Ford unveils its 2022 F-150 Lightning electric pickup truck


On Tuesday, at Ford’s Rouge Electric Vehicle Center, he spoke in favor of increased investment in electric vehicles and charging infrastructure—while standing in front of the truck. The most popular vehicle line in the U.S. now includes a battery-electric pickup truck.

Biden seeks more money for DOI in 2022 budget to combat climate change, build renewables

Renewable Energy World

Last week, the Biden-Harris administration submitted to congress the budget for fiscal year 2022. The Department of the Interior’s (DOI’s) 2022 budget proposal totals $17.6 The 2022 budget proposal includes more than $1.9 In addition, the 2022 budget proposal includes $4.2


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Enel Reveals Plan to Add 1GW of Batteries to US Renewables Fleet by 2022


energy storage ambitions on Tuesday, saying it will add 1 gigawatts of storage capacity to its renewables fleet by 2022. gigawatts of renewable power capacity globally by 2022 through its Enel Green Power arm, along with 300 megawatts of energy storage from its Enel X unit.

Enel to Build 14GW of Renewables by 2022 as Decarbonization Race Heats Up


European utility giant Enel has committed half of its total investment over the next few years to decarbonization, part of a new strategic plan revealed on Tuesday. Between 2020 and 2022, the Italian group will invest €11.5 billion in 2022.

World’s first dedicated clean hydrogen investment fund launches

Envirotec Magazine

We believe it creates the right investment platform to support existing and future hydrogen initiatives.”. This fund is said to be the first stage of FiveT Hydrogen’s broader ambition to establish an investment platform focused on accelerating the hydrogen economy.

2020 New Investment Spotlight: Renewance

Clean Energy Trust

We’ve made investments in several battery innovators and have witnessed amazing things come out of our portfolio. battery investing venture-capital energy cleantechBatteries have become ubiquitous in our daily lives.

BMW and Ford invest in solid-state battery startup Solid Power


Solid Power, a producer of solid-state EV batteries, has announced a $130-million Series B investment round led by the BMW Group, Ford and Volta Energy Technologies. Solid Power plans to begin producing automotive-scale batteries on the company’s pilot production line in early 2022.”.

2020 was a record-setting year for global offshore wind investment

Renewable Energy World

Global financial investment for offshore wind capacity set records in 2020, according to new research released last month. Global investment for offshore wind also set new highs last year as investment reached USD 30 billion, surpassing the previous high of USD 22 billion set in 2018.

C&I Solar Investment Holds Up as COVID-19 Hits Africa


Investment in commercial and industrial (C&I) solar seems to be holding up in Africa as the COVID-19 pandemic dents investor confidence across the continent, insiders have said. Arch is focusing more on off-grid and C&I investments during the pandemic, he added.

Africa 130

Madison Gas and Electric seeks approval to invest in solar and storage

Renewable Energy World

If approved, construction is expected to begin in 2022, and the solar park is expected to begin serving customers in 2023. ” The post Madison Gas and Electric seeks approval to invest in solar and storage appeared first on Renewable Energy World.

Budget 2021: Investing in clean industry is the right call

Clean Energy Canada

Even the International Energy Agency has concluded that, to keep global warming to less than 2 C, oil supply will need to peak in 2022 and gas in 2025 before declining indefinitely. The post Budget 2021: Investing in clean industry is the right call appeared first on Clean Energy Canada.

GM teases future electric Chevy crossover and pickup, invests more in EVs


They sat silently next to the 2022 GMC Hummer EV revealed a few weeks ago, a vehicle whose audaciousness is meant to reset the image of EVs among U.S. GM will pull forward the launch date for its 2023 Cadillac Lyriq, she said, from the end of 2022 to the first quarter of that year.

Hannon Armstrong and Clearway Link $950M Solar, Wind and Storage Investment


are jointly investing about $950 million in a nearly 2 gigawatt portfolio of existing and new wind, solar and energy storage projects, capping off a year of record-setting U.S. Hannon Armstrong’s shared investment with Clearway Energy Inc.,

Total and Macquarie Invest in 2.3GW Portfolio of Floating Wind Projects in South Korea


French oil major Total and Macquarie’s Green Investment Group (GIG) announced plans on Tuesday to develop a 2.3-gigawatt portfolio of floating offshore wind projects in South Korea. GIG has invested in 16 offshore wind projects with a capacity of 5.5

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Xcel Targets $1.4B in Wind and Solar Investments, Outlines Broader Carbon-Reduction Goals


billion in new wind and solar investments in the next 12 months and is outlining plans for electric vehicle charging, energy storage and green hydrogen production pilot programs to meet its goal to reach net-zero carbon emissions by 2050.

