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UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. Bibby Wavemaster 1, the model vessel.
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. Raven SR , a renewable fuels company, and Hyzon Motors Inc.,
Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry.
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2023.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales.
Almost all of Mustang Mach-E’s growth to date is coming from customers replacing an internal combustion vehicle with electric—more than 8 in 10 US customers and 9 in 10 European customers—proving that Ford is creating electric vehicles that meet broad customer needs.
Bardin, AIChE’s 2023 President and Global Climate Transition Director at Dow, and Trish Kerin, Director of the IChemE Safety Center, during the 2023 World Hydrogen Summit and Exhibition, taking place May 9–11 in Rotterdam, The Netherlands. The letter of intent was signed on 10 May 2023, by Billy B.
Cummins has begun testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins’ existing technology leadership in gaseous-fuel applications and powertrains. Cummins is thrilled about the potential of the hydrogen engine to reduce emissions and provide power and performance for customers.
The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. billion joint venture plant that GM and LG Chem plan to build in Lordstown, Ohio. GM’s all-new modular platform and battery system, Ultium.
Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership. Earlier post.)
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.
The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company plans to be capable of building an annual 7 million e-axles by March 2026. Nidec has unveiled seven locations that combined would produce 5.7 million e-axles.
In addition to Chattanooga, Volkswagen is building the first dedicated EV production facility in Zwickau, Germany, starting MEB production by the end of 2019. Volkswagen is building up the production capacity needed to sell more than 1 million electric cars per year by 2025.
Ford Motor Company announced that its Kansas City Assembly Plant will build the all-new E-Transit van, part of a more than $3.2 Electric vehicles are a key part of Ford’s commitment meet the requirements of the Paris Accord and achieve carbon neutrality globally by 2050. billion global investment in electrification through 2022.
The company will build two plants with a total capacity of 2 GW to produce green hydrogen. Establishing the Andalusian Green Hydrogen Valley will position Andalusian ports as global leaders in international green hydrogen corridors and in the supply of new sustainable fuels for maritime transport.
subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. Shell Nederland B.V. and Shell Overseas Investments B.V., Five branch-offs to consumers and/or producers of hydrogen have currently been penciled in.
Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). AME remains the majority shareholder of HIF Global LLC.
The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. The agreement is exciting, in part because ICAO has stopped pretending to be a global climate cop. Countries will develop national measures to cut emissions consistent with ICAO’s goal.
Proman has finalized an agreement to build two additional 49,900 dwt methanol dual-fuel MR tankers, bringing its total investment in methanol-powered vessels to six newbuildings. The new vessels will also be built at Guangzhou Shipyard International (GSI), for delivery in Q4 2023.
Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.
Through meaningful engagement with the local community, building out the value chain downstream and around Lithium Valley can drive a just transition for the region, while catapulting the US into a leadership position in the 21 st Century economy. Global electric vehicle market growth is projected to rise from 1.7
Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will occupy a footprint of 44,000 m 2 with the building area of 28,000 m 2.
With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. The Volkswagen Group is bundling its global battery activities in the European company (SE) PowerCo. In building our first in-house cell factory, we are consistently implementing our technology roadmap.
Audi will build EVs at all of its global plants before 2030 ahead of a planned phase-out of internal-combustion models, the automaker said Thursday in a press release.
Building on its commitment to grow an all-electric vehicle range, Ford has invested a further £125 million in its Halewood Plant, on Merseyside in the UK—increasing capacity by 70%—plus £24 million in the supporting E:PRiME product development center.
Under a new Cooperative Research and Development Agreement (CRADA), the three organizations, along with DOE’s Sandia National Laboratories, will work together to build more accurate fuel spray models and integrate them into full engine simulations. Endurant HD Fuel spray model. Image by Cummins.). Image by Cummins.).
to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components. This builds upon the collaboration of the hydrogen industry that achieved a global standard fueling interface for light-duty fuel cell electric vehicles. H70HF fueling nozzle and components. Source: Nikola.
To date, HHI Group has won orders to build a total of 44 vessels operating on LNG, including bulk carriers, tankers and container ships, earning the leading spot in global shipbuilding orders.
the leading global provider of auxiliary wind propulsion systems, announced the installation of five tilting Rotor Sails ( earlier post ) on board a new-build Very Large Ore Carrier (VLOC) chartered by Vale, the Brazilian mining company. Norsepower Oy Ltd.,
At the 10th Clean Energy Ministerial (CEM10) meeting, a new international hydrogen partnership was announced under the leadership of the United States, Canada, Japan, the Netherlands and the European Commission with participation of several other CEM member countries.
Within this context, the company is building on the industrialization expertise of two established international automotive suppliers: ElringKlinger and Plastic Omnium. The agreement includes the development of a custom-made stack for the global OEM’s future mass-produced vehicle that is to be powered by a fuel cell.
The new partnership is in addition to British Airways’ existing partnership with Velocys to build a sustainable aviation fuel plant in the UK, which could produce SAF from 2025. British Airways’ parent company, International Airlines Group, will be investing US$400 million in sustainable aviation fuel over the next 20 years.
The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.
Noting that the BBNJ decision builds on the legacy of the UN Convention on the Law of the Sea (UNCLOS), UN Secretary-General António Guterres commended all parties for their ambition, flexibility and perseverance, and saluted Ambassador Rena Lee, of Singapore, for her leadership and dedication.
This dedicated EV architecture and propulsion system is the foundation for GM’s all-electric future, giving the company the capability not only to build an entire retail and commercial portfolio, but also leverage the technology to expand its business to non-automotive applications. GMC HUMMER EV.
Building on our many decades of innovation, we will also explore the use of Reaction Engines’ technology within our aerospace gas turbines and its potential application in future hybrid-electric propulsion systems, as we look to make flying ever more efficient and sustainable.
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 Most of this (56%) will be put towards building 1.2
The expansion in Belgium adds to Cummins’ already scaling global electrolyzer manufacturing footprint. The company has added capacity at its Mississauga, Canada, facility and is building two new electrolyzer factories in Spain and China, each starting at 500MW of manufacturing capacity and scalable to 1GW.
Wipro Limited, a global information technology, consulting, and business process services company, announced the successful implementation of a blockchain-based small-scale liquefied natural gas (ssLNG) trading/fulfillment platform for Uniper Global Commodities SE and its 100% LNG-for-trucks subsidiary Liqvis GmbH.
General Motors plans to invest $632 million in Fort Wayne Assembly to prepare the plant for production of the next-generation internal combustion engine (ICE) full-size light-duty trucks. Fort Wayne builds the Chevrolet Silverado 1500 and GMC Sierra 1500. billion in Indiana manufacturing operations since 2013.
Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. Despite these developments, the global distribution of ZEVs remains deeply uneven, the report says.
Enhancing global security and partnership with allies. The Strategy builds on work already underway within the government, including investments over the past year throughout the critical minerals value chain and a recent approval of a palladium mine in the critical minerals space.
Volta builds and operates an EV charging network with the highest utilization in the United States. Volta’s business model centers around evolving spending habits caused by the move to electric vehicles by building charging infrastructure that reinforces the desired behavior at each location.
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