$1.66 Billion Turbo-Boost For US Green Hydrogen Industry
The US green hydrogen firm Plug Power has just nailed a $1.66 federal loan guarantee towards the goal of building up to six hydrogen hubs around the country.
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Egyptian Minister, Japanese Ambassador review cooperation plans in Cairo
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Japan’s Ambassador to Cairo, IWAI Fumio, to discuss the implementation plan for outcomes from her December 2024 visit to Japan. The meeting, held at the ministry’s headquarters
CIB completes EGP 1.56bn securitization deal for B.TECH, serving as financial advisor, arranger, and manager
The Commercial International Bank (CIB) Egypt has successfully concluded the fourth securitization deal for B.TECH, valued at EGP 1.5605bn. CIB acted as the financial advisor, arranger, manager, and promoter for the transaction, which is part of a two-year securitization Programme
Puerto Rico just got $1.2B in DOE financing to boost its grid with solar + storage
The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Rico’s fossil fuel plants with solar and battery storage through 2032.
more…CBE reveals developments in Egypt’s external debt as of June 2024
Egypt’s external debt reached $152.9bn in June 2024, marking a decrease of approximately $11.8bn (7.2%) compared to June 2023. This decline resulted from several factors, including the conversion of around $11bn in UAE deposits at the CBE into investments for
EVs account for 9 out of 10 new passenger car sales in Norway in 2024
Despite barely beating numbers seen in 2023, the latest data shows that fully electric vehicles continue to dominate new
NanoGraf’s Onyx EV-ready silicon anode boasts cost parity with synthetic graphite
US-based silicon oxide anode material producer NanoGraf has announced the release of Onyx, “an EV-ready silicon anode material that delivers dramatically improved lithium-ion battery performance at cost parity with
Tesla Model 3 VS. Hyundai Ioniq 5: The Tesla Supercharger Test
The Hyundai Ioniq 5 is the first non-Tesla EV to get a NACS connector from the factory. Here's how it fares against a Model 3.
Pakistan’s Khan sentenced in £190m corruption case; defence failed to present evidence
A Pakistani court on Friday sentenced former Prime Minister Imran Khan and his wife to 14 and seven years in jail, respectively, after finding them guilty of corruption, according to officials and Khan’s lawyer. This adds to Khan’s existing prison
Why Is The Chrysler Airflow EV Now On Ice?
Stellantis has not exactly been leading the way on EVs in the USA. It sells almost no electric vehicles. Here’s the most recent ranking of what share of an automotive group’s sales came from EVs in the US: Yikes! 0.1%.