Focus on Business
After Nevada lithium deal, GM eyes other sources for EV minerals supply
GM ups Thacker Pass investment to $950M, doubling lithium access; eyes more North American critical mineral deals.
Chinese robotaxi firm Pony AI files for US IPO
China-based autonomous driving firm Pony AI has filed for a U.S. IPO, signaling renewed investor interest and easing regulations.
Second Consultation: Methodology for Early Retirement of Coal-Fired Power Plants
17 October 2024 Verra is opening a second public consultation on the draft Methodology for Accelerated Retirement of Coal-Fired Power Plants Using a Just...
Verra Cancels 5 Million Overissued Credits Linked to C-Quest Capital
17 October 2024 WASHINGTON — Today Verra, the nonprofit that serves as the leading standards setter for the voluntary carbon market, announced its completion...
BP weighs sale of minority stake in offshore wind business, sources say
BP paused investments in new offshore wind projects, Reuters reported in June. Last month, BP said it plans to sell its U.S. onshore...
EV-maker Lucid expects to raise $1.67 billion from stock sale
Lucid plans a $1.67B stock sale amid cash woes, forecasting a larger-than-expected Q3 loss and a 17 per cent premarket share drop.
Mexican Senate votes to give constitutional preference to state power company CFE
Mexico's Senate voted to amend the constitution, granting dispatch preferences to state-owned CFE, prioritizing its power generation over private competitors.
European renewable power prices fell in Q3, PPA platform says
European renewable power prices fell 12.4% in Q3 amid easing inflation, market volatility post-COVID and the 2022 energy crisis.
US offers conditional loan guarantees worth about $3 billion for two sustainable aviation fuel projects
The U.S. expects domestic production of biofuels to increase by about 50 per cent in 2024, led by rising SAF production.
Germany’s Vay gets $37 million from EIB for remote-driven services in Europe
German startup Vay secures €34M from EIB to expand its remote-driving tech across Europe, targeting Hamburg or Belgium.
