PARIS: Renault Group and Volvo Group have announced the completion of their joint venture, Flexis SAS, marking a significant leap in the production of next-generation electric vans. The new venture, which follows the binding agreements signed on October 6th, 2023, has received all necessary regulatory approvals and is poised to revolutionize urban logistics with its…
All posts tagged Decarbonization
StormFisher Hydrogen secures $30 million to produce low carbon fuels
StormFisher Hydrogen, a company that develops facilities to produce e-fuels from wind and solar power, has received a $30 million investment from ARC Financial Corp. The funding will help StormFisher Hydrogen expand its pipeline of projects in the United States and Canada, where it aims to decarbonize various sectors with its electrolysis-based fuels. StormFisher Hydrogen,…
Volvo Group invests in Zacua Ventures, a global fund for green construction tech
Volvo Group Venture Capital AB has joined Zacua Ventures Builders Fund I, L.P., a global venture capital fund that supports early-stage technology start-ups in the construction industry. The fund focuses on emerging technologies that can reduce carbon emissions and improve efficiency in the sector. Zacua Ventures was founded in 2022 and operates in North America,…
Airbus and TotalEnergies join forces to decarbonize aviation with sustainable fuels
PARIS, FRANCE: Airbus and TotalEnergies have announced a strategic partnership to develop and supply sustainable aviation fuels (SAF) for the aviation industry. The partnership aims to help achieve net carbon neutrality of aviation by 2050, by reducing CO2 emissions up to 90% compared to fossil fuels, a financial news announcement noted. The partnership will focus…
Atos launches app to provide comprehensive satellite images of earth
PARIS: Atos today launches Terra², a mobile application that provides valuable data so that decision makers and influencers can make data-driven decisions, supporting the COP26 ambition. The data presented combines satellite imagery offered by Atos’ satellite Earth Observation Platform Mundi Web Services, the world’s largest earth observation program, with scientific research from international laboratories and research institutes1 led by…