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Siemens Energy to supply 1.8GW of electrolyzers to HIF Global for Texas eFuels facility

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eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.

Texas 397
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Energy ECS company McDermott joins H2@Scale in Texas and Beyond

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McDermott International, a premier, fully-integrated provider of engineering and construction solutions (ECS) to the energy industry, has joined a consortium of public, private and academic partners collaborating on a US Department of Energy (DOE) project—Demonstration and Framework for H2@Scale in Texas and Beyond.

Texas 199
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Mitsubishi Power & Texas Brine partner on large-scale salt cavern storage for hydrogen to support decarbonization efforts in the eastern US

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Mitsubishi Power Americas and Texas Brine Company are collaborating to develop large-scale long-duration hydrogen storage solutions to support decarbonization efforts across the eastern United States. Texas Brine gas storage cavern wellhead. Credit: Texas Brine Company).

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Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M tons by 2040.

Companies 448
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Tesla’s $25,000 car to be built at Giga Texas, then Giga Mexico: Elon Musk

Teslarati

Tesla CEO Elon Musk has shared some new details about the automaker’s plans for its next-generation, $25,000 electric vehicle (EV), including that it will be built first in Austin, Texas. On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event.

Mexico 142
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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

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General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. This strategic collaboration seeks to accelerate the restoration of the US rare earth supply chain at commercial scale with high resiliency and environmental sustainability.

GM 221
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Uranium Energy Corp completes acquisition of Uranium One Americas; largest uranium mining company in US

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Also, the opportunity to have acquired an advanced asset base of this quality from one of the global leaders in the nuclear energy industry is highly unique. million pounds U 3 O 8 per year based on permitted and installed capacity of our Wyoming and South Texas hub-and-spoke operations. —Amir Adnani, President and CEO.

Wyoming 435