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a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc., Earlier post.).
Raven SR , a renewable fuels company, and Hyzon Motors Inc., a global supplier of hydrogen fuel cell-powered commercial vehicles, announced a joint venture to build up to 100 hydrogen hubs across the United States and globally. As a non-combustion process, there is no ash, no slag, build up, or hotspots in the equipment.
Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.
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). A small dimethyl ether (DME) plant will be built either onsite or at another location, producing renewable DME from methanol for local industry.
Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.
SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. SunGas Renewables anticipates BLRE will invest approximately $2 billion to construct the project at the former International Paper facility in Rapides Parish.
earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. Viridos Inc., —Viridos’ CEO, Dr. Oliver Fetzer.
Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. Hyundai Motor signed an MOU with Shanghai Electric Power Co., Shanghai Sunwise New Energy System Co.,
the developer of a technology to produce renewable hydrogen using sunlight and water ( earlier post ), is working with Suzhou GH New Energy Co. Our relationship with them has also connected us to other high-quality and economical suppliers for the processing of the cells and building modules. HyperSolar, Inc., ZL201580026002.0
The project, which is supported by a long-term commercial commitment from Neste, is expected to commence operations in the first quarter of 2023. It enhances Neste’s leading position, building on the company’s more than 15-year head start in creating an end-to-end renewable product value chain.
entered into a three-year supply agreement with The Chemours Company to acquire a minimum of 2,500 tons per year of natural monazite sands, one of the highest-grade rare earth element (REE) minerals in the world. The company has a goal to process 15,000+ tons of monazite and other sources of ore per year for the recovery of REEs and uranium.
Stora Enso is investing €10 million to build a pilot facility for producing bio-based carbon materials based on lignin. Lignin is one of the main building blocks of a tree. With the pilot facility we will continue to build on our long-term work in extracting lignin from biomass to create more value from it.
Japan-based biotechnology company euglena ( earlier post ) has completed the construction of its demonstration-scale biorefinery in Yokohama for the production of renewable jet and diesel fuels from algae and waste oil. Euglena expects its renewable jet fuel to qualify for ASTM certification by next spring.
Australia-based Hysata, which is commercializing capillary-fed electrolysis technology developed at the University of Wollongong ( earlier post ) has closed its oversubscribed Series A funding round of $42.5 2022) “A high-performance capillary-fed electrolysis cell promises more cost-competitive renewable hydrogen.” Hoang, A.L.,
Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. In 2002, Suncor partnered with Enbridge to build one of the first renewable.
Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal.
The two companies plan to build the first US modular thermochemical waste-to-hydrogen production facility in California in the fourth quarter of 2020, with a pipeline of additional projects to follow in 2021. Ways2H Inc., Ways2H Inc.,
Australia-based Lynas Rare Earths Limited entered into an agreement with the US Government to build a commercial Light Rare Earths separation plant in the United States, through a wholly owned subsidiary, Lynas USA LLC. Lynas will also be expected to contribute approximately US$30 million under the agreement.
Volta, an electric vehicle (EV) charging and media company, announced that a project application it collaborated on with Imagen Energy, a developer of compact high-power EV chargers, was awarded a $12-million grant from the US Department of Energy Advanced Research Projects Agency-Energy (ARPA-E). Earlier post.).
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. We believe that there is no way around hydrogen to realize the energy transition towards renewables. million km as of 30 April 2022.
has developed a proprietary catalytic process that transforms low-cost commercially available, or even waste by-product, renewable alcohols into renewable isoprene that would be expected to compete head-to-head on price with natural and petroleum-based chemical equivalents while reducing CO 2 emissions.
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. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen Metals Inc., DeepGreen stands above the rest.
Raven SR, a US-based renewable fuels company ( earlier post ), plans to build a waste-to-hydrogen production facility in Aragón, Spain, following the opening of its subsidiary Raven SR Iberia in Zaragoza, announced earlier this month. As a non-combustion process, there is no ash, no slag, build up, or hotspots in the equipment.
With the new facility, Topsoe will accommodate the rapidly increasing demand for competitive electrolysis technology, predominantly for green hydrogen plants based on renewable electricity. —Amy Hebert, Chief Commercial Officer of Haldor Topsoe. No rare metals or conflict minerals are used. Resources. Blennow, A. Hansen, J.
EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. As a result, the carbon footprint of the production process could even be negative.
ABB and Canada-based Hydrogen Optimized have signed an agreement to expand the companies’ existing strategic relationship. KEY), the parent company of HOI, as they seek to accelerate the fast-emerging green hydrogen production segment with unique large-scale architecture. This includes an investment by ABB into Key DH Technologies Inc.
British Airways will power future flights with sustainable aviation fuel produced from sustainably-sourced ethanol, as part of a new partnership with sustainable jet fuel company LanzaJet. British Airways’ parent company, International Airlines Group, will be investing US$400 million in sustainable aviation fuel over the next 20 years.
The Volkswagen Group is establishing a Group company for energy offerings and charging solutions, underlining its strategic goal of becoming a leading provider of sustainable mobility. The new company will play its part with energy offerings from renewable sources and smart charging solutions. —Thorsten Nicklaß.
Sustainable materials leader Genomatica and Japan-based diversified global manufacturer Asahi Kasei announced a strategic partnership to commercializerenewably-sourced nylon 6,61 made from Genomatica’s bio-based HMD (hexamethylenediamine, also abbreviated as HMDA) building block.
Clean Energy Fuels Corp delivered 143 million gallons of Redeem Renewable Natural Gas (RNG) last year as robust sales of the carbon-neutral transportation fuel continued in 2019, closing out the year with significant deals throughout North America.
TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.
The $300-million investment will build on Electrify America’s initial priorities and expand into new areas, where the need for electric vehicle charging stations and technology are greatest or are most likely to be used regularly.
Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. We have also announced the expansion of our Rotterdam renewables refinery. CIM, import terminal at Le Havre.
Neste, the leading provider of renewable diesel and sustainable aviation fuel, and an expert in delivering drop-in renewable chemical solutions, has acquired a minority stake in Sunfire GmbH , a developer of high-temperature electrolysis technology. One of these fields of innovation is Power-to-X.
Yamato Transport and Commercial Japan Partnership Technologies Corporation (CJPT) will begin studying the standardization and commercialization of replaceable and rechargeable cartridge batteries. CJPT intends to advance plans for commercial BEVs powered by cartridge batteries.
Chevron USA, through its Chevron Products Company division, and Cummins announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. —Andy Walz, president of Chevron’s Americas Fuels & Lubricants.
Vertical Aerospace is a key collaboration for Rolls-Royce Electrical as it marks its first commercial deal in the UAM market and builds on previous agreements to work with partners on demonstrator programmes.
The BMW Group company is investing in an innovative method for CO 2 -free steel production developed by American startup Boston Metal ( earlier post ), through its venture capital fund, BMW i Ventures. Boston Metal is commercializing molten oxide electrolysis (MOE), a patented tonnage metals production platform.
Oberon Fuels announced commercial availability of a blend of propane and Oberon’s renewable DME (dimethyl ether). the third-largest propane supplier in the US, is the first company to make this more sustainable blended product available to its customers across Southern California. Oberon partner Suburban Propane Partners, L.P.,
Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. The “Iron Ore Challenge”: Commercial iron ores with iron content of 62% or higher are projected to be in short supply by the early 2030s.
ANGI Energy Systems, a Vontier company announced a strategic collaboration with Nikola Corporation to support Nikola’s plan to create the largest North American open-network of commercial hydrogen refueling stations by providing technically advanced hydrogen fueling dispensers, under Nikola’s HYLA brand. Earlier post.)
SHV Energy and LanzaTech are partnering to employ LanzaTech’s Carbon Capture and Transformation (CCT) technology to bring renewable propane and other sustainable fuels to the market via existing and novel pathways. Additional plants are under construction globally. Additional plants are under construction globally.
Volvo Trucks already offers battery electric trucks and trucks that run on renewable fuels, such as biogas. Customer pilots will start in a few years from now and commercialization is planned for the latter part of this decade. Volvo Trucks has started to test its hydrogen fuel cell powered trucks. —Roger Alm.
million tranche to subsidiary Aemetis Biogas to build, own and operate dairy biomethane digesters, pipelines and gas cleanup/compression facilities primarily under 20-year agreements with dairy farms in California. and funded the first $8.3-million Aemetis’ senior lender, Third Eye Capital, is a major investor in Protair-X Technologies.
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