Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
"Stellantis and Vulcan will aim to produce clean electricity and supply it to the grid for both internal and external consumption, in accordance with Germany's Renewable Energy Act , while also producing heat to be transferred to Stellantis' manufacturing site, the two firms said in a statement. Australia-based Vulcan initially will carry out a pre-feasibility study for the development of energy projects.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vulcan Energy, Stellantis to develop renewable energy assets in GermanyAutomaker 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.
Read more »
Vulcan strikes decarbonising deal with StellantisDual listed Vulcan Energy has struck a phased project agreement with vehicle manufacturer Stellantis to support the decarbonisation of the Rüsselsheim manufacturing site in the Upper Rhine Valley, Germany. The partnership is aimed at developing, building and operating geothermal renewable energy assets to help decarbonise the energy supply in Rüsselsheim by providing renewable heat.
Read more »
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.
Read more »
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
Read more »
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.
Read more »
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%.
Read more »