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EVs reach record 2.1% share of used car market

Figures from the Society of Motor Manufacturers and Traders (SMMT) show Q1 sales of used battery electric vehicles (BEVs) increased by 71% to 41,505. Increasing numbers of used battery electric vehicles (BEVs) are entering the used car market, and they are the fastest-growing powertrain, posting a new record market share of 2.1%. Hybrids and

A fully-electric 10,000 ton container ship has begun service equipped with over 50,000 kWh in batteries

Chinese state-owned company COSCO Shipping has launched what it calls the “world’s largest” river-to-sea electric container ship. The Green Water 01 is a 10,000-ton+ fully electric vessel that sets a new benchmark in sustainability in the marine logistics industry. China Ocean Shipping (Group) Company, or COSCO for short, is a state-owned multinational conglomerate headquartered in Shanghai specializing in marine transport.

VAT exemption a ‘critical step’ in domestic battery market growth

The recent VAT exemption for domestic battery storage installations is a ‘critical step’ for the industry and is already having a positive impact, solutions provider GivEnergy said. As of 1 February this year, the UK government removed VAT charges for domestic battery energy storage systems (BESS). Enabling installers to offer competitive prices, the Value Added Tax (Installation

2024 sees record start to year for electric vehicle sales

Over 100,000 battery electric vehicles sold between January and April Sales of electric vehicles have got off to a record start this year, the latest sign that British consumers are shifting their preferences towards greener modes of transport. There were more than 100,000 battery electric vehicles sold between January and April, the earliest in the

Are solar PV panels worth it in the UK? How much do they cost?

Solar PV Panels could save you hundreds on your energy bill every year, but also might cost thousands to install. We explain what you need to think about when working out whether they’ll save you money, how much they’ll cost and whether they’ll help your house sell or not. From hot showers to making

Another hot summer increases the urgency for energy storage

Last year was the hottest on record, according to the EU’s Copernicus Climate Change Service (C3S). Not surprisingly, the summer of 2023 was also the hottest, according to global records dating back to 1880. Forecasts suggest this summer is likely to be just as hot or hotter, which means the urgency for energy storage and demand

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