Focus on Industry
Britain’s SSE rebuffed EDP proposal to merge, sources say
Portugal's main power utility EDP initiated merger discussions with London-listed peer SSE earlier this year, but talks did not progress.
Embraer’s Eve gets $88 million BNDES loan to build first plant
Eve is among the startups creating electrical vertical take-off and landing (eVTOL) aircraft to ferry travelers on short city trips, bypassing traffic.
Germany earmarks $3 billion for decarbonisation subsidies
To achieve climate neutrality by 2045, Germany will offer subsidies for decarbonisation in the glass, paper, and chemical sectors.
EV chipmaker Wolfspeed set to receive $750 million US chips grant
Wolfspeed, which has clients including GM and Mercedes, makes silicon carbide chips for efficiently transmitting EV battery power to motors.
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.
LG Energy Solution signs two battery supply deals with Ford
South Korea's LG Energy Solution said on Tuesday that it has signed two contracts to supply electric vehicle batteries to the Ford Motor...
BASF receives funding approval for the construction of the world’s largest industrial heat pump for CO2-free steam generation
Heat pump will use waste heat from steam cracker for CO2-free steam production Greenhouse gas emissions from formic acid production at the Ludwigshafen...
Global EV sales up 30.5% in September as China shines, Europe recuperates
Global sales of electric and plug-in hybrid vehicles grew 30.5 per cent in September, with China surpassing August records, per Rho Motion.
Norway court rejects environmental injunction against oil and gas fields
A Norway court ruled in favor of the government, rejecting activists' bid for a temporary halt on three oil and gas fields.
