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Zeon Corporation invests in Mitra Chem; LFP cathode materials

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Japan-based Zeon Corporation, through its venture capital arm Zeon Ventures Inc., Mitra Chem is one of the select few companies in the United States aiming for the large-scale commercial production of LFP batteries, which it seeks to achieve using its proprietary machine learning platform to develop cathode materials for these batteries.

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JERA and IHI to demo ammonia co-firing at a large-scale commercial coal-fired power plant

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This will be the world’s first demonstration project in which a large amount of ammonia will be co-fired in a large-scale commercial coal-fired power plant. Ammonia enables efficient, low-cost transport and storage of hydrogen. The two companies are moving forward with design and construction.

Coal 348
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Suzuki and Daihatsu join CJP to apply CASE technologies in mini-commercial vehicles in Japan

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Suzuki Motor Corporation and Daihatsu Motor Co., have joined the Commercial Japan Partnership (CJP) commercial vehicle project ( earlier post ) to accelerate their carbon neutrality initiatives in minivehicles through the dissemination of CASE technologies (connected, autonomous, shared and electric) and services.

Suzuki 186
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Umicore announces equity investment in solid-state battery company Solid Power

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Following the announcement by solid-state battery company Solid Power that it will become a publicly listed company through a special purpose acquisition company (SPAC), materials technology company Umicore announced that it holds a stake in Solid Power’s pre-SPAC transaction. billion pro forma enterprise value.

Companies 207
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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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(CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation.

Chevron 351
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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” DeepGreen Metals Inc., Source: DeepGreen.

Companies 418
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Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

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Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry. Earlier post.).

Hydrogen 319