GE, Abu Dhabi fund strike global partnership
GE and Mubadala Development Co. plan to each allocate $4-billion (US) in equity to the commercial finance venture over three years.
Mubadala is a sovereign fund based in Abu Dhabi, the capital of the United Arab Emirates.
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Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks
WASHINGTON - “There are already many Gigawatt-hours of batteries on wheels”, which could be used to provide balance and flexibility to electrical grids, if the “ultimate potential” of vehicle-to-grid (V2G) technology could be harnessed.
That’s according to a panel of experts and stakeholders convened by our sister site Current±, which covers the business models and technologies inherent to the low carbon transition to decentralised and clean energy. Focusing mainly on the UK but opening up the conversation to other territories and the technologies themselves, representatives including distribution network operator (DNO) Northern Powergrid’s policy and markets director and Nissan Europe’s director of…
