Northvolt

Scania turns green supply target into requirements

Retrieved on: 
Friday, November 24, 2023
SSAB, Carbon, Coal, Steel, Transport, Renewable energy, Northvolt

SÖDERTÄLJE, Sweden, Nov. 24, 2023 /PRNewswire/ -- Determined to use its spending power to drive the shift towards a sustainable transport system, Scania now turns its supply chain decarbonisation target into mandatory purchasing requirements.

Key Points: 
  • SÖDERTÄLJE, Sweden, Nov. 24, 2023 /PRNewswire/ -- Determined to use its spending power to drive the shift towards a sustainable transport system, Scania now turns its supply chain decarbonisation target into mandatory purchasing requirements.
  • Implementing green purchasing requirements is both a question of making sustainable transport a reality and ensuring access to low-carbon material in a rapidly increasing competition," says Christian Levin, CEO at Scania.
  • Scania has introduced an industry-leading strategy to significantly remove supply chain emissions.
  • This spring, Scania placed its first order of green steel from H2 Green Steel.

CDPQ invests in Northvolt

Retrieved on: 
Thursday, November 16, 2023
CDPQ, Head, Recycling, Saint-Basile-le-Grand, R, Growth, Cell, Economic development, Renewable energy, Northvolt

MONTRÉAL, Nov. 16, 2023 /CNW/ - CDPQ announces that it is investing around CAD 200 million (USD 150 million) in Northvolt AB, a leading integrated battery platform focused on the R&D, manufacturing and recycling of sustainable battery cells and systems.

Key Points: 
  • MONTRÉAL, Nov. 16, 2023 /CNW/ - CDPQ announces that it is investing around CAD 200 million (USD 150 million) in Northvolt AB, a leading integrated battery platform focused on the R&D, manufacturing and recycling of sustainable battery cells and systems.
  • "CDPQ has been involved in the process for several months, actively contributing in establishing our future plant in Québec.
  • We are delighted to partner with such a major, long-term institutional investor that is committed to Québec's economic and energy development," added Paolo Cerruti, Co-Founder of Northvolt and CEO of Northvolt North America.
  • "Northvolt continues to integrate into the economic and social fabric of Québec, and the CDPQ's investment in Northvolt is further evidence of this."

ABB Ltd: Q3 2023 results

Retrieved on: 
Thursday, October 26, 2023
Power management integrated circuit, Way, ABB, Sustainability, ESG, Pressure, Automation, AAA, Engineering, Software, Growth, EPS, Business process automation, Book-to-bill ratio, Partnership, MSCI, Weakness, Recycling, Operational definition, Retail, Campus, Robotics, Northvolt

For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q3 2023 Financial Information.

Key Points: 
  • For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q3 2023 Financial Information.
  • Going forward we will continuously review the product groups within all divisions to optimize the portfolio as part of the ABB Way operating model.
  • In the fourth quarter of 2023, we anticipate low- to mid single digit comparable revenue growth.
  • ABB (ABBN: SIX Swiss Ex) is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future.

Cohesity Names Industry Leaders – Indra Nooyi, Jim Snabe, Ken Denman and Tami Erwin – to Newly Formed CEO Advisory Council

Retrieved on: 
Wednesday, October 25, 2023
Data Management, Security, Technology, Software, Artificial Intelligence, Internet, Cloud, Woman, EVP, VMware, International Cricket Council, PepsiCo, IDC, Siemens, Philips, Multimedia, Data management, Friends, Verizon Business, Mentorship, Trustee, Growth, The Channel Company, SAP, Fortune Most Powerful Women Entrepreneurs, Motorola Solutions, Costco, Amazon, Management, Openwave, Cohesity, Northvolt

Cohesity , a leader in AI-powered data security and management, today announced that Indra Nooyi, Jim Snabe, Ken Denman and Tami Erwin have joined a newly formed CEO Advisory Council .

