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Consortium developing green hydrogen megaproject in Oman

Green Car Congress

An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. CCC is a globally diversified company specializing in Engineering and Construction.

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Opinion: Who Will Be Left Standing At The End Of The Oil War?

Green Car Congress

Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data. State-owned oil companies often have many more responsibilities than just producing oil. So the breakeven is elusive. But these are just the costs of lifting oil out of the ground.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. It would also force foreign suppliers to seek other markets for all or part of the exports they previously sent to the U.S. crude will compete with Russian crude in several key markets.

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Micro-components in EVs: small dimensions and tight tolerances (Whitepaper) – Charged EVs

Baua Electric

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