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Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position

Green Car Congress

Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 REG was a founder of the renewable fuels industry and has been a leading innovator ever since. billion, or $61.50

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Port of Argentia, Pattern Energy & Argentia Capital reach agreement on renewable energy to green ammonia project

Green Car Congress

(Nefoundland, Canada) reached a binding agreement on commercial terms with Pattern Renewable Holdings Canada 2 ULC (Pattern Energy) for a planned renewable energy to green fuels project at Argentia. Pattern Energy is taking a lease option on some 6,000 acres of industrial and forest lands owned by the Port.

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Commercially operated Wärtsilä engine runs on 25 vol% hydrogen blend

Green Car Congress

The technology group Wärtsilä and WEC Energy Group have successfully tested the capabilities of a Wärtsilä engine running on 25 vol% hydrogen-blended fuel. The tests, which were completed in October 2022, were conducted at WEC Energy Group’s 55 MW A.J. Mihm power plant in Michigan using an unmodified Wärtsilä 18V50SG engine.

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Volvo Group and Westport sign LOI to form JV to advance commercialization and adoption of HPDI

Green Car Congress

Volvo Group and Westport Fuel Systems signed a non-binding letter of intent (LOI) to establish a joint venture to accelerate the commercialization and global adoption of Westport’s HPDI (High Pressure Direct Injection) fuel system technology for long-haul and off-road applications.

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NREL & Volvo Group To Chart Course Toward Zero-Emission Commercial Vehicles

CleanTechnica EVs

In collaboration with Volvo Group, National Renewable Energy Laboratory (NREL) researchers charted a path forward for achieving a zero-emission future for medium- and heavy-duty vehicles (MHDVs).

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IVECO and Eni to explore cooperation on sustainable mobility of commercial vehicles

Green Car Congress

IVECO, a brand of Iveco Group N.V. and Eni signed a Letter of Intent (LoI) to explore potential cooperation on sustainable mobility initiatives in the commercial vehicle sector in Europe and accelerate the decarbonization of transport. This will be made possible through partnerships in Italy and abroad.

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Iveco Group inaugurates new ePowertrain plant in Turin, the Group’s first completely carbon-neutral manufacturing site

Green Car Congress

FPT Industrial, the global powertrain brand of Iveco Group, inaugurated the new Turin (Italy) ePowertrain plant, a manufacturing site fully dedicated to the production of the electric powertrain range and Iveco Group’s first completely carbon-neutral plant. The adoption of Industry 4.0

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