GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) to companies established by Development Bank […]
Volvo, Northvolt Team Up For Electric Battery Factory
Europe has been ramping up efforts to become more autonomous in the battery sector, though it is still very dependent on production from Asia. Stockholm: Volvo and Sweden’s Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies said […]
Lightsource Bp to Invest $566 Mln in Spanish Solar Projects
MADRID : Lightsource bp will invest 475 million euros ($566 million) in power projects it is buying in northern Spain, the solar developer half-owned by energy giant BP (BP.L) said on Friday. The deal to buy projects that will be able to generate 703 megawatts (MW) of power from local food and energy firm Grupo […]
Kia to Expand Sales of Electric Vehicles in Europe With Uber
The cooperation between those two companies is to supply electric cars with less noise and no-carbon emission for creating a comfortable urban environment. Kia will work together with share transport network company Uber, and speed up to sell electric vehicles in Europe. Kia and Uber have signed a partnership that offers purchase benefits for Kia’s […]
Societe Generale to Expand Into Sustainable Finance in India
Societe Generale to Expand Into Sustainable Finance in India. Societe Generale SA plans to move into sustainable energy, transaction banking and trade finance in India, providing funding for local companies developing their businesses in Africa and central Europe…Read More…
Only Volkswagen, Volvo Doing Enough to Electrify in Europe: Study
Sales of battery electric vehicles and plug-in hybrids almost tripled last year, boosted by tighter emission standards and government subsidies. Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle line-ups in Europe and the EU needs to set tougher CO2 emission limits if it wants to meet Green Deal targets, […]
Volkswagen invests $620 million in Northvolt to secure battery supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen’s stake stable at around 20% and follows an initial 900 million euro investment in 2019. Volkswagen said on Wednesday it was investing a further $620 million in Swedish battery maker Northvolt, in a bid to secure […]
Ford To Focus On Electric Vehicles And Reducing Battery Costs
The manufacturer estimates that EVs will account for 40 percent of its global volume by 2030. Ford shares its new Ford+ plan during the brand’s Capital Markets Day event.Future strategies focus on a new business face for commercial buyers, a growing EV lineup and connected services.New scalable EV architecture in the works to support upcoming […]
Electric-Vehicle Charging Company to Power Up New HQ in Buckhead
Netherlands-based Heliox, a company that makes fast-charging devices for electric vehicles, expects to open its new campus this month at 165 Ottley Drive in Buckhead’s Armour neighborhood. The headquarters will include offices and a research and development division, expected to create 70 jobs total in the next year, according to a Georgia Department of Economic […]
Fastned and Tesla Tie Up to Establish EV Charging Superhub in England
This superhub by Tesla and Fastned is expected to be ready by the end of 2021. It will Europe’s most powerful electric vehicle charging hub with 10 megawatts and will be located on the ring road around Oxford. Dutch charging infrastructure company Fastned has teamed up with Tesla to build electric vehicle (EV) charging stations […]