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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

Clean 429
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Rolls-Royce commissions test bench for mtu hydrogen engines for climate-neutral power supply

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Over the past year and a half, the company has invested around €10 million at Rolls-Royce Solutions in Augsburg in test bench modernization, hydrogen infrastructure and other measures as part of its ‘Net Zero at Power Systems’ climate protection program. Otto Preiss, Rolls-Royce Power Systems Chief Technology Officer and COO.

Climate 199
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Octillion Power Systems enters US bus market to supply batteries for motorcoaches, city buses

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The order marks the company’s first time supplying batteries for motorcoaches and buses in North America. With its entry into the motorcoach and bus markets, Octillion’s batteries will be used to repower popular models including Van Hool T2145e highline touring coaches and TD high-capacity double-deck coaches to 100% battery-electric power.

Supplies 418
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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Our ultimate goal is to fight climate change and build a sustainable future. Climate change and on-going supply chain issues will accelerate the transition to clean energy sources. million km as of 30 April 2022.

Hyundai 468
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Neste celebrates opening of €1.6B Singapore expansion; SAF supply chain to Changi Airport

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Integrated SAF supply chain to Singapore Changi Airport. To support its aviation customers across the globe in achieving their climate targets by reducing their emissions with SAF, Neste is also developing a global network of airports where it has the capability to supply SAF directly into aircraft.

Singapore 434
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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

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The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

Supplies 243