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Volkswagen leads €886 million investment in Northvolt to power Europe with its gigafactory for lithium-ion batteries

The future will require sustainable batteries to store renewable energy, and lots of them. Stockholm-based Northvolt has taken the lead, and has just announced a capital raise of €886 million to build Europe’s first gigafactory for lithium-ion battery cells, Northvolt Ett, in Skellefteå, Sweden. This comes just a month after securing a €350 million loan […]

INCREASING ADOPTION OF ELECTRIC VEHICLES IN INDIA – EQ

Goldman Sachs Becomes Solar Supplier to California CCAs as Its Acquisition Spree Continues

The purchase of Recurrent Energy’s equity stake in the 100 MW Mustang project adds to Goldman subsidiaries’ growing solar portfolios. Canadian Solar subsidiary Recurrent Energy has sold its remaining equity stake in the 100-megawatt Mustang solar project, a key resource for California’s flagship community-choice aggregators, to the Renewable Power Group of Goldman Sachs Asset Management. […]

Central America’s Solar Revolution and the Rooftop Revolution in the U.S. -EQ