Remove Carbon Remove Commercial Remove Companies Remove Industrial
article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

Carbon 352
article thumbnail

Nucor investing in start-up company Electra developing zero-carbon iron technology

Green Car Congress

Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. Electra’s process results in zero carbon dioxide emissions.

Carbon 293
article thumbnail

Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

Green Car Congress

Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley.

Chevron 334
article thumbnail

DOE awarding $46M to 8 companies to support commercial fusion energy development

Green Car Congress

The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant. ST40 also achieved the highest triple product by a private company.

Fusion 305
article thumbnail

Shipping industry companies launch new zero-carbon shipping research center

Green Car Congress

A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The founding company partners behind this initiative are ABS, A.P. Møller Foundation. Søren Skou, CEO of A.P.

article thumbnail

Li-Metal successfully produces lithium metal directly from lithium carbonate at Ontario pilot plant

Green Car Congress

Li-Metal’s successful demonstration of lithium metal production from carbonate further advances the its vision to establish North American-based lithium metal production capacity that next-generation battery developers can leverage.

Carbon 396
article thumbnail

Suzuki, Daihatsu, and Toyota to unveil mini-commercial van EVs

Green Car Congress

Suzuki Motor, Daihatsu Motor, and Toyota Motor will unveil prototype mini-commercial van electric vehicles (BEVs) equipped with a jointly developed BEV system. The unveiling will take place at an exhibition event that introduces the automobile industry’s efforts to achieve carbon neutrality (CN), from 18-21 May.

Suzuki 448