Automaker Stellantis is set to invest in a geothermal energy project in Germany with lithium developer Vulcan Energy Resources to help power a manufacturing facility for electric vehicles, Vulcan said on Tuesday.
The phased project is aimed at providing renewable heat to Stellantis' Rüsselsheim manufacturing facility, which produces the DS 4 and Opel Astra models, Australia-based Vulcan said in a statement.
Vulcan will initially carry out a pre-feasibility study for the development of geothermal renewable energy projects in Rüsselsheim.Stellantis, which holds an 8% stake in Vulcan, will aim to source funding for 50% of the project development after the first phase of the project. Stellantis wants battery electric vehicles to make up 100% of its European passenger car sales by 2030. It recently
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Germany falls to bottom rung of investment ranking on energy costs, labour shortageGermany's attractiveness as an investment location has fallen four places to 18th of 21 in a ranking of industrial economies by economic research institute ZEW, newspaper Augsburger Allgemeine reported on Monday.
Leer más »
Another Year, Another Record In Denmark's Renewable Energy ProgressThe fresh numbers from 2022 show that Denmark's electricity needs are now covered by 60% renewables. In just 8 years from now, that figure will quadruple.
Leer más »
Explained: Protests hit Germany as country turns to coal amid gas shortageAs Europe’s energy security dwindles, Germany turns back to coal, igniting protests in a small western village under threat of demolition for the expansion of the Garzweiler coal mine
Leer más »
Italian energy company discovers new offshore gas field in EgyptDiscovery of potential gas sources in the Eastern Mediterranean Sea boosts effort to completely replace gas imports from Russia amid the fallout of the Ukrainian conflict.
Leer más »
New York Climate Groups Sue Over New Energy-Guzzling Crypto Mining OperationThe crypto mine could increase a Buffalo area power plant’s greenhouse gas emissions by up to 3,500%.
Leer más »
This village is standing in the way of Germany’s coal revivalActivists continue to block police attempts to demolish the village of Luetzerath to make way for the expansion of an opencast coal mine.
Leer más »