article thumbnail

Nio garners $2.2 billion investment from UAE fund

Teslarati

Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times. We are looking for new investors, and financing is one of our daily jobs,” Qin said. The post Nio garners $2.2

UAE 114
article thumbnail

thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

Green Car Congress

A water electrolysis plant as well as a facility for sustainable ammonia production are planned to be constructed at KIZAD in Abu Dhabi, UAE, based on thyssenkrupp technology. It will be the first commercial plant to produce CO 2 -free green ammonia from renewable resources in the UAE. Saiyed, Managing Director of Helios.

UAE 186
article thumbnail

BP takes delivery of 6 new LNG tankers

Green Car Congress

BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers, which will join existing tankers in BP Shipping’s fleet in 2018 and 2019. BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola.

Trinidad 150
article thumbnail

Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer. percent to $38.1

Oil 150
article thumbnail

Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.

Fisker 277
article thumbnail

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

However, the report notes, renewable energy price improvements are not universal, and costs range widely according to resources and the availability of financing. These technologies will become more cost-competitive in future, especially where low-cost financing is available. of Cape Wind output; National Grid had agreed to buy 50%.

Renewable 150
article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)). in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing.