Canoo Inc., a mobility company, planned to use its electric vehicles in a pilot program by Red Sea Global (RSG), the developer behind the regenerative tourism destinations. The Red Sea and AMAALA Red Sea Global plan to set up pilot Canoo’s Lifestyle Vehicle (LV), i.e., Lifestyle Delivery Vehicle (LDV) 190, and the Bulldog pickup truck. The Canoo vehicles are claimed to be piloted for travel between Red Sea Global’s international airport by its various resorts, facilities, and excursions. This trial is expected to help tailor Canoo’s zero-emission vehicles to RSG’s use cases and mobility needs. Canon’s premium LV will provide…
Author: Chitrika
SolarEdge Technologies, a smart energy technology company, has announced the acquisition of the entire share capital of Wevo Energy Ltd. (Wevo) a software startup specializing in electric vehicle (EV) charging. They collaborated for the optimization and management of sites with large quantities of EV chargers such as apartment buildings, workplace carparks, and public charging locations. Wevo’s an EV charging management system company whose software is designed to be vendor-agnostic and support industry-leading open protocols, enabling multi-user pricing and billing, tiered prioritization of charging schedules, predictive load management, and a range of additional services. To date, Wevo has electrified many thousands…
The European Bank for Reconstruction and Development (EBRD), in collaboration with Meridiam and Hassan Allam Utilities (HAU), are raising capital in HAU Energy BV, a new platform established to invest in renewable energy projects primarily in Egypt and potentially other countries in Africa.The investment is estimated to promote private sector participation in the Egyptian power sector. It also claims to facilitate the government’s decarbonization plans by expediting the roll-out of renewable energy projects and contribute to Egypt’s green energy transition.This endeavor stands as a cornerstone project under the 10 GW renewables programme of Egypt’s EBRD-led energy pillar of the Nexus…