Mitsubishi Corporation has acquired a 20% stake in UK independent energy supplier Ovo. The Japanese conglomerate will pay £216m. Ovo said it will use the money to expand overseas, primarily Europe, Australia and Japan, and continue its push into electric vehicles, smart charging and vehicle to grid (V2G) services, where vehicles and storage infrastructure are Read more…
Councils and transport firms given £44m for electric buses
Councils and bus companies in England and Wales have been given £44m to pay for low carbon buses and infrastructure. Most are electric, through Brighton and Hove Buses has been awarded £4.4m for 20 hydrogen buses and associated infrastructure. Nottingham City Transport has been awarded £1.13m to pay for biomethane infrastructure. The funding will be Read more…
Grid operators move to cut EV charging point bottlenecks
Electricity network operators aim to reduce the time it takes to connect electric vehicle charging points to the local grid. Industry body the Energy Networks Association (ENA) says its new, standardised process will enable more mass rollouts for all types of business and households, including commercial properties. The streamlined process, which stops installers having to Read more…
Large firms commit to massive EV push: Free report
Some 31 corporates including BT, EDF, Eon, Ikea, Unilever and Vattenfall, have pledged to convert their fleets to electric vehicles by 2030. The firms are signatories to The Climate Group’s EV100 initiative, which, like the RE100 project, hopes to attract at least 100 of the world’s largest companies as partners committed to cutting carbon and Read more…