The future of energy in the US could hinge on permitting reform and greater investment in R&D

Renewable Energy World

In order to get offshore wind [energy] onshore, we are going to need to make transmission investments and that’s very difficult to do,” said Good. For that, we need about $10 billion invested in research and development and deployment so we can start deploying them by 2030 at scale,” he said.

Iberdrola Buys 900MW Wind Portfolio as Coronavirus Investment Drive Ramps Up


The Spanish utility has promised to accelerate its investment plans in 2020, bringing forward procurement commitments and hiring 5,000 additional staff as part of its own coronavirus stimulus plan. Iberdrola investing its way out of a crisis.

University of Manchester to decarbonise its investment portfolio

Business Green

University claims its plan, which promises to end all investments in fossil fuel companies by 2022 and fully decarbonise its investments by 2038, goes 'further than other fossil fuel divestment programmes'.

Shell invests in US aviation biofuels start-up LanzaJet

Business Green

Shell has invested in sustainable aviation fuel (SAF) firm LanzaJet, joining Japanese trading house Mitsui, Canadian oil and gas firm Suncor Energy, and UK airline British Airways as an early-stage backer in the US start-up.

Defra unveils £10m fund to drive private investment in nature projects

Business Green

Natural Environment Investment Readiness Fund (NEIRF) promises £100,000 grants for woodland, peatland and habitat restoration projects that can then harness further private investment. I strongly encourage farmers to apply for 2022 agreements.".

WoodMac: Lack of US Offshore Leases Holding Back Investment, Job Creation


That would bring more competition into the market, lowering project costs and making supply-chain investments more likely to happen. With the coronavirus pandemic still raging, the U.S. government needs to find ways to boost federal revenue and help put people back to work.

SK Innovation increases investment in US EV battery business to $2.5 billion


SK Innovation has announced additional investment in its US battery business to fund the construction of a second EV battery plant in Georgia. The company plans to invest a total of $2.5 SK broke ground on the first plant at the Georgia site in March 2019, and is expected to begin mass production in 2022. The company says it could invest as much as $5 billion in its US battery business, and create as many as 6,000 jobs.

2019 New Investment Spotlight: Wright

Clean Energy Trust

The region’s rapidly emerging middle class, adding 50 million new consumers by 2022 , represents an exploding consumer base for short-haul flights and air freight. This post is part of a series on CET’s recent investments. 2019 New Investment Spotlight: Wright was originally published in Clean Energy Trust on Medium, where people are continuing the conversation by highlighting and responding to this story.

Asia 40

Canadian clean fuel standard needed to meet climate target, attract investment in low-carbon economy

Clean Energy Canada

OTTAWA — Implementing a clean fuel standard as soon as possible will be crucial to attract investment in low-carbon fuel options and put Canada on track to meet its emission reduction targets, environmental advocates and industry leaders said today.

Lloyd's of London promises to end investment in coal, oil sands, and Arctic exploration

Business Green

Insurance giant sets out wide-ranging new sustainability strategy designed to curb investment in fossil fuel infrastructure, but campaigners argue faster timetable is required. However, the policy should take effect now, not 2022," she added.

Government to push pensions sector towards green technology investment

Business Green

Department for Work and Pensions consults on plans to drive long-term pensions sector investment into 'important sectors of the economy' such as green technology.

'Moral hazard': MPs urge Bank of England to clean up dirty investments ahead of COP26

Business Green

The BoE should now reach out to those companies that have already secured loans through the programme to remind them the government expects all listed companies and large asset owners to publish climate-related risk disclosures by 2022, as part of its Green Finance Strategy, he said.

COP 75

Amazon unveils first recipients of $2bn climate investment programme

Business Green

Electric vehicles, carbon credit marketplace software, carbon dioxide removal and high-efficiency motors are among the technologies to secure backing from Amazon as the tech giant announced the first investments from its $2bn Climate Pledge Fund today.

