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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

Global 448
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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

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The first phase involves the design, build and supply of two next-generation MW-scale containerized stationary PEM fuel cell systems totaling 3-megawatts, based on our new high-durability LCS fuel cell stack [ earlier post ]. Under the Development Agreement, we are planning for two phases of work.

Energy 195
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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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To boost the global production capacity of green methanol, A.P. European Energy is a global renewable energy company and project developer (wind, solar and Power to X). It develops, builds, and operates renewable electricity projects globally with a pipeline consisting of 20 GW renewable energy capacity. Orsted (Denmark).

Green 199
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Badlands NGL to develop $4B plant in North Dakota to convert ethane from Bakken NGLs into polyethylene

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The value-added manufacturing plant will tap into North Dakota’s abundant supplies of natural gas liquids (NGL) to source ethane. Growth in the United States demand and competitive cost exports will drive significant production capacity (supply) additions of commodity chemicals and polymers. The facility will be able to produce 1.5

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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

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There is now a significant wave of interest in battery raw material supply security, mainly from Asia, to underpin the growth of Li-ion battery production over the next decade. The year 2017 saw deals between Great Wall and Pilbara Minerals, and Ganfeng Lithium’s US$172-million financing of Lithium Americas.

Li-ion 150
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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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However, the report notes, renewable energy price improvements are not universal, and costs range widely according to resources and the availability of financing. These technologies will become more cost-competitive in future, especially where low-cost financing is available. of Cape Wind output; National Grid had agreed to buy 50%.

Renewable 150
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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

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Juniper will grow the business through new OEM relationships and continued strong aftermarket sales, leveraging OMVL’s capabilities and assembly facilities in Italy and Argentina that today supply Europe, Asia and the Americas. OMVL has production and distribution capabilities in Europe, South America, Australia, and China.