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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021.

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ABB charges into the future with Formula E

Charged EVs

ABB is currently providing UPS systems for Formula E’s broadcast center, and it provided 50-kilowatt chargers for the Jaguar I-Pace trophy, a racing series that was presented before the main Formula E races for two seasons from 2018 to 2020. We’re taking this [equipment for Formula E] and shipping it around the world.