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Biden Administration Opens up $20 Billion ‘Green Bank’ for Clean Energy Projects Focused On Disadvantaged Communities
Vice President Kamala Harris, Environmental Protection Agency Administrator Michael Regan and other officials will announce the grant competitions Friday at a historically black university in Baltimore.
- Categories
- Energy, Finance, Technology
- Region
- North America
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China’s BYD Joins Latin America Lithium Rush to Feed Electric-Car Switch
Brazil and Chile are key pillars in BYD’s regional push.
- Categories
- Energy, Technology
- Region
- Latin America
- Tags
- e-mobility, mining, transportation
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Making a Successful Business Pivot During the Energy Transition: Three Lessons from an Auto Supplier Diversifying into Renewables
As efforts to decarbonize the world’s energy systems accelerate, many industries and companies face both new challenges and tremendous opportunity — and the automotive industry is a highly visible proving ground for this shift. Diana Páez and Dana Gorodetsky at the William Davidson Institute explore how Bosal, a global automotive supplier, is leveraging its expertise with internal combustion engine-related products to expand into the renewable energy market, and share some lessons from its evolution that can be valuable to other companies affected by the energy transition.
- Categories
- Energy, Technology, Transportation
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Afreximbank Ploughs $900 Million into Special Economic Zones Creation
Special Economic Zones (SEZs) can catalyse industrialisation while building domestic supply chains. They also attract foreign investment and skills transfers.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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Philippines Says China’s Yadea to Invest $1 Billion in E-Motorcycle Plant
The factory will have an annual production capacity of 3 million to 5 million units that will cater to domestic demand.
- Categories
- Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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BlackRock Eyes $7 Billion for New Global Renewable Power Fund
The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments.
- Categories
- Energy, Technology
- Region
- Global
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Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt
Revfin last raised $10 million in a Series A funding round in October 2022 from Green Frontier Capital and LC Nueva Investment Partners.
- Categories
- Energy, Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, fintech, startups
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African Development Bank and Africa Growing Together Fund Commit $124.4 Million to Improve Sanitation in Angola’s Coastal Towns
The funds will help Angola to improve access to climate-resilient and sustainable sanitation services.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa