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KHNP, Samsung Heavy and Seaborg to develop compact molten salt reactor-based floating nuclear power plants

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The consortium aims to enable timely commercialization and a scalable export of factory-produced CMSR-based floating nuclear power plants worldwide, offering improved efficiency and inherent safety characteristics. Unit 1, 2, and 3 entered into commercial operation, and unit 4 is under commissioning test.

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Intelligent Energy and Suzuki Motor Corporation establish joint venture company to develop and manufacture fuel cell systems

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Intelligent Energy and the Suzuki Motor Corporation have created a joint venture company called SMILE FC System Corporation to develop and manufacture air-cooled fuel cell systems for a range of industry sectors. SMILE FC System Corporation will be headquartered in Hamamatsu City, Shizuoka, with operations initially based in Yokohama.

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Nikkei: GS Yuasa entering EV battery market as early as next year

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million lithium-ion batteries for hybrids since 2009. In April, GS Yuasa Corporation announced that it had been selected for the NEDO Green Innovation Fund’s Next-Generation Storage Battery project. Funding from the Green Innovation Fund will help to accelerate the development and commercialization of the new battery.

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A123 Systems to license Li-ion battery system technology to IHI Corporation; IHI makes $25M equity investment in A123

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A123 Systems has expanded its business development partnership with IHI Corporation, one of the largest industrial equipment manufacturers in Japan. A123 will license its battery system technology to IHI, which will develop solutions for passenger and commercial electric vehicles in Japan using A123 battery cells.

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Four new corporate partners join DOE National Clean Fleets Partnership

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Four new corporate partners—Best Buy, Johnson Controls, Pacific Gas and Electric, and Veolia—are joining the US Department of Energy’s (DOE) National Clean Fleets Partnership, a broad public-private partnership that assists the nation’s largest fleet operators in reducing the amount of gasoline and diesel they use nationwide.

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Japan Airlines conducts first flight with blend of two different types of SAF

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As a first step forward the commercialization of domestically-produced SAF around 2030, SAF produced at the demonstration plants has now passed the quality inspection and became available for use in actual flights. Toyo Engineering Corporation/JERA Co., the other by IHI Corporation.

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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. since 2015.

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