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Siemens Energy Wins Billion-Euro Contract To Supply Technology For North Sea Offshore Grid Connections

20 April 2023: Siemens Energy, in collaboration with Spain’s Dragados Offshore ACS.MC has been awarded contracts with a total value of around 7 billion euros to transport wind farm power to northern Germany. Siemens Energy has announced that as part of their agreement with TenneT IPO-TTH.AS, they

Einride and PepsiCo Partner To Introduce Electric Trucks To UK Freight Industry

April 18, 2023: Einride, a Stockholm based company that specialises in electric and autonomous trucks is entering the UK market as part of its recent expansion into Europe. The company is aiming to focus on the transportation of 1.6 billion tonnes of goods that are carried annually by road

Carbon Removal Gets a $1 billion Boost From JP Morgan, H&M and Other Major Tech Giants

Autodesk, H&M Group, JPMorgan Chase, and Workday have declared their participation in Frontier, an initiative aimed at advancing carbon removal. The members have pledged to buy a total of $100 million worth of high-quality carbon removal solutions over the next eight years. This commitment brings Frontier's

CCUS ZEN Announces Ambitious Plans to Accelerate Carbon Capture in Europe

The CCUS ZEN (Carbon Capture, Utilisation and Storage Zero Emission Network) has declared its intention to expedite the implementation of CCUS technology in Europe by pinpointing two appropriate industrial clusters where it can be deployed. The organisation plans to initially identify four clusters that show potential in the Mediterranean and

Kia Doubles Down On EVs, Announces Plans To Build Small Electric Cars In Europe

5 April 2023: Kia, South Korea’s second-largest automaker has declared that it will initiate the manufacturing of compact electric vehicles in Europe as a part of its pledge to introduce 15 new electric vehicles by 2027. The announcement was made during its yearly Investor Day, where the company also

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