article thumbnail

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. By then, the combined share of renewables in electricity supply reaches 74%.

Indonesia 195
article thumbnail

Tesla gets proposal from Indonesia for EV plant with an annual production capacity of 500k

Teslarati

Indonesia continues to woo Tesla with a proposal for an EV factory with an annual production capacity of 500,000 cars. The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their carbon footprint.

Indonesia 145
article thumbnail

Nornickel presents market review of nickel and platinum group metals

Green Car Congress

This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. The forecast for nickel supply in 2023 is almost unchanged at 3.45 Mt to 3.22 Mt (7% year-on-year growth). million ounces from 0.8

Market 304
article thumbnail

Celanese signs MOU with PERTAMINA to advance fuel ethanol projects in Indonesia using TCX process

Green Car Congress

Celanese Corporation signed a Memorandum of Understanding (MOU) with Pertamina, the state-owned energy company of the Republic of Indonesia, and will begin the detailed project planning phase for the development of fuel ethanol projects in Indonesia. Earlier post.). Earlier post.).

Indonesia 186
article thumbnail

Paxocean, Hong Lam Marine and Bureau Veritas partner to develop design for ammonia bunker vessel

Green Car Congress

A subsidiary of Kuok Singapore Limited, PaxOcean owns and operates five shipyards located in Singapore, China and Indonesia. It operates a fleet of about 36 tankers in Singapore, Malaysia and Australia for bunkering fuels, bulk lubricants supply and the carriage of Jet A-1 to Changi Airport.

Mariner 243
article thumbnail

Air Products and Topsoe sign global alliance agreement for collaboration on large-scale ammonia, methanol, and/or dimethyl ether projects

Green Car Congress

The Alliance Agreement provides Air Products access to Topsoe’s technology license(s) and the supply of certain engineering design, equipment, high-performance catalysts and technical services for ammonia, methanol and/or dimethyl ether plants to be built, owned and operated by Air Products.

Global 259
article thumbnail

Asahi India Glass partners INOX Air Products to procure green hydrogen for upcoming float glass facility in Rajasthan | Autocar Professional

Baua Electric

INOX Air Products will supply green hydrogen to power AIS’ new float glass facility that will have an monthly capacity of up to 17,000MT. The new facility which is being pegged as a green facility, will rely on renewable energy for over 95 percent of its energy requirements, while only 5 percent will be induced from thermal power.

India 52