Candela, the Swedish electric boat maker known for its hydrofoil recreational boats and commercial ferries, is grabbing headlines yet again. This time the company is announcing a new C-series funding round and the first P-12 electric ferry headed to the US. The P-12 is the company’s first operational hydrofoil electric ferry, and it builds upon … Continue reading “Lake Tahoe getting hydrofoil electric ferry as Candela lands major deal”
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Many of the world’s largest cement manufacturers, such as Cemex, Heidelberg Materials, and Holcim, are working on these options, in some cases with government support. But it’s far from clear whether carbon capture and storage is a technically and financially viable option for an industry that competes globally on very tight profit margins. Meanwhile, a variety of … Continue reading “Fortera lands $85M to scale up low-carbon cement”