Volvo offloads Polestar stake to Geely and VW invests more USD bns into Brazil EV business
Geely will allocate funding for Polestar after acquiring a 48% stake in the company
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Geely will allocate funding for Polestar after acquiring a 48% stake in the company
Clean energy sources are forecast to meet global electricity growth demand through to 2026
What we’re tracking this morning regionally and around the world
The energy storage system will have a 4 MW capacity
The project has an investment value of USD 1.5 bn.
The company will leverage its MAD 3.4 bn wind turbine manufacturing plant in Morocco to expand exports to the EU…
The company is also eying investments in Georgia’s green sector.
The hybrid energy system will connect solar and wind sources through BESS systems, enabling clean power production around the clock.
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