Heramba Electric plc (NASDAQ: PITA), a leading technology firm dedicated to the decarbonization of public and commercial transportation, has secured a major contract worth $26 million. This agreement involves its wholly-owned subsidiary, Kiepe Electric, and marks a significant enhancement to King County Metro’s electric trolley bus fleet in Seattle, Washington. Transforming Urban Transportation with Cutting-Edge […]
In a significant move to bolster carbon capture technology, Canada Growth Fund Inc. (CGF) has announced a commitment of up to US$100 million to Svante Technologies Inc., a prominent provider of carbon capture and removal solutions headquartered in Vancouver, Canada. This substantial investment aims to accelerate the development and construction of Svante’s commercial carbon capture […]
Bloom Energy Inc. (NYSE: BE), a renowned leader in the field of clean energy solutions, has been awarded up to $75 million in tax credits by the U.S. Department of Energy, Department of Treasury, and the Internal Revenue Service. This significant financial incentive comes under the Qualifying Advanced Energy Project 48C initiative, aiming to bolster […]
Fortescue has officially inaugurated its cutting-edge electrolyser manufacturing facility in Gladstone, Queensland, Australia, marking a significant milestone in the global green energy sector. This facility, one of the first in the world equipped with an automated assembly line, spans 15,000 square meters and is poised to produce over 2 gigawatts (GW) of Proton Exchange Membrane […]
In an ambitious move to advance the semiconductor technology pivotal for green industries, including electric vehicles and renewable energy systems, a £16.6 million investment has been unveiled today. Spearheaded by Innovate UK, this significant financial infusion is set to provide semiconductor researchers and businesses across the UK with access to cutting-edge equipment essential for testing […]
Southwest Airlines Co. (NYSE: LUV) has taken a significant leap towards sustainability by announcing the acquisition of SAFFiRE Renewables, LLC (SAFFiRE), furthering the endeavors of its wholly owned subsidiary Southwest Airlines Renewable Ventures, LLC (SARV). SARV’s mission is to facilitate Southwest Airlines in acquiring scalable sustainable aviation fuel (SAF) solutions, marking a pivotal move in […]
In a significant development that marks its foray into the metal industry, Kutch Copper, a subsidiary of Adani Enterprises Limited, has commissioned the first unit of its greenfield copper refinery project at Mundra, dispatching the maiden batch of cathodes to customers. This initiative signifies the Adani Portfolio’s entry into the metal sector, demonstrating the conglomerate’s […]
Nikola Corporation (Nasdaq: NKLA), at the forefront of zero-emissions transportation and energy supply, celebrated the opening of its pioneering HYLA high-pressure modular refueling station in Southern California. This inaugural event signifies a major step in Nikola’s journey towards sustainable transportation solutions, drawing attention from fleet customers, dealers, government officials, and industry stakeholders. The Ontario-based HYLA […]
In a significant step towards environmental sustainability, L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D services company, has joined forces with AT&T, a top telecommunications giant, to address global emissions. This partnership focuses on harnessing the combined expertise and resources of both entities to develop solutions that aim […]
Hindalco Industries, the world’s largest aluminium rolling and recycling company, is making a monumental stride in serving the burgeoning electric vehicle (EV) and energy storage markets. The company has announced an Rs.800 crore investment to construct a new plant near Sambalpur in Odisha. This facility is set to produce 25,000 tonnes of high-quality aluminium foil, […]