February 18, 2020 /3BL Media/ - Geronimo Energy (Geronimo), a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced today the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project (Wild Springs). Wild Springs is a 128 megawatt (MW) clean solar energy project located in Pennington County, South Dakota, approximately 20 miles east of Rapid City. Wild Springs is anticipated to begin operations in 2022.
Company Continues to Explore Hydrogen's Potential in the Energy Transition
SAN RAMON, Calif., February. 18, 2020 /3BL Media/ – Chevron Corporation (NYSE: CVX) today announced it has joined the Hydrogen Council, a global advisory body providing a long-term vision for the role of hydrogen in the energy transition.
In addition to setting sustainability and renewable energy goals, we have also committed to increasing the percentage of sustainable materials in our vehicles. In partnership with our suppliers, at least 50 percent of the materials in our vehicles will be sustainable by 2030.
Ceres 2020 in New York will mobilize the world's most influential capital market leaders to accelerate and scale up innovative solutions on the most pressing global sustainability challenges. These leading executives will map out the urgent steps for increased investor and corporate action on sustainability risks and opportunities across diverse sectors of the economy.
Perhaps the most interesting aspect of the new partnership is Arrival’s unique manufacturing model.
Instead of relying on large, centralized factories, the company plans to establish a number of “micro-factories.”
Depending on where and how the new factories are sited, the arrangement could provide UPS with an opportunity to bring new jobs into communities that need them, rather than encouraging workers to uproot and follow jobs to remote locations.
January 30, 2020 /3BL Media/ – UPS today said its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built vehicles that offer a highly competitive value proposition when compared with both traditional internal combustion engine vehicles, as well as existing EVs.
$2.2 billion investment will support 2,200 good-paying manufacturing jobs
DETROIT, January 28, 2020 /3BL Media/ — General Motors’ (NYSE: GM) vision of an all-electric future is coming into clearer focus and gaining momentum with a $2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric trucks and SUVs. GM’s first all-electric truck will be a pickup with production scheduled to begin in late 2021. This will be followed soon after by the Cruise Origin, a shared, electric, self-driving vehicle unveiled by Cruise in San Francisco last week.