Amazon invests in electrofuels company Infinium

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Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals. Carbon Capture and Conversion (CCC) Fuels Hydrogen Hydrogen Production Power-to-Gas

7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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Seven companies— ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam, and Yara— announced a global coalition that will accelerate the scale and production of green hydrogen 50-fold in the next six years, helping to transform the world’s most carbon intensive industries, including power generation, chemicals, steelmaking and shipping. Concurrently, the Saudi Arabia-based company is announced its commitment to the Business Ambition for 1.5

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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Nextera, the largest power generation and renewable energy development company in the United States, also participated in the round. Because carbon dioxide is not generated during the production process, it is classified as a clean hydrogen process along with blue hydrogen and green hydrogen.

Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

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Canada-based Aurora Hydrogen, a company developing emission-free hydrogen production technology, has raised $10 million in Series A funding led by Energy Innovation Capital. There is an accompanying need to develop new low-cost and low-carbon technologies for hydrogen production.

Electric propulsion company Evolito acquires aerospace battery company Electroflight; full powertrain solutions capability

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Evolito, a privately-owned company designing and manufacturing electric motors and controllers for aerospace applications, has acquired the business and assets of aerospace battery solutions company '.

The Boring Company raises $675M to scale boring machine production & more

Teslarati

The Boring Company (TBC) announced that it raised $675 million in a Series C funding round led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The financing values The Boring Company at $5.675 billion.

E-bike company Ariel Rider raises $14.8M in Series A

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million in a Serie A round, which puts the company’s valuation at US$74.0 Founder of Ariel Rider, Arda Onal, stated that the new investment will help the growth of Ariel Rider and will be used mainly for inventory, improving customer service, and product development.

Nikola to acquire battery-pack company Romeo Power

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Headquartered in Cypress, California, Romeo is an energy storage technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial vehicle applications. As Romeo’s largest customer, Nikola expects the acquisition will allow for significant operational improvement and cost reduction in battery pack production. Nikola is Romeo’s largest production customer, and the parties have strong ongoing engineering collaboration.

India-based ReNew Power, Egypt to invest $8B in green fuels production in Suez Canal zone

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The production capacity in the second phase during 2025-2029 aims to produce 200,000 tons of green hydrogen and one million tons of green ammonia with estimated investments of about $7,147 billion. Ammonia Fuels Hydrogen Hydrogen Production Market Background

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Ford signs nickel supply agreement with Australian mining Company

Teslarati

Ford Motor Company signed a Memorandum of Understanding for nickel (Ni) supply with BHP. The Australian mining company has already signed a nickel supply agreement with Tesla and Toyota. News Featured Ford Ford Motor Company Tesla

Renewable fuels company Raven SR announces $20M strategic investment from Chevron, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund

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a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide.

Silicon and carbon products company Elkem establishes Vianode as new company and brand for active anode materials for EV market

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Leading silicon and carbon products company Elkem has successfully commissioned its industrial pilot for battery materials in Kristiansand, Norway, starting industrial scale pilot production for customers. As the next step towards large-scale production, Elkem is now establishing Vianode as a new company and brand dedicated to develop and produce sustainable and high-quality active anode materials to meet the needs of the exponentially growing electric vehicles marketplace.

Electrolyzer company Verdagy closes $25M funding round led by TDK Ventures

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Hydrogen Hydrogen ProductionVerdagy recently closed a $25-millionfunding round led by TDK Ventures.

Tesla Semi order announced by sustainable foodservice product company

Teslarati

a manufacturer of environmentally friendly, disposable foodservice products, which recently announced that it had ordered 10 Tesla Semis for its fleet. The company also provides third-party logistic (3PL) services to about 100 of its customers in California. .

PEM electrolyzer company Ohmium closes $45M Series B; quadrupling manufacturing capacity

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PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. Hydrogen Hydrogen Production India Market BackgroundExisting investor Fenice Investment Group led the round, with participation from current major investors and new investor Energy Transition Ventures.

Emerson and BayoTech partner to scale production and distribution of low-cost, modular SMRs for hydrogen production

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Emerson will deliver advanced automation technologies, software and products to enable BayoTech to build hundreds of hydrogen units. The higher payloads translate into lower transportation costs, higher driver productivity and less carbon emissions.

BMW Group invests in MOE company Boston Metal; CO2-free steel production

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The BMW Group company is investing in an innovative method for CO 2 -free steel production developed by American startup Boston Metal ( earlier post ), through its venture capital fund, BMW i Ventures. Boston Metal is commercializing molten oxide electrolysis (MOE), a patented tonnage metals production platform. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale.

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Mercedes-Benz acquires electric motor technology company YASA

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Following the acquisition, YASA and its 250 employees will continue to operate from its headquarters and production facility in Oxford, UK. Mercedes-Benz has acquired YASA, a pioneer in next-generation electric drive technology.

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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. Solid oxide technology is well suited for nuclear applications, efficiently harnessing steam to further improve the economics of hydrogen production. Hydrogen Production Market Background Nuclea

Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ strategic investment illustrates heightened demand for scalable renewable fuel production to respond to climate change concerns, Raven SR says. Biomass Fuels Hydrogen Production

Six Japan-based companies establish Research Association of Biomass Innovation for Next Generation Automobile Fuels

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It is crucial to provide diverse energy options to meet the needs of many different regions and customers in order to achieve carbon neutrality, the companies said. Specific research areas are as follows: Research on Efficient Ethanol Production Systems.

Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market.

