Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, announces that it has received further commitments for financial and liquidity support from its two major shareholders. Volvo Cars is providing USD 800mn principal amount 18-month term loan, with an equity conversion option for Volvo...
Geely Holding Group, Geely Automobile Holdings Limited and Renault Group have signed a non-binding framework agreement aimed at creating a new world leader to develop, produce and supply the best energy-efficient hybrid and thermal powertrains. With this framework agreement, Geely and Renault Group will each hold...
DP World Chairman and Group CEO, Sultan Ahmed Bin Sulayem announced the company intends to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The announcement was made as Bin Sulayem addressed delegates at...
Equinor has signed a strategic collaboration with Hitachi Energy, to collaborate within electrification, renewable power generation and low-carbon initiatives worldwide. The agreement underlines both companies’ commitment to accelerate the energy transition and advance a more sustainable, flexible and secure energy system.It builds on the two companies’...
TotalEnergies is changing its electricity sales tariffs to residential customers, to enable them to save more by reducing and shifting their consumption. This development is available in two new devices: 1. The Conso Bonus rewards customers who reduce their consumption TotalEnergies is launching the Conso Bonus to reward...
Serentica seeks to enable the energy transition for energy-intensive, hard-to-abate industrial sectors by providing complex clean energy solutions Transaction is among the largest industrial decarbonization investments in India to date NEW DELHI--...
Companies will address technology challenges and train talent to apply Web3 to solve social issues TOKYO--(BUSINESS WIRE)--NTT DOCOMO and Accenture (NYSE: ACN) are collaborating to accelerate the adoption and application of Web3 for addressing social ...
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today announced the pricing of the previously announced underwritten public offering (the “Offering”) by an affiliate of Eldridge Industries LLC (the “Selling Stoc...
PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its third quarter 2022 financial results. Third Quarter 2022 Highlights Selected to r...
HOUSTON & TOKYO--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and JERA are collaborating on multiple lower carbon opportunities – including production; carbon capture, utilization, and storage; and new te...
HOUSTON--(BUSINESS WIRE)--Aris Water Solutions, Inc. (NYSE: ARIS) (“Aris,” “Aris Water,” or the “Company”) announced today that it has entered into a strategic agreement (the “Agreement”) with Chevron U.S.A. Inc. (“Chevron”) and ConocoPhillips Company ...
OAKLAND, Calif.--(BUSINESS WIRE)--As rain and snow move into California, emergency crews across the Pacific Gas & Electric Company (PG&E) service area are ready to safely respond to possible storm-related outages. Stormy weather that entered t...