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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

Green Car Congress

Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 billion (A$15.7 billion and adjusted EBITDA of approximately US$1.2

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Raven SR & Hyzon Motors to build up to 100 waste-to-hydrogen hubs

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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. into locally produced, renewable hydrogen for Hyzon’s fleet of zero-emission commercial vehicles. Definitions and 40 CFR § 260.10 Definitions).

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

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Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Archer taps FCA to accelerate eVTOL production

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Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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Ballard announces definitive agreements with Azure Hydrogen for China fuel cell bus program; next-gen FCvelocity-HD7 module

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Further to the MOU announced on May 28 ( earlier post ), Ballard Power Systems has signed multi-year definitive agreements to support Azure Hydrogen’s fuel cell bus program for the China market. Government of Canada which helps commercialize Canadian clean technologies, readying them for growth and export markets.

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Next Fuel, Inc. signs definitive agreement to field test coal-to-gas technology in China; Chinese partner makes strategic investment

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If the field tests are successful, the parties intend to negotiate a definitive long term license agreement. The company claims that the CTG technology can rejuvenate, resume, and enhance gas production at an attractively low cost. Next Fuel, Inc., Field testing is scheduled to begin by the end of July 2011.

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