- “Scottish Renewable Energy Output Hits Record Level Amid Soaring Bills” • Scotland produced a record amount of renewable energy at the start of summer this year, a report says. Higher wind speeds, increased rainfall, and additional capacity coming online helped boost the country’s output to 7,358 GWh in April, May, and June, up 36% from 2021. [STV News]
- “Nissan Sells Its Business In Russia For €1, Focuses Instead On New EV Enterprise With Renault” • Nissan is on the brink of investing $500 million to $750 million in Renault’s EV business. So what if it loses $687 million or so as it hands over its business in Russia to a state-owned entity for €1? The automaker swears it can maintain its earnings forecast. [CleanTechnica]
- “Biden Administration Outlines Plan To Pay For Colorado River Water Cuts As Crisis Looms” • As concerns grow over the future of the drought-plagued Colorado River system, the Biden administration has announced how it intends to pay farmers, cities and Native American tribes in the Southwest for significant, voluntary water cuts. [CNN]
- “Honda Announces Major EV Manufacturing Investment In Ohio” • At a press conference with Governor Mike DeWine, Honda and LG Energy Solution said they will invest $4.2 billion and create a combined 2,527 new jobs in Ohio between building a new EV battery factory in Fayette County and the retooling of existing Honda plants to make EVs. [CleanTechnica]
- “Inflation Reduction Act Spurs Changes In US Electric Vehicle Production” • The Inflation Reduction Act is barely 2 months old and already there are news reports galore of battery plants being built in America, new lithium mining agreements, and EV plants being built. Major corporations are adjusting their plans to take advantage of the economic reality. [CleanTechnica]
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