$400 million electric heavy equipment order from China is biggest ever (so far)

  • November 30, 2024
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Australian mining company Fortescue is making headlines again, after it placed a huge, $400 million order for over 100 new electric equipment assets with Chinese heavy equipment company XCMG (Xuzhou Construction Machinery Group). The deal is the largest single equipment export deal in XCMG’s history. The $400 million contract also marks XCMG’s largest mining equipment […]

BMW plans to switch Regensburg plant logistics fleet to hydrogen

  • November 30, 2024
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Bavarian automaker BMW has announced plans to convert the intralogistics fleet at its Regensburg plant from battery to hydrogen power, with FCEV forklift and tugger trucks set to replace the entirety of its existing fleet by 2030. Despite sales of BMW’s battery electric starting to take off, the propeller company is still investing heavily in […]

How GE Vernova plans to deploy small nuclear reactors across the developed world

  • November 30, 2024
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GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Vernova GE Vernova is aiming to deploy small nuclear reactors across the developed world over the next decade, staking out a leadership position in a budding technology that could play a central role in meeting surging electricity demand and reducing carbon dioxide […]