?CNH Industrial invests $250 million in fuel cell truck maker Nikola, plans to enter European market


The partners plan to launch a European joint venture by Q4 2022, which will cover both battery and fuel cell electric vehicles. With CNH Industrial’s investment and partnership, we can now bring zero-emission trucks to Europe. Dutch commercial vehicle maker CNH Industrial plans to form an exclusive partnership with Nikola , an Arizona manufacturer of Class 8 heavy-duty trucks powered by hydrogen fuel cell and battery technology.

'Now is the time to invest': Top business groups warn against cutting Green Homes Grant Scheme

Business Green

More than 25 businesses, industry groups and charities have added their voices to growing alarm at the government's decision to withdraw unspent budget behind its beleaguered green home upgrades programme, arguing "now is the time to invest in the sector, not to withdraw funding".

Investment Association lends voice to climate risk reporting demands

Business Green

The Investment Association (IA), which represents 250 members with £7.7tn under management, has set a three-year deadline for listed companies to clearly explain how they plan to measure and manage climate-related risks and opportunities through their annual reports.

'Future economy': Sunak pledges to put green investment at heart of economic recovery

Business Green

The Chancellor stressed the bank would have support for the UK's "green industrial revolution" at the heart of its remit, providing a mechanism for accelerating investment in new renewables, grid, and hydrogen infrastructure. per cent in 2022, with an unemployment peak of 6.5

The Canadian government is making smart investments in electric vehicles

Clean Energy Canada

Canadian investment in EVs soared over the last few years, from next to nothing in 2010 to over $1 billion in 2017. Walmart’s Canadian subsidiary plans to convert 20 per cent of its fleet to electric power by 2022 , with the purchase of 40 Tesla Semis. If current investment, policy and market trends continue, we’ll see more EV models on dealership lots, more electric fleets roaming the streets and more Canadians hopping into their EVs and riding off into the low-carbon sunset.

The Extended 26% Tax Credit & What It Means For Commercial Solar

Sun Valley Solar

The federal solar investment tax credit, more simply known as the ITC, has been a significant factor in the large-scale commercial solar adoption over the last decade.

Climate supercomputer: UK invests £1.2bn in 'state-of-the-art' forecasting system

Business Green

Come rain or shine, our significant investment for a new supercomputer will further speed up weather predictions, helping people be more prepared for weather disruption from planning travel journeys to deploying flood defences.".

Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive

Business Green

Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals.

Survey: Petrol and diesel vehicle phase-out driving £12bn EV investment

Business Green

Businesses are planning to accelerate investment in electric vehicles (EVs) by almost 50 per cent over the next two years, according to a survey by energy giant Centrica.

Offshore Energy Industry Releases Economic Impact Study of New Federal Offshore Wind Lease Auctions


Treasury Revenue Achievable by 2022; Delivers $166 Billion in Offshore Wind Industry Investment and Supports 80,000 jobs annually by 2035Study finds 28 Gigawatts, $1.7 Billion in U.S.

Texas likely to add 10 GW of utility-scale solar capacity in the next two years

Renewable Energy World

According to survey reports on EIA’s Preliminary Monthly Electric Generator Inventory, Texas will add 10 gigawatts (GW) of utility-scale solar capacity by the end of 2022, compared with 3.2 GW in 2022, which will bring total installed solar capacity in Texas to 14.9

Why investors are putting biodiversity on the balance sheet


Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. Paris-based Ossiam just launched a global equity ETF that invests in food companies making efforts to minimize habitat and biodiversity destruction.

Proterra to deliver 42 electric buses and 75 chargers to Miami-Dade transit agency


The first of the e-buses are to be delivered in 2022. Bloomberg reports that Proterra, which has a supply agreement with LG Energy Solution through 2022, foresees investing $100 million to $120 million in domestic cell capacity.

Nestlé digs deeper into regenerative ag, puts $3.6B behind net-zero plan


But CEO Mark Schneider took pains to position this investment as one that will be "earnings-neutral.". Nestlé will discuss its climate-related progress and investments on an ongoing basis, with the long-term view in mind. Nestlé digs deeper into regenerative ag, puts $3.6B

Magna’s new Michigan plant to supply battery pack parts for Hummer EV


Clair, Michigan, that will build battery enclosures for the upcoming 2022 GMC Hummer EV. Construction of the 345,000-square-foot facility, named Magna Electric Vehicle Structures, represents an investment of over $70 million.