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Siemens Energy to supply 1.8GW of electrolyzers to HIF Global for Texas eFuels facility

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eFuels company HIF Global ( earlier post ) and Siemens Energy reached an agreement under which Siemens Energy will supply electrolyzers to the HIF Matagorda eFuels Facility. We face a time of incredible expansion in hydrogen production amid global supply chain challenges.

Texas 397
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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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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Solvay and Orbia to create JV to supply PVDF to battery market; largest capacity in N America

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The total investment is estimated to be around $850 million, and is expected to be funded in part by a grant awarded by the US Department of Energy of $178 million to Solvay to build a facility in Augusta, Georgia. Solvay, a global leader in PVDF, brings process technology and global market know-how to this venture.

Supplies 273
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Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply

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The Cobalt Institute’s Cobalt Market Report, prepared by Benchmark Mineral Intelligence, finds that cobalt market conditions have weakened substantially since the price peak in 2022. This dynamic will likely remain through to 2024, the report says, as a plentiful and growing supply surplus maintains pressure on prices.

Supplies 259
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Heliox and PACCAR Parts partner to deliver mobile DC chargers to PACCAR’s electric trucks in North America

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Heliox, a global leader in DC charging systems for medium- and heavy-duty vehicles, announced a supply agreement with PACCAR Parts to support the rollout of PACCAR’s electric vehicles. Heliox will supply mobile 25kW and 50kW chargers to PACCAR’s dealers and customers who are building their electric truck fleets.

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Argonne study finds rare earth supply disruptions can have long-range impacts

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Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. The US government classifies these elements as critical materials in part based on their importance in manufacturing products that support national security.

Supplies 468