“The Changfang and Xidao (CFXD) project will be installed in two phases. The first 96 MW (megawatt) phase is expected to achieve first power in 2022 and the second 499 MW phase in 2023,” GPSC chief executive Worawat Pitayasiri said. Thai energy company, Global Power Synergy Pcl (GPSC), on Thursday said it had acquired a […]
EV Firm Oye! Rikshaw to Invest $500 Million on Battery Swapping Infrastructure Over Three Years
Electric mobility start-up Oye! Rickshaw plans to invest up to $500 million (over Rs 3,700 crore) in the next three years to set up battery swapping infrastructure for electric three-wheelers across India, according to a top company official. The company, which is backed by investors such as Matrix Partners, Chiratae Ventures, Xiaomi and industrialist Pawan […]
Leading CEO’s Ask Newsom to Dedicate $500 Million in Hydrogen Infrastructure Funds as Part of Zero Emission Vehicle Plan
Executives of Major Energy Companies Point to Public Sector Support to Bolster Millions in Private Sector Investment In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State. “At this still early stage in market development, the signal California sends on […]
Activate Renewables Launches with a $500 Million Capital Commitment to Acquire Renewable Energy Real Estate
DALLAS : Accelerate Real Asset Management announced today it has launched a new joint venture to invest in renewable energy infrastructure. Activate Renewables will acquire real estate and royalty interests associated with utility-scale solar, wind and energy storage facilities located across the United States. “We are excited to expand our successful investing blueprint into powering […]
Rivian Announces $500 Million Investment from Ford; Partnership to Deliver All-New Ford Battery Electric Vehicle
Ford and Rivian form strategic partnership through $500 million minority investment Ford to build all-new battery electric vehicle using Rivian’s flexible skateboard platform The investment is subject to customary regulatory approval; Ford’s Joe Hinrichs to join Rivian’s board of directors DEARBORN, Mich.: Rivian today announced an equity investment of $500 million from Ford Motor Company. […]
