article thumbnail

SK Inc. Materials initiates blue ammonia business with offtake agreement with ExxonMobil

Green Car Congress

SK seeks to import blue ammonia produced from ExxonMobil to South Korea in support of reducing industrial emissions. The window for blue ammonia offtake will coincide with South Korea’s Ammonia Co-firing initiative, and SK has plans to introduce blue ammonia solutions to further support the Clean Energy transition.

article thumbnail

SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Green Car Congress

Bloom’s technologies can be critical in enabling South Korea to execute on its government-mandated Hydrogen Economy Roadmap. Bloom’s existing partnership with SK E&C has already sold 120 megawatts (MW) of fuel cells in South Korea, generating more than $1 billion in equipment and future services revenue for Bloom.

Hydrogen 386
article thumbnail

LOTTE, Sumitomo of Americas and Syzygy Plasmonics to partner on photocatalytic cracking of ammonia to produce hydrogen

Green Car Congress

Syzygy Plasmonics , LOTTE Chemical and LOTTE Fine Chemical (LOTTE Chemical HQ), and Sumitomo Corporation of Americas (SCOA) announced a joint development agreement to test a photocatalytic reactor for clean hydrogen production. The traditional thermal cracking of ammonia uses high heat and pressure to convert it to hydrogen gas.

Hydrogen 413
article thumbnail

Denmark, Norway, and US to lead Zero-Emission Shipping Mission

Green Car Congress

The Mission will also be supported by the governments of India, Morocco, the UK, Singapore, France, Ghana, and South Korea. Mission Innovation is a global initiative of 24 countries and the European Commission working to accelerate clean energy innovation. The objective is to help move clean energy solutions from lab to market.

Denmark 342
article thumbnail

Doosan to develop Ceres-based SOFC system for ships

Green Car Congress

In October, Doosan and Ceres announced a strategic collaboration which includes the building of an initial 50MW manufacturing facility for the manufacture under licence of Ceres’ fuel cell stacks in South Korea. Marine fuel cells can contribute to compliance with greenhouse gas emissions regulations in the industry.

article thumbnail

Group14 Technologies acquires Schmid Silicon

Green Car Congress

Group14’s acquisition of Schmid Silicon ensures a secure supply of silane gas, a critical precursor for Group14’s award-winning silicon battery technology, SCC55.

article thumbnail

Samsung Ventures makes strategic investment in renewable fuels company Raven SR

Green Car Congress

In 2021, Raven SR attracted funds totalling $20 million from global oil and gas major Chevron, Japanese trading house ITOCHU, hydrogen mobility leader and innovator Hyzon Motors, and Ascent Hydrogen Fund. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

Renewable 199