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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

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The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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Rolls-Royce commissions test bench for mtu hydrogen engines for climate-neutral power supply

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Over the past year and a half, the company has invested around €10 million at Rolls-Royce Solutions in Augsburg in test bench modernization, hydrogen infrastructure and other measures as part of its ‘Net Zero at Power Systems’ climate protection program. Otto Preiss, Rolls-Royce Power Systems Chief Technology Officer and COO.

Climate 199
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Blue World Technologies starts series production of methanol fuel cells

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Blue World Technologies has started the series production of its methanol fuel cells, marked with the official inauguration of the 8,500 m 2 Blue Aalborg Factory. The fuel cell factory, which initially has an annual production capacity of 250,000 individual fuel cells, is located in an industrial area at the Port of Aalborg in Denmark.

Fuel 342
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Fisker targets delivery of climate-neutral vehicle by 2027

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Fisker aims to produce a climate-neutral vehicle by 2027. The company seeks to utilize only climate-neutral materials in products and use only climate-neutral services to support the business. The company recognizes the challenges of producing and delivering products without creating greenhouse gas (GHG) emissions.

Fisker 186
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Kia EV6 achieves product carbon footprint certification from the Carbon Trust

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Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate. The EV6 is the first model to be launched under this new strategy.

Carbon 435
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ArcelorMittal plans major EAF, DRI investments for decarbonizing steel production in Canada

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At the heart of the plan is a 2 million tonne capacity Reduced Iron (DRI) facility and an Electric Arc Furnace (EAF) facility capable of producing 2.4 Modification of the existing EAF facility and continuous casters will also be undertaken to align productivity, quality and energy capabilities between all assets in the new footprint.

Canada 448
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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Raven SR’s technology is designed to produce more green hydrogen per ton of waste than competing processes.

Renewable 199