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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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Chiyoda Corporation, which is headquartered in Japan, will serve as NTU’s key partner in the project, and will offer technical contribution based on their proprietary dehydrogenation catalyst technology, SPERA Hydrogen ( earlier post ), to the University to be developed and implemented on a national scale.

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Sumitomo to develop ammonia-fueled bulker with Oshima, explore ammonia fuel business with Keppel

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Sumitomo Corporation will launch a full-scale project to design and develop an ammonia-fueled dry bulk carrier jointly with Oshima Shipbuilding Co., Oshima Shipbuilding has been manufacturing and selling dry bulk carriers jointly with Sumitomo Corporation since 1973. Speed is to be 14.3

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Autonomous driving software company nuTonomy closes $16M A round

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In Singapore, where nuTonomy has strong governmental support, the round included participation from EDBI, the dedicated corporate investment arm of the Singapore Economic Development Board. The funding included significant participation from prior investors Fontinalis Partners and Signal Ventures.

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Singapore LTA selects nuTonomy for trials of autonomous mobility-on-demand transportation service; new AV testing center

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In addition to Delphi ( earlier post ), Singapore’s Land Transport Authority (LTA) has also selected nuTonomy to begin trials of an autonomous mobility-on-demand transportation service. Singapore-based nuTonomy is the first, and to date, only private enterprise approved by the Singapore government for the testing of AVs on public roads.

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Cellulosic biogasoline company Cool Planet completes second close of D Round, raises another $19.4M; $60M total

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Cool Planet will use a portion of the equity raise to finalize engineering design for the company’s first commercial facility. This work will be supported by leading international engineering firm, URS Corporation, as the company recently announced.

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Nissan begins global proving tests for NV200-based EVs for compact commercial market

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will begin global proving tests this month of an electric vehicle (EV) based on the compact commercial vehicle NV200. Later, similar proving tests will be carried out both in Japan and Europe, where similar evaluations will be carried out with other companies. Nissan Motor Co., For the first phase, the Japan Post Service Co.

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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

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The new shareholder group was led by KERN Partners and included Government of Singapore Investment Corporation (GIC) and two large Canadian institutional investors, while existing major shareholders Warburg Pincus LLC and Blackstone Capital Partners participated for a significant portion of the financing. Scotia Waterous Inc.

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