Empowering the Green Transition - Week 36/2024

Empowering the Green Transition - Week 36/2024

Hello to week 36!? In this week’s update, major strides are being made in renewable energy and electromobility. The Biden-Harris administration has approved its 10th offshore wind project, accelerating U.S. clean energy progress. BYD has surpassed 1 million EV sales for 2024, continuing its dominance in the electric vehicle market. Meanwhile, the UK's latest renewable auction faces setbacks in offshore wind but sees growth in tidal power. Lastly, BMW UK is pioneering innovation by launching the country’s first bladeless wind system. Stay tuned for more industry developments! ???????? Enjoy the read! ?


Biden-Harris administration approves tenth offshore wind project, driving clean energy milestones

The Biden-Harris administration has approved its tenth commercial offshore wind project, advancing its goal of achieving 30 gigawatts of offshore wind capacity by 2030. The newly approved Maryland Offshore Wind Project will generate over 2 gigawatts of clean energy, powering over 718,000 homes. This initiative marks a critical step in reducing carbon emissions and creating thousands of green jobs across the U.S.?


BYD reached 1 million EV sales in 2024 after a record August

BYD has surpassed 1 million electric vehicle (EV) sales in 2024, fueled by a record-breaking August where the company sold 145,627 EVs. This achievement comes as BYD continues to lead the global EV market, driven by strong domestic and international demand, along with innovative technologies. With continued growth in plug-in hybrids and all-electric vehicles, BYD is solidifying its position as a top player in the global transition to electric mobility.


RE+ 2024 is approaching - join Codibly to explore the future of renewable energy!

Join Codibly next week at RE+ 2024 in Anaheim, California, from September 9-12, to explore our latest advancements in renewable energy technology. Discover how our innovative software solutions and expertise can propel your business in the clean energy transition. Meet our team—Bartosz Majewski, Piotr Beling, Spencer Borison, Marek Sitek, and Micha? Juszczak—and explore potential collaboration opportunities. We look forward to connecting with you and shaping the future of sustainable energy together!


Source: The Guardian / Rob Arnold, Alamy

Renewable auction secures power for 11 million UK homes

In a recent renewable energy auction, the UK government faced challenges as no new offshore wind projects were bid, citing rising costs and supply chain issues. However, the auction saw significant interest in tidal power, marking a potential shift towards alternative green energy sources. Despite the wind farm setback, the UK remains focused on achieving its ambitious climate goals.


Source: interestingengineering.com / BMW

BMW UK launches first bladeless wind system

BMW UK has introduced the country's first bladeless wind turbine system to power its operations with sustainable energy. The innovative design eliminates the traditional rotating blades, making it safer for wildlife and quieter, while still efficiently harnessing wind energy. This marks a significant step toward reducing the carbon footprint of automotive manufacturing.


Source: Techcrunch / Reonic

Reonic secures €13 million to empower small installers of green tech

Reonic, a German startup, has raised €13 million to support smaller installers of green technology, such as heat pumps and solar panels, aiming to simplify the transition to clean energy. By offering logistics, digital tools, and financing, Reonic helps these small businesses scale and compete in an increasingly critical market. The company seeks to address logistical bottlenecks in Europe’s energy transition, with a focus on decentralizing renewable energy adoption.?


Source: Electrek

China's NIO hits record EV deliveries in Q2 2024

In Q2 2024, Chinese automaker NIO exceeded Wall Street expectations by delivering a record-breaking 57,373 premium electric vehicles. This growth represents a 143.9% increase from Q2 2023, highlighting NIO's expanding market share, especially in China’s high-end EV segment. NIO's success is fueled by innovative technologies like battery swapping and solid-state batteries, helping it achieve over 50 million battery swaps globally.


Source: ETN News

Global EV battery installations see steady growth in 2024

Between January and July 2024, global electric vehicle battery installations showed robust growth, driven by increased EV adoption and advances in battery technologies. The report highlights that China remains the leader in battery deployment, followed by Europe and North America. This growth is aligned with the rising demand for cleaner transportation options and a shift toward renewable energy sources.


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