Volvo starts series production of heavy-duty electric trucks, targets 50% of sales by 2030

[ad_1] Volvo Trucks, which is part of the Volvo Group, says it now has “six electric truck models in series production globally.” Batteries will be supplied by a Volvo Trucks…

Shell to build Europe’s ‘largest’ renewable hydrogen plant to help power Dutch refinery

[ad_1] Shell says it wants to “become a net-zero emissions energy business” by the year 2050, but the company remains a major producer of oil and gas. Its aims for…

Sweden finds Europe’s largest deposit of rare earth metals, which could become ‘more important than oil and gas’

[ad_1] Swedish mining company LKAB discovered one million metric tons of rare earth oxides, which are used in electric vehicles and wind turbines. CEO Jan Moström said it was good…

Microsoft, Kimbal Musk, NBA’s Russell Westbrook invest in Brooklyn-based climate tech company BlocPower

[ad_1] BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-based climate tech company, has closed on a nearly $155 million fundraising round that will be…

Why a U.S. national electric grid would be great for the climate — and is nearly impossible

[ad_1] A transmission tower is seen on July 11, 2022 in Houston, Texas. ERCOT (Electric Reliability Council of Texas) is urging Texans to voluntarily conserve power today, due to extreme…

Why it’s so hard to build new electrical transmission lines in the U.S.

[ad_1] Service technicians work to install the foundation for a transmission tower at the CenterPoint Energy power plant on June 10, 2022 in Houston, Texas. Brandon Bell | Getty Images…

Energy company announces world first as its tidal power project hits major milestone

[ad_1] This image, from 2017, shows one of the MeyGen project’s tidal stream turbines. The MeyGen array has a total of four turbines. Chris Ratcliffe | Bloomberg | Getty Images…

Why America’s outdated energy grid is a climate problem

[ad_1] Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested…

Tesla board member says Musk doesn’t mind bankruptcy if a rival builds a better car: ‘That’s his philosophy’

[ad_1] Elon Musk remarked that he wouldn’t mind Tesla going bankrupt if it means a rival company builds a better car, according to a member of the firm’s board. “I…

Vietnamese EV maker VinFast says job cuts won’t derail plans to start U.S. production

[ad_1] The Vinfast VF6 all-electric vehicle is on display at the 2022 Los Angeles Auto Show on November 18, 2022 in Los Angeles, California. Josh Lefkowitz | Getty Images News…