Key Points: 
  • Cohesity , a leader in AI-powered data security and management, today announced that Indra Nooyi, Jim Snabe, Ken Denman and Tami Erwin have joined a newly formed CEO Advisory Council .
  • As strategic advisors, they will offer business insights to the CEO of Cohesity that inform and influence the company’s strategy and success.
  • View the full release here: https://www.businesswire.com/news/home/20231025815396/en/
    Cohesity CEO Advisory Council from left to right: Indra Nooyi, Jim Snabe, Ken Denman and Tami Erwin.
  • (Photo: Business Wire)
    “I am honored and humbled that these incredible leaders have agreed to provide their strategic expertise as we scale Cohesity to new heights,” said Sanjay Poonen, president and CEO, Cohesity.

Scania brings new energy by offering next level BEVs

Retrieved on: 
Wednesday, October 18, 2023
S series, Bev, SOC, Weather, Legislation, Carbon, EM, Cell, R, Senior, BEV, Growth, Vehicle registration plates of Nepal, Anxiety, Transport, Rail transport, Automotive industry, Electric battery, Renewable energy, Northvolt

SÖDERTÄLJE, Sweden, Oct. 18, 2023 /PRNewswire/ -- Scania first presented its next level of battery-electric zero-emission regional trucks in June 2022 and has built up a solid order book.

Key Points: 
  • SÖDERTÄLJE, Sweden, Oct. 18, 2023 /PRNewswire/ -- Scania first presented its next level of battery-electric zero-emission regional trucks in June 2022 and has built up a solid order book.
  • Scania Charging Access – one for all, all for one
    Earlier this year Scania Charging Access was presented, a service which is now open for business.
  • Owning at least one Scania of any kind is in fact the only requirement for joining Scania Charging Access.
  • By using the Scania Driver App or My Scania, charge points that are ranked by us as truck-ready, and their availability, can be filtered out.

Scania launches new battery-electric bus platform at Busworld

Retrieved on: 
Friday, October 6, 2023
Partnership, Science Based Targets initiative, Vehicle registration plates of Nepal, Society, Product management, CO2, Safety, ADAS, Environment, BEV, Rail transport, Northvolt, EU

SÖDERTÄLJE, Sweden, Oct. 6, 2023 /PRNewswire/ -- The new Scania battery-electric bus platform, one part of the company's complete e-mobility solutions covering vehicles, services, and systems makes its debut at Busworld.

Key Points: 
  • SÖDERTÄLJE, Sweden, Oct. 6, 2023 /PRNewswire/ -- The new Scania battery-electric bus platform, one part of the company's complete e-mobility solutions covering vehicles, services, and systems makes its debut at Busworld.
  • Today, with the introduction of the new Scania battery-electric bus platform and complementary e-mobility solutions, Scania advances along its electrification roadmap to reach the set Science-Based Targets for CO2 reduction and to provide silent zero-emission transport for people and societies around the world.
  • The initial introduction of the new platform is made available in low-entry 4x2 buses which will be developed in close collaboration with bodybuilder partners.
  • "During the development of our new battery electric bus platform, range, performance, and battery responsibility have been key areas – all crucial to achieving viable and sustainable transport systems.

Joint statement by Canada and Sweden on sustained engagement on critical raw materials, battery value chains and emerging technologies

Retrieved on: 
Thursday, October 5, 2023
Partnership, Climate change, Economic development, Ericsson, Business, Commercialization, Government of Canada, The Honourable, EV, Growth, Regenerative medicine, Innovation, Science and Economic Development Canada, Rolls-Royce SMR, Small modular reactor, Social media, Research, Creative industries, Tourism, Renewable energy, Northvolt, Science

We agreed to further develop our countries' bilateral cooperation to promote innovation, research, deployment of cleaner technologies including Small Modular Reactors (SMRs) and their supply chains.

