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TEPCO and Toyota develop stationary storage battery system using EV batteries

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TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries. Tokyo Electric Power Company Holdings, Inc.

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Toyota establishes Toyota Green Energy to conduct renewable energy power generation business

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Toyota Motor Corporation, Chubu Electric Power Co., and Toyota Tsusho Corporation agreed to establish Toyota Green Energy LLP for the purposes of obtaining and managing renewable energy sources in Japan and supplying electric power from renewable energy sources to the Toyota Group in the future.

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United to invest up to $37.5M in renewable fuels company NEXT, based on milestones

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United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT has also received a crucial air permit from the State of Oregon.

Renewable 199
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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

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The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

Supplies 243
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Fortescue Future to acquire Nikola’s Phoenix Hydrogen Hub project

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Nikola Corporation and Fortescue Future Industries (FFI), a global green energy and metals company, announced that FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project. FFI and Nikola are working towards a hydrogen supply agreement to support Nikola’s hydrogen fuel cell electric vehicle demand. Earlier post.)

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Fukushima Prefecture and Toyota begin discussions aimed at building a hydrogen-based city of the future

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Fukushima Prefecture and Toyota Motor Corporation have commenced discussions with various partners over building a city for a new future that makes use of hydrogen and technologies produced in Fukushima Prefecture. DENSO FUKUSHIMA CORPORATION. NEMOTO Corporation. Fukushima Renewable Energy Institute, AIST.

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Volkswagen Group and Salzgitter AG sign MOU on supply of low-CO2 steel from the end of 2025

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According to Salzgitter AG, this will enable more than 95% of CO 2 emissions in steel production to be saved in future on the basis of hydrogen and renewable energies. The Volkswagen Group plans to use the low-CO 2 steel from the end of 2025 in future projects such as the Trinity e-model, which will be produced in Wolfsburg from 2026.

Low CO2 273