News
Volkswagen Sustainability Strategy Targets Net-Zero by 2050 with 90% Emissions Reduction, 100% Renewable Electricity and 40% Circular Materials Usage
5+ hour, 16+ min ago (550+ words) The company aims to achieve net carbon neutrality by 2050 while accelerating decarbonization across its operations and value chain. Volkswagen has established an interim target to reduce the carbon footprint per customer-kilometer traveled by its passenger cars and light commercial vehicles…...
Telefonica Boosts Net-Zero Strategy with 93% Renewable Electricity, "2. 4 bn Green Revenue and 48. 6% Emissions Cut
5+ hour, 26+ min ago (463+ words) Renewable energy remains a cornerstone of Telefonica's Climate Action Plan. In 2025, 93 percent of the electricity consumed across Telefonica's own facilities came from renewable sources, compared with 92 percent in 2024, Telefonica Sustainability Report 2025 indicated. Renewable energy initiatives also contributed significantly to emissions…...
Japan's EV Investments Could Cut Oil Imports, Boost Energy Security and Create Growth Opportunities
1+ week, 3+ day ago (291+ words) Japan's dependence on imported crude remains substantial, with approximately 94 percent of crude oil imports sourced from the Middle East. This reliance exposes the country to geopolitical tensions, shipping disruptions, and oil price fluctuations. In 2025 alone, Japan spent more than JPY9 trillion…...
Hitachi Sustainability Report 2025: $16 bn Energy Technology Leader Accelerates Net-Zero, Renewable Energy and Digital Transformation
1+ week, 3+ day ago (391+ words) Hitachi Energy reported a 75 percent reduction in Scope 1 and Scope 2 greenhouse gas emissions compared with its 2019 baseline, cutting emissions from 365. 2 kilotons to 91. 9 kilotons. The company also achieved a 32 percent reduction in Scope 3 emissions intensity and a 78 percent reduction in SF6 emissions,…...
Australia's Rental Energy Upgrades Could Save Tenants AU$107 bn by 2050: IEEFA
1+ week, 4+ day ago (436+ words) Greentech Lead Australia's Rental Energy Upgrades Could Save Tenants AU$107 bn by 2050: IEEFA Australia could unlock nearly AU$107 billion in cumulative energy bill savings for renters by 2050 if governments introduce stronger minimum energy efficiency standards for rental properties, according to…...
Scania Invests "70 mn in France to Expand Electric Truck Production Capacity
1+ week, 6+ day ago (363+ words) Scania has announced a "70 million investment in its production facility in Angers, France, as part of its strategy to accelerate the transition to electric trucks and support Europe's sustainable transport goals. The investment will fund the expansion of the Angers…...
U. S. Renewable Energy Generation Surges 11% in Q1 2026 as Solar, Wind and Battery Capacity Expansion Accelerates
2+ week, 5+ day ago (961+ words) Renewable energy sources strengthened their position in the U. S. power sector during the first quarter of 2026, with electricity generation from renewables rising 11. 1 percent year-on-year, according to new data from the U. S. Energy Information Administration (EIA). Renewable energy accounted for more than 28. 6 percent…...
Global EV Charging Infrastructure Expands Rapidly as Ultra-Fast Chargers and Investments Surge
3+ week, 4+ day ago (576+ words) The global electric vehicle (EV) charging infrastructure market is witnessing unprecedented expansion as rising EV adoption drives massive investments in public charging networks, ultra-fast charging systems, and smart grid technologies, according to the International Energy Agency's Global EV Outlook 2026. The…...
Global EV Sales to Hit 23 mn in 2026 as China Dominates Electric Vehicle Boom, Says IEA
3+ week, 4+ day ago (829+ words) Global electric vehicle (EV) sales are set to maintain strong momentum in 2026 despite geopolitical tensions and energy market disruptions, with worldwide electric car sales projected to reach 23 million units and account for nearly 30 percent of all new car sales globally,…...
Scania Wins Sweden's Largest Electric Bus Deal as VR Orders 91 Battery-Electric Buses for Sodertalje
3+ week, 6+ day ago (348+ words) Scania and VR Group have signed one of Sweden's largest battery-electric bus agreements, with VR Sweden ordering 91 electric buses for operations in Sodertalje and Nykvarn. The large-scale electrification project will begin commercial service in June 2027, supporting Sweden's transition toward fossil-free…...