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BASF, Porsche to Develop High-Performing Lithium-Ion Batteries

BASF will provide materials for high-performance battery cells for fast charging and high energy density. Cellforce Group will produce the high-performing batteries. Berlin : Germany’s BASF said on Wednesday it has been chosen as the exclusive partner to develop high-performing lithium-ion batteries for electric vehicles with Cellforce Group, a joint venture between Porsche and Customcells. […]

C4V bags contract from Omega Seiki Mobility to supply next-gen Lithium-Ion batteries – EQ Mag Pro

RWE and BASF Plan $4.9 Billion Offshore Wind Power Project

As part of the project, which depends on more favourable legislation, RWE plans to build a 2 gigawatt (GW) offshore wind park by 2030 to help to supply BASF’s Ludwigshafen chemicals complex, Germany’s single biggest electricity consumer. FRANKFURT: Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro ($4.9 billion) […]

A $22 Billion Plan to Export Solar Power From Australia to Singapore Clears Key Hurdle – EQ Mag Pro

Norwegian Pension fund drops Exxon, Chevron, BASF over climate lobbying

A Norwegian pension fund said Monday that it is divesting over USD 47 million from 27 companies, including Exxon and Chevron, as part of its commitment to combating climate change. The fund warned other major oil and gas companies it might drop them as well. Storebrand, which manages assets worth USD 91 billion, had over […]

BP gambles big on fast transition from oil to renewables – EQ Mag Pro

Fortum, BASF and Nornickel sign Pact for Battery Recycling in Finland

 Image Source: EV Battery Recycling Fortum BASF Nornickel Fortum, BASF and Nornickel have signed a letter of intent to plan a battery recycling cluster in Harjavalta in Finland, serving the electric vehicle market. This would enable a successful closed loop cycle to re-use the critical metals present in used batteries. Using metals from recycled batteries […]

BP gambles big on fast transition from oil to renewables – EQ Mag Pro