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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.).
Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.
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.
ECB Group Paraguay and Shell Trading (US) Company signed a multi-year contract that will provide more than 500 million liters (130 million gallons US) of renewable diesel and renewable jet fuel per year to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024.
Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The converter is scheduled to start operations in 2024.
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.
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.
ENGIE has taken the Final Investment Decision in the development of one of the world’s first industrial-scale renewable hydrogen projects, to be located in the Pilbara region of Western Australia. ENGIE and Mitsui intend to operate the Yuri project through this joint venture company. Yuri roadmap.
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. into locally produced, renewable hydrogen for Hyzon’s fleet of zero-emission commercial vehicles.
Royal Dutch Shell will build an 820,000-tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery. Once built, the facility will be among the largest in Europe to produce sustainable aviation fuel (SAF) and renewable diesel made from waste.
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.
Volvo Penta and TICO have completed the build of the first terminal tractor prototypes powered by Volvo Penta’s electric driveline. The Volvo Group recently announced its ambition to be a net-zero emissions company by 2050, at the latest. TICO will build a series of prototypes in close collaboration with Volvo Penta. Next steps.
Neste and Kinder Morgan are transforming existing terminal assets into what can be considered green infrastructure, which will ultimately enable more American businesses and cities to power their fleets and supply chains with renewable fuels and other products. —Jeremy Baines, President of Neste US.
The new fuel, called Blue Gasoline, similarly contains up to 33% renewables, ensuring a well-to-wheel reduction in carbon emissions of at least 20% per kilometer driven. On the road to climate-friendly mobility, we must ensure we don’t leave any technical opportunities untapped, starting with electromobility and ending with renewable fuels.
bp and the Ministry of Energy and Minerals in Oman signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement which will support the potential development of a multiple gigawatt, world-class renewable energy and green hydrogen development in Oman by 2030.
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
Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. consisting of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses; Device Co. New structure: overview of three companies.
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.
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.,
While NuStar has handled conventional jet fuel at its Selby Terminal for decades, the companies are now working together to establish the facility as a hub for low-emission renewable fuels and to make it easier for businesses and cities to access renewable diesel and sustainable aviation fuel. million trees. million trees.
The German government is topping up the funding for private charging stations for electric cars in residential buildings by a further €300 million (US$349 million). The purchase and installation of the wall boxes are supported with a grant of €900 (US$1,050). An average of 2,500 applications were submitted every day.
Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. We know a circular economy with renewable energy is the path, and we have positioned ourselves to be the alternative energy capital of the world. That’s why our partnership with SGH2 is so important.
Eleven companies have formed Hydrogen Forward , a new coalition focused on advancing hydrogen development in the United States. These companies believe that accelerating investment in hydrogen will help the US deliver on its climate goals while creating a stronger economy with new, good-paying jobs.
This project is expected to increase GM’s use of renewable energy to more than 50% of its sourced electricity by 2023, moving GM closer to its goal of sourcing 100% of electricity from renewables in the US by 2030 at GM-owned sites. The plant builds the GMC Acadia and the Cadillac XT5 and XT6, as well as several engines.
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.
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.
Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire Bunge Loders Croklaan’s refinery plant located in Rotterdam, the Netherlands for a purchase price of €258 million (US$302 million). —Neste President and CEO Peter Vanacker.
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.
Ford Motor Company will build two new massive, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. billion BlueOvalSK Battery Park—creating 5,000 jobs.
With the new facility, Topsoe will accommodate the rapidly increasing demand for competitive electrolysis technology, predominantly for green hydrogen plants based on renewable electricity. No rare metals or conflict minerals are used. Development of the automated manufacturing facility that will be the largest of its kind is ongoing.
The US Department of Agriculture (USDA) is investing $26 million to build infrastructure to expand the availability of higher-blend renewable biofuels by 822 million gallons annually in 23 states. The company also will install 13 dispensers at two more fueling stations in Ohio and Kentucky. In Ohio, United Dairy Farmers Inc.
A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” The report was developed with input from 19 companies and organizations: Air Liquide; American Honda Motor Co., Road Map to a US Hydrogen Economy ”.
Aker Solutions is already a leading supplier to oil and gas companies globally and will continue to maintain this market position. In parallel, the company will rapidly grow activities for sustainable energy production. The blue crude process will use renewable electricity, water and CO 2 as feedstocks.
Iberdrola and H2 Green Steel (H2GS, earlier post )have signed an agreement to build a plant with an electrolysis capacity of 1 GW. All locations that H2 Green Steel and Iberdrola are evaluating will have access to renewable energy, as well as all the infrastructure necessary to operate a successful hydrogen, green steel business.
Hyzon Motors, a leading supplier of heavy-duty hydrogen-powered fuel cell electric vehicles, announced a non-binding memorandum of understanding (MoU) with Transform Materials, a provider of renewable hydrogen through its proprietary microwave reactor technology ( earlier post ). —David Soane, Transform Materials’ founder and CEO.
renewable power, producing zero emissions. In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ?megawatt This will be powered by renewable energy generated by an Ørsted offshore ? The companies anticipate the project could be ?operational When powered by renewable ?energy,
Wolfspeed, a global leader in Silicon Carbide technology, will build a new multi-billion-dollar Materials manufacturing facility in Chatham County, North Carolina. Between 2024 and the end of the decade, the company will add additional capacity as needed, eventually occupying more than one million square feet on the 445-acre site.
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.
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.
The two municipalities—which are gradually repopulating—and the two companies involved in the agreement aim to support residents experiencing difficulties with everyday shopping with the establishment of a mobile retail business. FH2R has been constructed with a renewable energy-powered 10MW-class hydrogen production unit.
Electric truck company Tevva and Vattenfall signed a Memorandum of Understanding to explore the opportunity to provide a complete zero-emission transport solution for businesses looking to reduce the overall carbon impact of their operations. Tevva is an electric truck company with optional range extension technology that allows its 7.5-19t
Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year. The 2Q figure, at $3.9
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