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IRENA report says tripling renewables investment required to reach 2050 climate goal

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The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Renewable energy investment slightly declined in 2018, with modest growth through 2019. Although this was largely due to the decreasing costs of renewables, the total installed capacity continued to grow.

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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The partnership is part of Korea’s Ministry of Environment’s project to install hydrogen refueling stations and subsidize privately financed infrastructure projects. In September 2019, Hyundai and Cummins Inc. —Seong Kwon Han, President and Head of Commercial Vehicles Division at Hyundai Motor Company. Earlier post.).

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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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interest, and will retain operational management responsibility; its partner Tsingshan is financing the plant construction in exchange for 49.9% For this project with high value creation potential, our partner Tsingshan will provide its industrial expertise and financing capabilities needed for the construction of the plant.

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Rolls-Royce and SOWITEC cooperate on power-to-X projects

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gigawatts of solar and wind projects installed in South America, Europe and Asia, the Baden-Württemberg-based company has extensive experience in developing financeable turnkey renewable energy projects, from concept to implementation, including investor sourcing. With more than 4.2

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Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019

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Further model ranges will follow, starting in 2019. The eVito will be followed in 2019 by the eSprinter. With an installed battery capacity of 41.4 Installation of the battery beneath the vehicle contributes to the unrestricted usability of the entire load space. The line-up will then be rounded off by the Citan.

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bp acquires EV fleet charging provider AMPLY Power; first major step into electrification in the US

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By 2030, bp aims to nearly double earnings from its global convenience and mobility businesses—increasing from around $5 billion in 2019—while delivering returns in the range of 15-20%. for customers, including individual drivers and fleet operators. Founded in 2018, AMPLY Power aims to make EV adoption easy for fleets.

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Nemaska Lithium reports construction and planing on schedule at both mine site and electrochemical plant; agreement with LG Chem

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I am pleased that we are progressing according to plan and that we are on track to start producing spodumene concentrate in the second half of 2019 with lithium salts production commencing in the last half of 2020. The power line to the mine site from the Nemiscau sub-station has been installed. Electrochemical Plant Construction.

Financing 150