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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

UTM Offshore was incorporated in July 2012 as a privately held Nigerian company. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2 —NJ Ayuk, the Executive Chairman of the AEC.

Nigeria 186
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel? Global Nickel Trade and Chinese Dominance.

China 416
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Russia’s invasion of Ukraine has had a clear impact on energy storage deployments in Europe.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). While demand for low-carbon technologies in the energy sector bounced back strongly in the second half of 2021, supply has struggled to keep up.

Cost Of 210
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will supply guaranteed feedstock of recyclables, and will save between $50 to $75 per ton in landfilling and landfill space costs. The facility will process 42,000 tons of recycled waste annually.

Waste 448
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Magna Q1 internet source of revenue falls 43%, however 2023 outlook improves

Baua Electric

Systems introduced through Magna within the first quarter incorporated launching its ClearView digicam tracking device on Ram 2500 and 3500 heavy-duty vehicles, supplying battery enclosures for Common Motors electrical pickups and offering e-drive techniques for an unnamed top rate automaker primarily based in Europe.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Russia supplied about 30 percent (146.6 The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects.

Russia 150