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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

Green Car Congress

Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). To this end, the company has a project portfolio of 2,400 MW in different regions, mainly in Spain, the United States and Australia.

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Velodyne Lidar acquires AI software company Bluecity

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Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. According to Yole Intelligence, part of Yole Group, the smart infrastructure market for lidar will grow from $108M in 2021 to $1.1B

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. Last year, mergers and acquisitions (M&A) deals reached $24.4 mtpa active and upcoming capacity combined.

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Loop Energy partners with ARCC to expand into promising Australian hydrogen bus market

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Loop Energy, a designer and manufacturer of hydrogen fuel cell solutions, will enter the promising Australian bus market as a supplier of fuel cell modules to Aluminium Revolutionary Chassis Company (ARCC), the developer and manufacturer of Australia’s first lightweight bolted aluminum city bus chassis. Earlier post.)

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Mitsubishi Fuso to deliver 20 eCanter trucks to Australia Post

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Mitsubishi Fuso Truck and Bus Corporation will deliver 20 units of the all-electric eCanter truck to the Australia Post fleet. In October, Australia Post will become the first local customer to integrate the electric light-duty truck into its daily operations.

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Germany and Australia to establish alliance on green hydrogen supply chain

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German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

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Rio Tinto acquires high-grade scandium project in Australia

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From a 5.4wt bulk sample pilot tested, the company produced 99.99% Sc 2 O 3 (scandium oxide). It is considered a critical mineral by the United States, Canada, Australia and many other countries. PSP is a laterite ore deposit; two-thirds of world nickel production comes from similar laterites.

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