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Renewable energy generation operations begin at 75MW Electrify America Solar Glow 1

Green Car Congress

Electrify America has begun commercial operation of the new 75MW Electrify America Solar Glow 1 solar photovoltaic renewable energy generation project in San Bernardino County, CA, announced last year. Electrify America Solar Glow 1 is the result of a 15-year virtual power purchase agreement (VPPA) with developer Terra-Gen.

Solar 367
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Honda begins production of 2023 Honda CR-V Hybrid in North America

Green Car Congress

Mass production of the all-new 2023 Honda CR-V hybrid began at Honda of Canada Mfg. The Indiana Auto Plant (IAP) and the East Liberty Auto Plant (ELP) in Ohio, which produced the previous CR-V Hybrid, will begin production of the 2023 CR-V hybrid in the coming months.

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production.

GM 170
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Volkswagen Group, Siemens invests $450M in Electrify America

Green Car Congress

The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45 Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the board.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

General Motors and Lithium Americas will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third-largest in the world. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year.

America 259
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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. The task now is to continue working on the cost position and at the same time implementing the product offensive.