Hydrogen plane startup ZeroAvia receives backing from Amazon.com Inc and Royal Dutch Shell

On Wednesday, hydrogen plane startup ZeroAvia stated it had secured $21.4 million in a funding round led by Bill Gates’ Breakthrough Energy Ventures to develop zero-emission commercial aircraft. The startup’s prototype hydrogen powered propeller plane has already completed 10 test flights. Its backers includes Amazon and energy giant Royal Dutch Shell. Hydrogen, which produces water…

China’s electric vehicle policy will make it global automotive powerhouse

With Beijing’s policymakers and regulators intent on transitioning from fossil fuel powered vehicles to more electric vehicles, China is set to become the automotive powerhouses in the world. In a development aimed at accelerating the adoption of electric vehicles, automakers from across the globe are planning a $300 billion surge in their spending on electric…

BP looking to meaningfully participate in renewable energy sources

Although the company is continuing with its investments in shale oil in countries, including Argentina, faced with rising consumer demand for EVs, BP is weighing its options to see how it can meaningful participate and survive in this changing market. London-based BP is holding partnering talks with electric vehicle manufacturers to offer battery re-charging docks…

China – the biggest producer of solar energy in the world

Despite the bragging rights, its 77.42 gigawatts of solar energy is just a drop of water in its bucket of energy requirements and represents just 1% of the country’s total energy demands. China has made giant strides in implementing clean energy and is slowly weaning off its economy from lustre of cheap coal power. According…