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Fate of EU green taxonomy ‘now in the hands of von der Leyen’

European Commission President Ursula von der Leyen has taken charge of a soon-to-be-published list of sustainable investments amid controversy around the possible classification of fossil gas and nuclear energy as “green” or “transitional” activities under certain conditions, according to several sources familiar with the process.

read more... 13/12/2021

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Daimler supervisory board OKs $68B investment plan for Mercedes

Daimler's supervisory board signed off an investment plan worth over 60 billion euros ($67.88 billion) for the Mercedes-Benz passenger car and vans businesses between 2022 and 2026.

read more... 06/12/2021

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Snam eyes investments of 23 billion Euros to 2030 to speed green drive

Europe's biggest gas pipeline company Snam sees 23 billion euros ($26 billion) of investment opportunities over the next nine years as it boosts spending to get its network ready for hydrogen and the transition to cleaner energy sources.

read more... 30/11/2021

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Nissan Motor announces $18 billion investment to boost EV business

Japan's Nissan Motor Co. aims to invest Yen 2 trillion ($17.6 billion) over the next five years to expand its electric vehicle business, the vehicle maker said Nov. 29, which includes establishing EV refurbishing plants in Europe and the US by March 2026.

read more... 30/11/2021

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Enel announces $190bn investment to become net-zero by 2040

Italian energy company Enel has announced plans to invest €170bn ($190bn) by 2030 to finance its renewable energy and network businesses.

read more... 26/11/2021

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