Key Points: 
  • We agreed to further develop our countries' bilateral cooperation to promote innovation, research, deployment of cleaner technologies including Small Modular Reactors (SMRs) and their supply chains.
  • We anticipate increased business collaboration and opportunities to foster the development of strong ecosystems with innovative companies from our two countries.
  • Sweden and Canada are committed to deepening and broadening our bilateral engagement to address these challenges, both now and in the future.
  • In the last year alone we have significant commitments to do more in Canada by several Swedish companies.

Peak Energy Launches from Stealth with $10M Investment to Accelerate the Renewable Energy Transition

Retrieved on: 
Wednesday, October 4, 2023
Eclipse, SunPower, Poverty, Independent, Carbon footprint, Peak, Electricity, Fire, Carbon, Cloud Peak Energy, Rabigh 2 IPP, Chemistry, Growth, Safety, Lithium, Electric battery, Renewable energy, Mathew Mossburg, Northvolt

Sodium-ion is rapidly becoming a proven battery chemistry, offering clean and secure storage at a significantly lower cost and carbon footprint.

Key Points: 
  • Sodium-ion is rapidly becoming a proven battery chemistry, offering clean and secure storage at a significantly lower cost and carbon footprint.
  • With a clear opportunity to ensure affordable energy, Peak Energy is moving fast to industrialize sodium-ion, with a target to lower energy storage costs by up to 50 percent.
  • "Sodium-ion is the key to unlocking the potential of renewable energy and will finally enable power providers to fully decarbonize the grid," said Landon Mossburg , co-founder and CEO of Peak Energy.
  • "Peak Energy has an opportunity to dominate this market, and we're looking forward to partnering with the entire team to accelerate and expand access to affordable, clean storage solutions."

Landmark moment as Scania's battery assembly starts operations

Retrieved on: 
Tuesday, September 5, 2023
Production, Minister charged with the administration of The Crown Corporations Public Review and Accountability Act (Manitoba), Northvolt, Carbon, SEK, Automotive industry

SÖDERTÄLJE, Sweden, Sept. 5, 2023 /PRNewswire/ -- Today marks a historic moment for Scania as its battery assembly at the Swedish headquarters in Södertälje is inaugurated.

Key Points: 
  • SÖDERTÄLJE, Sweden, Sept. 5, 2023 /PRNewswire/ -- Today marks a historic moment for Scania as its battery assembly at the Swedish headquarters in Södertälje is inaugurated.
  • With the battery assembly in operations we have one of the key enablers in place to accelerate the shift to electrification," says Christian Levin, President and CEO Scania and TRATON GROUP.
  • The proof points are being launched one by one and the 1,5 billion SEK investment in this new battery assembly is one of them," Levin continues.
  • The battery assembly will employ 550 Scania colleagues and is highly automated, from incoming goods throughout production to delivery.

Fluence Energy, Inc. Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
News, Table, Bank statement, Policy, Tax Receivable Agreements, GAAP, Cell, EDT, NMC, Adjusted gross income, Inflation, Cautionary tale, PIN, EBITDA, Depreciation, Growth, Inflation Reduction Act of 2022, ITC, Free cash flow, Adjustment, Northvolt, Rare-earth element, Video game, Security (finance), Bank, Radiant exposure

ARLINGTON, Va., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global pure-play provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three months ended June 30, 2023.

Key Points: 
  • Total backlog3 of approximately $2.9 billion as of June 30, 2023, compared to approximately $2.8 billion as of March 31, 2023.
  • We are raising our fiscal year 2023 revenue guidance to a range of $2.0 billion to $2.1 billion and our fiscal year 2023 Adjusted gross profit5 guidance to a range of $117 million to $132 million.
  • Furthermore, the Company is increasing its fiscal year 2023 Adjusted gross profit7 guidance range to $117 million to $132 million.
  • The Company will conduct a teleconference starting at 8:30 a.m. EDT on Thursday, August 10th, 2023, to discuss the third fiscal quarter results.