article thumbnail

Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

Green Car Congress

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
article thumbnail

Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

Clean 429
article thumbnail

Octillion Power Systems enters US bus market to supply batteries for motorcoaches, city buses

Green Car Congress

The order marks the company’s first time supplying batteries for motorcoaches and buses in North America. With its entry into the motorcoach and bus markets, Octillion’s batteries will be used to repower popular models including Van Hool T2145e highline touring coaches and TD high-capacity double-deck coaches to 100% battery-electric power.

Supplies 418
article thumbnail

Plug and Nikola partner; hydrogen supply, liquefaction and up to 75 Nikola Tre fuel cell trucks

Green Car Congress

Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, and Nikola Corporation, a developer of zero-emissions transportation and energy supply and infrastructure solutions, have entered a strategic relationship focused on moving the hydrogen economy forward. Availability is expected to be 2H 2023.

Hydrogen 468
article thumbnail

Neste and CIM collaborate to supply sustainable aviation fuel to France to support SAF blending obligations

Green Car Congress

Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. CIM, import terminal at Le Havre. million tons per annum by the end of 2023.

France 410
article thumbnail

Neste celebrates opening of €1.6B Singapore expansion; SAF supply chain to Changi Airport

Green Car Congress

Integrated SAF supply chain to Singapore Changi Airport. SAF is widely acknowledged as a key element in achieving the aviation industry’s ambitious emission reduction goals. Neste is also supplying SAF to various fuel marketing companies, broadening its availability outside its own airport network.

Singapore 434
article thumbnail

RWE and Westfalen Group forming JV to supply green hydrogen for vehicles; focus on heavy-duty; up to 70 stations

Green Car Congress

In Germany, RWE and the Westfalen Group will work together to supply green hydrogen for hydrogen-powered vehicles. Up to 70 hydrogen fuel stations will be in place by 2030, depending on how the market develops. Hydrogen can play a crucial part in significantly reducing carbon emissions in heavy goods transportation.

Hydrogen 545