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LG Energy Solution hosting 3rd round of international competition to identify promising battery start-ups

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LG Energy Solution will host the LGES Battery Challenge 2022, an international competition to identify start-ups for potential investment and collaboration. Through the program, LGES is bringing together battery start-ups to keep pace with the fast-developing industry, as growing number of economies transition to renewable energy.

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LiNa Energy successfully demonstrates Na-ion technology for battery energy storage systems

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Solid-state sodium-ion battery company LiNa Energy ( earlier post ) successfully completed an independent demonstration of its lithium-free sodium batteries for energy storage systems with commercial partner ion Ventures.

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Statkraft to supply renewable power for Fortescue’s Holmaneset 300 MW green hydrogen & green ammonia project

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Fortescue Future Industries (FFI) has secured renewable power for its proposed Holmaneset green energy project , entering into a long-term Power Purchase Agreement (PPA) with Statkraft. FFI undertook a Scoping Study across Norway to identify potential locations for the development of renewable energy and port facilities.

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. Vancouver, Canada. 17th May 2022. MWh to €156.40/MWh MWh in 2050).

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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The project, part of Cepsa’s 2030 strategy Positive Motion, will contribute to Europe’s energy security and independence, in line with the objectives of the European Union’s REPowerEU strategy. The Huelva plant will start up in 2026, reaching full capacity in 2028, while the Cádiz facility will be operational in 2027.

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MAN Energy launches industry consortium to develop medium-speed, ammonia-fueled engine

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MAN Energy Solutions has begun the ‘AmmoniaMot’ project. Initiated by MAN with partners from industry and research institutes, it aims to define the steps necessary to produce a dual-fuel, medium-speed engine capable of running on diesel-fuel and ammonia. Alexander Knafl, Head of R&D, Four-Stroke Engineering, MAN Energy Solutions.

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SHV Energy and UGI to launch joint venture to advance use of renewable DME; 300 kilotons rDME/year by 2027

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SHV Energy and UGI International, a subsidiary of UGI Corporation, leading distributors of off-grid energy, intend to launch a joint venture to advance the production and use of Renewable Dimethyl Ether (rDME), a low-carbon sustainable liquid gas, to accelerate renewable solutions for the LPG industry.

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