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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley.

Chevron 334
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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Chile to nationalize lithium industry

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Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

Chile 459
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Automotive industry develops new guidance for measuring recycled content of automotive products

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The Suppliers Partnership for the Environment (SP) and the Automotive Industry Action Group (AIAG) have published a new guidance document, “ Measuring Recycled Content of Automotive Products.”. Source: “ Measuring Recycled Content of Automotive Products ”. Simplified process flow.

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Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

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Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry. Earlier post.).

Hydrogen 319
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. Last year, mergers and acquisitions (M&A) deals reached $24.4 mtpa active and upcoming capacity combined.

Hydrogen 473
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Ducker survey of automakers suggests aluminum content surge in EV market; SUVs & pickups to constitute 85% of the BEV market by 2030

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A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. Greater collaboration with automakers will bring to life this vision, set forth by the aluminum industry in its 10-year roadmap.

Market 449