Category: plant
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Plug Power’s Louisiana Hydrogen Plant Set for First Quarter Operations with Robust Safety Standards
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This section The partnership content provided The content in this section is provided by Globenewswire for the purposes of distributing press data on behalf of its customers. Postmedia did not review the content. by Globenewswire Bread path links Globenewswire The author of the article: It was published on February 25,…
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SolarEdge in talks to sublease northern production plant
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Israeli solar energy company Solaredge Technologies (NASDAQ: SEDG) There are talks to rent their production factory for many Israeli and foreign companies, including defense companies, and he has told a source familiar with the “Globes”. One of the ideas that appeared in the negotiations is the possibility of using current…
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Keystone Fund plans data center in Be’er Tuvia power plant
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The partnership operating the IPM power plant, led by the Keystone Fund, recently filed a master plan with the local Planning and Building Commission to build a new data center at Be’er Tuvia. This step, which still requires approval from planning authorities, appears to be routine, but the exception is…
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EV maker VinFast to build second production plant in Vietnam
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HANOI (Reuters) – Vietnamese electric car maker VinFast on Sunday announced a plan to build its second local production plant that will double its production capacity, saying it is needed to meet growing demand for its small and medium-sized models. VinFast said the new facility is expected to produce 300,000…
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Vauxhall to close Luton plant, over 1,100 jobs at risk amid EV mandate pressures
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Stellantis, the parent company of Vauxhall, has announced plans to close its van manufacturing plant in Luton next April, putting more than 1,100 jobs at risk. The decision comes amid increasing pressure from the UK government’s stringent electric vehicle (EV) sales targets, part of the Zero Emission Vehicle (ZEV) mandate.…
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Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant
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Rivian (RIVN) announced late Thursday night that it has received a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital situation. The loan, part of the Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) program, will support construction of Rivian’s upcoming assembly…
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Rivian wins preliminary approval for $6.6B federal loan for Georgia EV plant
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Rivian (RIVN) announced late Thursday night that it has received a “conditional commitment” from the Department of Energy (DOE) for a $6.6 billion loan, highlighting Rivian’s improving capital situation. The loan, part of the Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) program, will support construction of Rivian’s upcoming assembly…
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DuPont plant in Louisiana fined $480,000 for releasing a cancer-causing chemical
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Breadcrumb links PMN BMN Business Article writer: Posted on October 29, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content RESERVE, Los Angeles (AP) — A chemical manufacturing plant west of New Orleans has…
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Kenya Airways eyes over Sh200m savings from new building, diesel plant
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Kenya Airways (KQ) is looking to save more than Sh209 million from its newly launched thermal diesel and newly acquired Msferi building that is set to house its operations team, helping its efforts return to profitability after years of losses. The national airline has launched a thermal diesel production facility…
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Interstate is closed outside Atlanta as residents evacuate due to a chemical plant fire
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Breadcrumb links PMN BMN Business Article writer: Posted on September 29, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content CONYERS, Ga. (AP) — Some residents were evacuated east of Atlanta while others were…
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India to probe fire at Tata plant making components for Apple iPhones By Reuters
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Written by Haripriya Suresh and Praveen Paramasivam BENGALURU (Reuters) – Indian authorities are set to launch a criminal investigation into the cause of a fire that broke out on Saturday at a Tata Electronics factory that makes components for Apple Inc’s iPhones, an official in the Indian state of Tamil…
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SAIC Volkswagen says adjusting plant base “necessary” By Reuters
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HONG KONG (Reuters) – SAIC Volkswagen said on Saturday that adjusting its production base was “natural and necessary” in response to reports it would close its Nanjing plant, China’s Yicai media reported. Reuters reported this week that Germany’s Volkswagen plans to halt production at one of its combustion engine car…
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SAIC Volkswagen says adjusting plant base “necessary” By Reuters
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HONG KONG (Reuters) – SAIC Volkswagen said on Saturday that adjusting its production base was “natural and necessary” in response to reports it would close its Nanjing plant, China’s Yicai media reported. Reuters reported this week that Germany’s Volkswagen plans to halt production at one of its combustion engine car…
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Labour finalising £500m rescue for Tata Steel’s Port Talbot plant
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The UK government is close to completing a £500m bailout for Tata Steel’s Port Talbot plant, after its blast furnaces were shut. The financing agreement, initially developed under the previous government, aims to help Tata Steel shift to a more environmentally friendly production method by building an electric arc furnace…
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Tower teams with Adani on $10b Indian chip plant
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Israeli chipmaker Tower Semiconductor Co., Ltd. (NASDAQ: TSEM; level:TSEMTower and the Adani Group are planning to build a chip manufacturing plant in the Mumbai suburb of Taloja, according to a tweet from Devendra Fadnavis, deputy chief minister of the western Indian state of Maharashtra. Tower and Adani will invest $10…
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Meyer Burger halts solar plant in Colorado, plans restructuring By Reuters
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Swiss solar panel maker Mayer Berger said on Monday it had suspended plans to build a factory in Colorado after announcing restructuring measures and indicating profitability would be lower than previously expected. Mayer Berger Technology AG announced today that the planned construction of a solar cell production facility in Colorado…
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Fire at Rivian’s Illinois plant damages multiple EVs, no injuries reported By Reuters
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(Reuters) – U.S. startup Rivian Automotive said on Sunday a fire broke out in the parking lot of its manufacturing facility in Normal, Illinois, late on Saturday, damaging several of its electric vehicles. No injuries were reported and the cause of the fire is under investigation, a company spokesman told…
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Fire at Rivian’s Illinois plant damages multiple EVs, no injuries reported By Reuters
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(Reuters) – U.S. startup Rivian Automotive said on Sunday a fire broke out in the parking lot of its manufacturing facility in Normal, Illinois, late on Saturday, damaging several of its electric vehicles. No injuries were reported and the cause of the fire is under investigation, a company spokesman told…
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AstraZeneca’s £450 million vaccine plant at risk as government reconsiders financial backing
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The US Treasury has confirmed it remains in “positive discussions” with AstraZeneca over the pharmaceutical giant’s proposed £450m vaccine manufacturing facility in northwest England. However, doubts have emerged following reports that the government is considering cutting its financial support for the project to £40m – a significant cut from the…