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Brazil
Brazil's Vale plans to invest $2.6 billion in decarbonization initiatives
Brazilian miner Vale plans to invest up to 13 billion reais ($2.56 billion) in decarbonization initiatives to meet its voluntary emissions reduction targets…
Electric Vehicle Charging
Optimus Energy Solutions Acquires South Carolina EV Fast-Charging Network
Optimus Energy Solutions (OES) has acquired and will continue operating a major electric vehicle fast-charging network in South Carolina. Originally developed t…
United States
GM to offer EV owners ability to sell power to US electricity grid
General Motors is releasing a software update that allows some U.S. electric-vehicle owners to pipe power back to the electric grid, another example of …
Australia
Recharge Power partners with Energy Decarb for 292MWh battery storage pipeline in Australia
Recharge Power, a Taiwanese battery energy storage system (BESS) developer and integrator, has partnered with Australian renewable energy developer Energy Decar…
United States
Carbon Direct publishes agricultural biomass sourcing guide
Carbon Direct has released what it describes as one of the first globally applicable frameworks for sourcing agricultural residues as feedstock for carbon dioxi…
Pakistan
Multiple electric, hybrid vehicles expected to launch in Pakistan
Pakistan’s automobile industry is expected to undergo a major transformation in the coming years.The electric and hybrid vehicles are continuing to enter the P…
Italy
Ferrari unveils its first electric vehicle with the Luce, starting at $640,000
Ferrari is entering the electric market with its new car called the Luce.The Luce has four electric engines, all-wheel drive and an advanced drivetrain.Ferrari …
Carbon Capture
JSW Steel, Bharatia and Carbon Iceland Partner to Explore Green Methanol Project in India
In a significant step towards industrial decarbonisation and the development of next generation green fuel infrastructure, JSW Steel Limited, Bharatia and Carbo…
Australia
Fortescue accelerates Real Zero with construction of 690MW solar farm and 650MWh battery energy storage system
Construction has commenced on Fortescue’s 690MW Turner River solar farm in the Pilbara – the final solar installation required to deliver the Compan…
South Korea
Samsung Heavy Industries Secures $744M Order for Three LNG Carriers in Oceania
Samsung Heavy Industries Co. said on May 18 it has secured a 1.12 trillion-won (US$744.4 million) contract to build three liquefied natural gas (LNG) carriers.T…
Canada
Canada plans to double capacity of electricity grid by 2050
Canada on May 14 unveiled a C$1 trillion ($729 billion) strategy to double the capacity of its electricity grid by 2050, citing rapidly increasing power…
Mexico
Grupo Carso Advances Geothermal Plant in Celaya
Grupo Carso emerges as the first private conglomerate in Mexico to pursue large-scale geothermal energy development through its subsidiary Energías Alter…
Switzerland
ABB to invest $200 million in medium-voltage equipment production in Europe
ABB will invest about $200 million to expand production of medium-voltage grid equipment in Europe to meet rising power demand from data centres, electric car…
Canada
Canada greenlights Enbridge gas pipeline expansion
April 24- Canada has approved a C$4 billion ($2.93 billion) expansion of Enbridge's Westcoast natural gas pipeline system in British Columbia, the fir…
Italy
Italy's Ferrari sets price of first electric car at over $640,000
Italian luxury sportscar maker Ferrari has settled on a preliminary price of about 550,000 euros ($647,130.00) for its first fully electric superc…
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