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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany. RWE wants to be climate-neutral by 2040.

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The Metals Company and Low Carbon Royalties form strategic partnership

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to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc.

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Germany approves €900M for green hydrogen project H2Global

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Therefore, we are already starting the international ramp-up of the hydrogen economy and building long-term value creation and supply chains through the H2Global instrument. is expected to pay more in purchasing than it can collect through sales. —Robert Habeck, Federal Minister of Economic Affairs and Climate Protection.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

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For example, these could involve predictive maintenance, supply chain transparency or digital retail. The startups will be minority owned by Porsche, with the option to purchase them entirely after three years. The startups’ focus will revolve around Porsche’s core activities. Above all, we strive for new sources of innovation.

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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

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has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

Supplies 150
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Get H2 partners propose green hydrogen pipeline in Europe

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Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. From 2024 this will be used to supply the bp refinery in Gelsenkirchen. The IPCEI program can finance the network construction in part. The definition of the electricity purchase criteria is still outstanding here.

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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022. This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money.