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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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.; Mitsubishi Motors Corporation (MMC); SHIZUOKA GAS Co., Against this backdrop, the hopes are that the batteries of EV/PHEVs, ownership of which is expected to grow rapidly in the near future, can be effectively utilized as a VPP resource. and Hitachi Solutions, Ltd.—have

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Dongfang Electric reports successful test of direct seawater electrolysis for hydrogen production

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China-based Dongfang Electric Corporation (DEC) reported successful testing of non-desalinated seawater electrolysis technology for hydrogen production powered by offshore wind. The partners said that the successful test validates the feasibility and stability of direct seawater electrolysis technology in a real ocean environment.

Hydrogen 422
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ExxonMobil doubles Permian Basin resources to 6B barrels via acquisitions

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Exxon Mobil Corporation will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 billion barrels of resource, of which 75 percent is liquids.

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Suzuki and Toyota to explore business partnership; environment, safety, and information technology

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Suzuki Motor Corporation (Suzuki) and Toyota Motor Corporation (Toyota) have agreed to start exploring ideas that are directed towards a business partnership. However, as the surrounding environment is changing drastically, we need to have capability to respond to changes in order to survive.

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Panasonic and Marubeni to establish a JV to provide fleet management services for commercial EVs in Japan

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Panasonic Holdings Corporation and Marubeni Corporation will establish a joint venture for the purpose of providing fleet management services for commercial electric vehicles. Panasonic HD and Marubeni aim to provide integrated support for the introduction and operations of EVs to large fleet operators.

Japan 186
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Woodside joins Japanese consortium to study exporting carbon-neutral hydrogen as ammonia

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Australia-based Woodside has signed an agreement with Japanese companies JERA Inc, Marubeni Corporation and IHI Corporation to undertake a joint study examining the large-scale export of hydrogen as ammonia for use decarbonizing coal-fired power generation in Japan.

Hydrogen 321
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Honda aiming to sell 3.5M electric motorcycles per year by 2030

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Envisioning the future market environment, uses and technological advancements, Honda is exploring a range of future personal-use models including ones equipped with a power source besides swappable batteries. Suzuki Motor Corporation and Yamaha Motor Co.—have million units (approximately 15% of total sales) as of 2030.