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Isuzu to invest two billion bucks in electric trucks and batteries

Charged

Japanese automaker Isuzu is planning to invest nearly two billion dollars in electric trucks and batteries, according to EV news outlet Electrive. Isuzu intends to use the battery cells in a new electric version of the Isuzu Elf medium-duty truck , which the company calls its first mass-produced pure EV. ton versions.

Batteries 126
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Schneider Electric Announces Investment with ENGIE for Solar, BESSĀ 

Solar Industry

Schneider Electric has committed to invest in a portfolio of Texas-based projects utilizing a Tax Credit Transfer Agreement for solar systems and BESS developed, built and operated by ENGIE North America. “Schneider Electric is committed to achieving net-zero emissions across our operations by 2030.

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Volvo CE investing in electric wheel loaders

Charged

Volvo Construction Equipment (Volvo CE) reports that, as part of its efforts to become fossil-free by 2040, it is investing SEK65 million, or about $6.3 million, in the production of electric wheel loaders at its plant in Arvika, Sweden. Source: Volvo

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Schneider Electrics invests on geothermal retrofit for Bulgaria facility

ThinkGeoEnergy

Schneider Electric Bulgaria , a subsidiary of the French energy management and automation company Schneider Electric, has invested EUR 1.8 The geothermal heating and cooling system has been designed to entirely replace the use of natural gas by Schneider Electric Bulgaria in their smart factory.

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Climate tech investment falls 40% amid economic uncertainty

Envirotec Magazine

Climate tech investments from venture-capital and private equity fell 40% in 2023 as economic uncertainty and geopolitical conflict dent investor confidence, according to PwCā€™s 2023 State of Climate Tech report, published on 17 October. While that pattern is still true, there is an encouraging shift in the right direction.

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Biden administration announces ā€˜largest everā€™ investment in US electric grid

The Verge: Energy

billion in funding today to upgrade the USā€™s aging electric grid, the largest investment to date in the grid. Altogether, the projects selected are expected to leverage $8 billion in both federal and private investments. A worker repairs a utility pole during a power outage after Hurricane Ida in New Orleans, Louisiana, U.S.,

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IDB Invest directs $100 million to modernize Jamaicaā€™s electricity grid

Impact Alpha

The post IDB Invest directs $100 million to modernize Jamaicaā€™s electricity grid appeared first on ImpactAlpha. ImpactAlpha, February 12 ā€“ Jamaicaā€™s energy utility Jamaica Public Service Co. has been working in recent years to improve the reliability of the.