Israeli startup H2Pro joined the race to make cheap green hydrogen after securing investments from funds backed by Microsoft Corp. founder Bill Gates and Hong Kong billionaire Li Ka-shing. As governments and industries get serious about cutting greenhouse gas emissions, demand has grown for hydrogen produced by splitting water—using renewable electricity—as a potential carbon-free fuel […]
Billionaire Friedland’s SPAC Readies Funds for Clean-Power Push
Ivanhoe Capital Acquisition Corp., the special purpose acquisition company led by billionaire mining investor Robert Friedland, is raising $200 million to invest in industries key to the global energy transition. The SPAC plans to target companies in industries related to the “paradigm shift” away from fossil fuels, it said in a U.S. regulatory filing […]
Billionaire Miner Forrest Aims to Be a Global Clean Energy Giant
Fortescue seeking to begin fuel production as soon as 2022 Scale of energy operations should eventually surpass iron ore Billionaire Andrew Forrest broke into the ranks of the world’s top iron ore exporters, now he’s targeting an entry into renewables in as soon as two years under an ambitious plan to produce more energy than […]
Chinese Electric-Vehicle Builder Becomes Billionaire By Coming Up With His Own Design
China’s large and competitive electric car market has minted a new billionaire, who is aiming to win over the country’s consumers with vehicles designed to be innovative and affordable. Li Xiang, founder of Beijing-based EV startup Li Auto, saw shares of his company surge almost 50% following its Thursday debut on the Nasdaq. Li Auto […]
Billionaire Hohn-Backed Fund Seeks to Boost Clean Energy in Asia
Philanthropic groups including billionaire Chris Hohn’s Children’s Investment Fund Foundation are backing a plan to support clean energy projects in Southeast Asia as access to tradi…Read More…
