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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4 —Luiza Demôro, project manager for BloombergNEF.

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Porsche launches carbon offsetting program for US drivers

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and habitat preservation in Zimbabwe. Customers can then follow a quick link to make financial contributions to environmental projects designed to offset their individual carbon footprint.

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Porsche launches carbon offset program in US

Green Car Congress

Following its corporate fleets, PCNA will soon offer Porsche Impact to USA customers who want to reduce the CO 2 footprint of their internal-combustion engines. The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. How much does it cost?

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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

Tempe, Arizona-based First Solar’s sixth operational factory expands the company’s global manufacturing footprint to four countries, including the US, Malaysia, and Vietnam. The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory.

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ASML’s threat to leave uncovers deeper concerns in Netherlands Inc – ET Auto

Baua Electric

” That chimes with a January study by SEO Economic Research commissioned by the Finance Ministry that found a third of Dutch multinationals would consider moving operations abroad in the next two years. ” Chip equipment supplier ASM International recently expanded in the U.S. “You’d need two hands to count them.”

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VinFast pushes forward regardless of early setbacks

Baua Electric

This week, it all started generating the smaller VF 6 and VF 7 in Vietnam next phasing out fuel vehicles endmost week. Previous within the date, VinFast introduced fresh financing from Vingroup founder Pham Nhat Vuong, Vietnam’s richest particular person. It additionally introduced a deliberate U.S.

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