Market developments
InstaVolt integrates battery storage into UK charging sitesSeveral InstaVolt EV charging locations across the UK have been upgraded with on-site battery energy storage systems to improve reliability and reduce dependence on grid capacity. The batteries store electricity locally and discharge during periods of high demand, enabling consistent high-power charging even where grid connections are constrained. By pairing fast chargers with storage, the approach lowers peak grid loads, reduces operating costs and limits delays linked to grid upgrades. The systems also improve resilience, allowing sites to continue operating during outages or supply constraints. Energy can be stored during off-peak periods, helping manage price volatility and support rapid-charging hubs on busy routes.
Greenlane launches high‑power EV charging corridor across TexasA new EV charging corridor has been launched across Texas, expanding access to high-power public charging for light-, medium- and heavy-duty vehicles. The initial rollout includes multiple DC fast-charging sites positioned along major freight and passenger routes, with layouts designed to accommodate larger vehicles and pull-through access for trucks. The network supports long-distance travel and commercial fleet electrification, minimizing downtime for logistics operators through round-the-clock availability. The Texas corridor forms part of Greenlane’s wider US expansion strategy, backed by transport and energy partners, with further sites and capacity upgrades planned as demand grows.
Infrastructure & policy
European Hydrogen Bank backs nine renewable hydrogen projectsThe 3rd round of the European Hydrogen Bank auction has awarded more than €1bn in combined public support to nine renewable hydrogen projects across the EU. The scheme provides operating subsidies through fixed-price premiums per kilogram of hydrogen produced over 10 years, narrowing the cost gap with fossil-based alternatives. Selected projects were chosen through competitive bidding based on support requirements and sustainability criteria and are expected to supply hydrogen to industry, heavy transport and energy storage applications. With three funding rounds completed, focus is shifting to permitting, grid connections and securing offtake agreements to accelerate construction and operation.
First Bus trials renewable‑aligned charging for electric busesA new trial by First Bus is testing how electric bus charging can be better aligned with periods of high renewable electricity generation. The project focuses on optimizing depot charging schedules and energy-management systems to reduce reliance on grid power at peak times. By matching charging demand with renewable availability, the trial aims to lower carbon intensity, reduce energy costs and ease pressure on local electricity networks without affecting service reliability. Data from the program will inform future energy strategies across First Bus depots nationwide as the operator continues to expand its zero-emission bus fleet.
Oman advances EV manufacturing plans in DuqmOman has signed a $250m agreement with South Korea’s EL-BT to establish an EV manufacturing facility in the Duqm Special Economic Zone. The project supports Oman Vision 2040 by promoting industrial diversification, sustainability and reduced reliance on oil revenues. The planned facility will assemble EVs and components for domestic and regional export markets while encouraging development of local supply chains and supporting infrastructure. Hundreds of skilled jobs and training opportunities are expected. Duqm’s port access and industrial base position it as a hub for export-oriented manufacturing, while the deal provides EL-BT with a strategic entry point into Middle Eastern EV markets.
Deals
Hapag‑Lloyd explores long‑term green methanol supply from LouisianaHapag-Lloyd is in discussions around a potential long-term offtake agreement for green methanol from a proposed $1.4bn production facility in Louisiana. The plant would produce low-carbon methanol using renewable electricity and biogenic carbon, supporting the carrier’s growing fleet of methanol-fueled container ships. While non-binding, the talks would provide access to large-scale US-based fuel supply as vessels enter service later this decade. The move reflects shipping’s increasing reliance on long-term fuel contracts to manage supply risk, support investment decisions and comply with tightening emissions regulations.
Helsing reaches £18bn valuation amid defence‑tech investment surgeGerman defence AI company Helsing has reached a valuation of approximately £18bn following successive funding rounds backed by global venture capital and strategic investors, including parties linked to Daniel Ek. Originally focused on AI software, the company has expanded into advanced defence systems, combining data fusion, AI and hardware manufacturing. Its technology integrates data from sensors, drones and weapons systems to support real-time decision-making, while recent expansion includes autonomous systems manufacturing. Growth reflects rising defence spending across Europe driven by geopolitical tensions and efforts to strengthen domestic technological sovereignty in security and defence capabilities.
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