report Rising energy consumption and cost pressures continue to hinder the region's sustainability efforts, the report said. Singapore is setting an example across ASEAN as it takes the lead in embracing green energy following its moves to transform itself into a trading hub for LNGs, according to Capgemini’s 2018 World Energy Markets Observat ...

Chinese Ceremony Launches New Blower for Tier III Compliance; First Order Already Won ETB (Electrical Turbo Blower) raises exhaust-gas pressure to overcome the pressure difference between exhaust gas and scavenging air receiver by actively controlling the exhaust gas flow; strategic step to bring development in-house; design focuses on cost-optimisation and compactness MAN Energy Solutions has launched its ...

The Asia region is set to match North America and Europe in the area of blockchain-based energy trading with the expanding market interest in a number of innovative projects involving distributed ledger technology (DLT). From Singapore to Japan, the markets are embracing blockchain-based energy trading opportunities. Early global energy blockchain leaders, including Australia's power ledger and LO3 Energy o ...

A Thai-based renewable energy technology company, Energy Absolute, plans to invest $3 billion in a battery 'gigafactory', hedging on Southeast Asia’s uptake of electric vehicles and smart grids. The factory's development plan is divided into two phases. The first features a plant with a production capacity of 1GWh, which is slated to open in Q3 of 2019. Energy Absolute is expected to finance an investment o ...

Solutions such as ride-hailing services, data-driven transit planning, intelligent traffic systems, data-driven disaster risk assessments and smart energy meters, could save lives, add jobs, reduce living costs and curb emissions in cities across Southeast Asia, according to a recent study by McKinsey Global Institute, the research arm of the global consulting firm. In the study's findings, released earlier ...

The new owners of Origin Energy’s smart meter business have won the backing of the federal government’s Clean Energy Finance Corporation, in the green bank’s first financing of what will be a key technology in an increasingly distributed solar and storage-based energy market. The CEFC said on Tuesday it had committed $35 million of debt finance to the expansion of intelliHUB – a joint venture between Pacifi ...

Upside Energy wins prestigious Ashden Award for its Virtual Energy Store™ Solution reduces reliance on fossil power and facilitates greater deployment of renewables June 15th 2018 - Upside Energy has won the 2018 Impax Ashden Award for Energy Innovation for its ground-breaking approach to balancing the grid. Its Virtual Energy Store™ shifts electricity use in line with demand by aggregating fl ...

Highview Power launches world’s first grid-scale liquid air energy storage plant True long-duration energy storage addresses challenges of rising energy demand and balancing the grid The world’s first grid-scale liquid air energy storage (LAES) plant will be officially launched today. The 5MW/15MWh LAES plant, located at Bury, near Manchester will become the first operational demonstration of LAES technolog ...