Nominations for the inaugural Electric Vehicle Innovation and Excellence Awards (EVIEs) are now open, and Current± is profiling each of this year’s categories. Amongst the categories this year is the Transaction of the Year, aimed at recognising the increasing M&A and financing of charging infrastructure taking place in the sector.
EDF is to acquire battery storage and EV charging infrastructure firm Pivot Power in a bid to bolster its position in both markets.
International utility Iberdrola has posted a 20% surge in net profit for the first nine months of 2019, which the company has squared with its “record” investment into renewables and networks.
The government is pursuing a “balanced approach” to net zero, energy and clean growth minister Kwasi Kwarteng has said, with Westminster keen to avoid picking winners at this early stage.
OVO Group revenues topped £1 billion for the first time in 2018, but the energy firm slipped to a loss for the year as its customer base grew.
The Faraday Grid collapsed owing almost £6 million to electronics manufacturing giant Foxconn, as well as hundreds of thousands of pounds to PR agencies, IT vendors, travel agents and software companies.
A host of new categories have been added to next year’s Electric Vehicles Innovation & Excellence (EVIEs) Awards, designed to celebrate stellar achievements within the electric vehicle ecosystem.
The assets of defunct energy technology company The Faraday Grid are set to be acquired by Third Equation, an entity founded by ex-Faraday Grid chief executive Andrew Scobie, Current± understands.
Engineering giant Siemens has announced a major partnership with nearly 100 mayors and council leaders in a bid to realise a pipeline of clean energy projects worth more than £100 billion.