Australian company introducing on-board hydrogen electrolysis unit to reduce diesel consumption and emissions

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It has about 30 units in stock and can currently produce about one a day, but Wilson said the company was looking to move to larger premises and bring some of the manufacturing and assembly in-house to allow it to ramp up production and ultimately look for export markets.

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Toyota investing $383M in US engine production

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Toyota will invest $383 million in four of its US manufacturing plants—in Alabama, Kentucky, Missouri and Tennessee—to support the production of four-cylinder engines, including options for hybrid electric vehicles.

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Major companies with large fleets release new EV roadmap for car & truck manufacturers

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Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor’s strategy is focused on increasing shareholder returns and accelerating its progress to be a net-zero company by 2050. Canada Hydrogen Hydrogen Production Market Background Oil sands

IVECO, FPT and Nikola Motor Company announce future Nikola TRE production in Ulm, Germany

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and Nikola Motor Company will manufacture , through their European joint venture, the Nikola TRE in Ulm, Germany, at the IVECO manufacturing facility. Start of production is anticipated within the first quarter of 2021, with deliveries of the Nikola TRE beginning in the same year.

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Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan

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Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia value chain between eastern Siberia and Japan. Blue Ammonia is CO 2 -free ammonia produced by conventional ammonia production processes with CCS (CO 2 capture and storage) to isolate CO 2 into underground reservoirs. Ammonia Fuels Hydrogen Hydrogen Production Market BackgroundToyo Engineering Corporation and?Irkutsk

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Cadillac begins retail production of LYRIQ EV

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General Motors has begun retail production of the 2023 Cadillac LYRIQ ( earlier post ) at GM’s Spring Hill, Tennessee, assembly plant. The Cadillac LYRIQ, the brand’s first all-electric vehicle, is built on GM’s Ultium Platform, the core of the company’s EV strategy.

Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

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Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. The separation will create two distinctive companies with unique business characteristics leading their respective industries in realizing carbon neutrality and infrastructure resilience (Infrastructure Service Co.), During its review, the SRC sought input from shareholders on the company’s strategic direction and held discussions with a number of potential partners.

FortisBC, Suncor, Hazer to pilot methane pyrolysis for hydrogen production with graphite byproduct

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The project is being funded directly from the partner companies and by the provincial government’s CleanBC Industry Fund. The addition of hydrogen to FortisBC’s renewable and low carbon gas supply is critical to the company’s ongoing efforts to decarbonize the gas system.

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

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The acquisition doubles our production capacity in three key categories: total number of permitted US ISR [in-situ recovery] projects, resources, and processing infrastructure. With this acquisition, UEC’s sector-leading US ISR production profile increases to 6.5 Production Ready.

ACWA Power signs MoU with POSCO to explore production of green hydrogen and green ammonia

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ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, has signed a memorandum of understanding with POSCO Holdings, the holding company of South Korea’s POSCO Group. POSCO Group’s output will be used in applications across diverse industries including the company’s own power generation needs, construction, energy, and support other industrial off-takers in South Korea.

Air Products announces multi-billion dollar net-zero blue hydrogen energy complex in Edmonton, Alberta

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Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative $1.3

Louisiana Governor and Air Products announce US$4.5B blue hydrogen clean energy complex in Eastern Louisiana

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Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. It represents Air Products’ largest investment in the US.

Nissan unveils prototype production facility for all-solid-state batteries

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Nissan unveiled its prototype production facility for laminated all-solid-state battery (ASSB) cells, which the company aims to bring to market in 2028.

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Shell and Uniper to work together on blue hydrogen production facility in the UK

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The Humber Hub Blue Project includes plans for a blue hydrogen production facility with a capacity of up to 720 megawatts (MW), using gas reformation technology with carbon capture and storage (CCS). Blue hydrogen production at Killingholme could see the capture of approximately 1.6

A Swiss solar company announces a new production facility in Arizona

Electrek

Swiss solar technology company Meyer Burger announced today that it is opening a production facility for high-performance solar modules in Goodyear, Arizona – its first factory in the US, and its first outside of Europe. Solar module production is scheduled to begin by the end of 2022.

HydroWing, Tocardo partner on production of hydrogen from tidal power

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HydroWing, in partnership with Tocardo, introduced the THyPSO (Tidal Hydrogen production, Storage and Offtake), a concept that creates green hydrogen from the sea, contributing to the wider global decarbonization of energy systems.

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Koura acquires organosilicon electrolyte company Silatronix

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Koura , a developer, manufacturer, and supplier of fluoroproducts and technologies and part of the Orbia community of companies, has signed a definitive agreement to acquire Silatronix , a specialist in organosilicon (OS) electrolytes ( earlier post ). The company is executing on a comprehensive energy materials strategy; the Silatronix acquisition complements Koura’s capabilities in energy storage deployment.

The Boring Company expands its reach with wider freight tunnels

Teslarati

Elon Musk’s Boring Company might be working on 21 ft tunnels to transport standard-sized freights side-by-side. Wider tunnels could expand The Boring Company’s business. Fits a standard shipping container (barely)[!],” wrote The Boring company in its description of the freight tunnel.

News: 2023 Toyota and Lexus New Products

Clean Fleet Report

Toyota and Lexus held their annual new product showcase the first week of June at their Plano, Texas, headquarters. As Lexus works towards becoming a carbon-neutral company, expect hybrids to be in most if not all Lexus models. A Sneak Preview of the 2023 Lineups.

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Cummins provides 20MW PEM electrolyzer to Air Liquide for green hydrogen production

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The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Québec. —Amy Davis, Cummins Vice President and President of New Power, the company’s alternative power business. Hydrogen Hydrogen Production Market Background Power-to-Gas