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Snam invests €33M in electrolyzer manufacturer ITM Power

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As part of the partnership, Snam will have the opportunity to gain relevant technical skills in the sector, with the entry of its representatives in two committees (Strategic Advisory Committee and Technology Management Committee) that support the board of ITM Power in key decisions on commercial activities and research & development.

Power 243
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Dimeta and Enerkem collaborate on large scale waste-to-DME projects in Europe and US

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Enerkem, a producer of bio-methanol from mixed waste at commercial scale, and Dimeta, a joint venture between the two of the largest off-grid energy suppliers, are initiating feasibility studies for the development of two large-scale projects that will convert waste into renewable and recycled carbon dimethyl ether (DME).

Waste 150
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Report: CCS capacity increased 33% in 2020

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Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. Source: 2020 Global Status on CCS. World map of CCS facilities at various stages of development.

2020 332
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Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites

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Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc. The joint venture will be 65% owned by Axion and 35% owned by Sicut.

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IEA: Electric vehicles posted strong gains in 2016; 2M now in global parc

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With more than 750,000 units sold over the year, the number of electric vehicles in the global parc—primarily Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs)—surpassed 2 million units in 2016, following a year of strong growth in 2015, according to the International Energy Agency’s Global EV Outlook 2017.

2016 186
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The Global Outlook of Electric Vehicles

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In total, the International Energy Association reports , 6.6 Needless to say, EV sales are increasing globally. How is the United States doing with electric vehicle adoption? Manufacturer challenges On the manufacturing side, global demand for EV batteries doubled in 2021, driven largely by China’s EV sales.

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In-wheel electric drive company Protean Electric raises $40M; JV with Weifu

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The Series E financing proceeds will support Protean’s on-going business activities and help to establish a global licensing model covering all key markets. Protean maintains operations in the United Kingdom, China and the US, with its manufacturing plant at Tianjin, China. —Kwok-Yin Chan, CEO of Protean Electric.

Companies 170