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.
by Frederic Abbal, Executive Vice President Services Business at Schneider Electric
In a constantly evolving and connected world, organizations need to digitize their business processes to be competitive; and at Schneider Electric, we see 4 global transformations impacting the world and businesses: Electrification, Decentralization, Decarbonization, Digitization.
AIDA Cruises and Corvus Energy sign agreement for further cooperation at the opening of the first production plant of the battery manufacturer in Norway.
On the occasion of the opening of Corvus Energy's first production plant in Bergen, Norway, AIDA President Felix Eichhorn and the world's most renowned provider of maritime battery systems signed the agreement on September 5, 2019 to electrify the first cruise ship of AIDA Cruises. AIDAperla will be the first ship to be fitted with lithium-ion batteries from Corvus, produced in Norway, in 2020. The 300-meter-long cruise ship receives a battery pack capable of generating a total output of 10 MWh.
The yellow school bus is a familiar sight on America’s roads. As Fontana Unified School District students returned from their holiday break, one familiar thing was missing from two of their buses: black exhaust.
These buses are now all-electric and run on batteries. They are not only free of emissions, but much quieter. On a typical school day, the buses travel about 100 miles taking students from home to school and back, as well as on field trips. Electric buses can drive up to 120 miles per charge.
As the technology capability and the power density of power electronics, motors, generators and energy storage solutions have advanced, so, too, has the value proposition of electrification for Caterpillar’s customers.
Achieving the 2030 target economically implies dramatic reduction in the reliance on the most expensive and polluting heating fuels: fuel oil, propane, and kerosene. This entails a rapid transition from these fuels to heat electrification, reaching 28% electrification of residential space heat by 2030 through a mix of air- and ground-source heat pumps (see Table 1). By 2030, roughly 3.85 million homes are envisioned to be utilizing heat pumps, requiring an average annual rate of conversion of almost 300,000 homes and businesses.
Private sector, healthcare, and higher education institutions urge Northeast and Mid-Atlantic governors to prioritize policies and investments for a clean and efficient regional transportation system.
Influential investors, companies, hospital systems, colleges, and universities called on Northeast and Mid-Atlantic governors to take steps to modernize the region’s transportation system and keep the local economy thriving.
Indonesia continues to chase full electrification and grid stability
Indonesia, a nation of three time zones, thousands of islands and 250 million people, continues to experience major industrial and economic growth. Boasting vast untapped resources that include copper, gold, tin, nickel and coal, the mining sector will continue to play a significant role in the country’s development.