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ACWA Power signs MoU with POSCO to explore production of green hydrogen and green ammonia

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ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, has signed a memorandum of understanding with POSCO Holdings, the holding company of South Korea’s POSCO Group.

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Bloom Energy receives DNV AiP for initial design for SOFC-powered LNG carrier; ABS verification as alternative power source

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In conjunction with Samsung Heavy Industries (SHI), the companies’ initial design for an engineless, fuel-cell-powered liquefied natural gas (LNG) carrier has received Approval in Principle (AiP) from DNV, a premier international maritime classification society.

Power 321
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WNA: global nuclear generation nears record high in 2019

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Source: World Nuclear Association and IAEA Power Reactor Information Service (PRIS). Other key findings from the report: Six reactors started up in 2019, four large PWRs commenced operation, one in South Korea, one in Russia and two in China. Six reactors, with a combined capacity of 5.2

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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain. which will benefit the overall global supply chain of tungsten for production and manufacturing.

Supplies 380
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EIA: US coal exports increased 23% between 2020 and 2021

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Power plants use steam coal (thermal coal), for electricity generation; homes and businesses also use steam coal for direct heat. Global demand for US metallurgical coal typically is more consistent than for thermal coal because the United States is one of the few suppliers of metallurgical coal. MMst, or 77%, was steam coal).

Coal 434
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SK Group to invest $1.5B in Plug Power; strategic partnership and JV to accelerate H2 economy in Asia

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Plug Power Inc., a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. pro forma ownership stake in Plug Power.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.

Carbon 418