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Snam invests €33M in electrolyzer manufacturer ITM Power

Green Car Congress

The subscription of the shares as part of the ITM Power capital increase will take place in cash, using Snam’s financial resources. The partnership between Snam and ITM Power will also enable the two companies to foster synergies for the development of new projects, also through the secondment of Snam resources to ITM Power.

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Tata Group to build £4B gigafactory in UK; 40 GWh of cells per year

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Tata Sons will build a 40GW battery cell gigafactory in the United Kingdom (UK). The plant will employ innovative technologies and resource efficient processes such as battery recycling to recover and reuse all the original raw materials to deliver a circular economy ecosystem. The investment of more than £4 billion (US$5.2

Building 150
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Ørsted takes final investment decision on green hydrogen project H2RES

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Ørsted has over the past 18 months partnered with different consortia in seven renewable hydrogen projects in Denmark, Germany, the Netherlands, and the United Kingdom. The practically unlimited global offshore wind resources are suited to power renewable hydrogen electrolysis. MW offshore wind turbines at Avedøre Holme.

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Lead battery recycler Ecobat to build new Li-ion battery recycling facility in Arizona; 3rd Li-ion facility, 1st in N America

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This facility, like our lithium-ion battery recycling facilities in Germany and the United Kingdom, represents a significant milestone in Ecobat’s strategy to grow our lithium-ion battery recycling business to a scale, similar to our world-leading lead battery recycling business. Start-up is expected in the third quarter of this year.

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Uber setting goal of 100% of rides in EVs in US, Canada and European cities by 2030

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Committing $800 million in resources to help hundreds of thousands of drivers transition to EVs by 2025. The companies will now explore a strong partnership to provide partner drivers on the Uber App with affordable electric vehicles in European markets, notably in the United Kingdom, France, the Netherlands and Portugal.

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Urban Air Mobility Division of Hyundai Motor Group expands industry’s first air traffic management consortium with new members

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The Group launched the Consortium in June to serve as a resource for the advanced air mobility (AAM) industry and policymakers in the United States and internationally as they begin to shape common operating and design standards that support industry development.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. We almost double the working life of the batteries for vehicles and thereby greatly increase the value created from the resources already embedded in them.

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