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Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The converter is scheduled to start operations in 2024.
Specifically, ProLogium’s objective is threefold: To put down roots in Europe; To mass-produce next-generation batteries for EVs; and To support the energy transition of the EU automotive industry, as ICE car sales will be banned by 2035.
Our ambition is to build an advanced innovation center combined with a giga factory, meaning that we will produce fuel cells with a capacity of 1200 megawatts, or 1.2 This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. The company is assessing potential locations.
Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.
Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. Some in the electric vehicle (EV) industry have likened lithium mining to the early days of oil exploration.
Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.
Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Source: Unifrax.
Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.
The MS Green Ammonia project is the result of a Nordic industrial collaboration group founded from the Zeeds (Zero Emissions Energy Distribution at Sea) initiative. However, the project has already established Letters of Intent (LOI) with several heavyweight industrial partners. million (€4.4-million) million) grant.
Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.
project for industrial-scale production of green hydrogen via the electrolysis of water using ?renewable In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ?megawatt The companies anticipate the project could be ?operational transforming to an integrated energy company.?.
Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). A small dimethyl ether (DME) plant will be built either onsite or at another location, producing renewable DME from methanol for local industry.
CARIAD, the Volkswagen Group’s software company, has selected BlackBerry QNX technology as one component of its software platform VW.OS. Announced as part of Volkswagen Group’s NEW AUTO strategy, CARIAD is developing a unified software platform that consists of VW.OS, the Volkswagen Cloud VW.AC
RWE will develop, build and operate the wind park. Another output of this process is high-purity solid carbon, a valuable raw material that can replace carbon in various industrial sectors, such as the steel industry. It shows very clearly how climate protection and competitiveness can be harmonized in the chemical industry.
CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor , a US-based AgTech company specializing in fully electric autonomous tractors. The company has secured several hundred working farms as preliminary customers.
Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. consisting of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions and Battery businesses; Device Co. New structure: overview of three companies.
Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.
Each company will invest in the joint venture. The companies believe that by doing this, the lead time from development to commercialization will be substantially shortened, making it possible to dramatically increase the pace of each stage of FCEV proliferation in the Chinese commercial vehicle market.
Together with eight project partners, it is now seeking public funding to build one of the world’s first hydrogen-powered high-speed vessels. This project will contribute to economic growth and development in Narvik and its surrounding regions and will also be an important contribution to the green transition in the maritime industry.
million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.
The research focuses on zero-carbon hydrogen and other low-carbon fuels as viable alternatives to diesel for the rail industry. The team’s goal is to reduce carbon emissions from the roughly 25,000 locomotives already in use in North America. Each year, the North American rail fleet emits approximately 87.6 billion pounds of carbon dioxide.
Dürr constructed the entire paint shop for Ford Motor Company, which included low and high viscosity material supply systems, robotic paint and sealer application equipment, and other process automation technology. In addition to two painting booths for a three-wet process, Ford uses a dedicated booth for two-tone painting by masking.
PTT is a Thai state-owned oil and gas company and the largest publicly listed conglomerate in Thailand. It will build on Foxconn’s recently-established MIH industry alliance , an open network that enables developers and manufacturers to offer a complete software and hardware platform to build electric cars.
The company has begun construction on green hydrogen production facilities in California, New York, Tennessee and Georgia that will ultimately supply 500 tons per day of liquid green hydrogen by 2025. Developing hydrogen-related infrastructure to support the build-out of the hydrogen value chain.
The name “IDEAL” stands for Industry-Driven Engineering for Autonomous Logistics. We are becoming a provider of logistics robotics beyond the automotive industry. Since 2015, the innovations team from BMW Group Logistics has been working on future-focused industry 4.0 We are preparing some innovations for the coming months.
Ford Motor Company will build two new massive, environmentally and technologically advanced campuses in Tennessee and Kentucky that will produce the next generation of electric F-Series trucks and the batteries to power future electric Ford and Lincoln vehicles. billion BlueOvalSK Battery Park—creating 5,000 jobs. Earlier post.)
Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.
Dow and X-Energy Reactor Company entered into a joint development agreement (JDA) to demonstrate the first grid-scale advanced nuclear reactor for an industrial site in North America. Earlier post.) Built with a high-temperature-tolerant graphite core structure, the Xe-100 is designed for a 60-year operational life.
That’s why Polestar set itself three climate targets: to become climate neutral company by 2040; to halve emissions per sold car by 2030 compared to 2022; and create a climate neutral car by 2030. The automotive industry is often talking about what will happen post 2030, but this can’t be the focus.
billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. We looked at over 100 companies, many of them in the EV and renewable energy space. DeepGreen Metals Inc., DeepGreen stands above the rest. Transaction overview.
LOTTE Chemical announced a joint venture with LOTTE Aluminium to build a manufacturing facility in Elizabethtown, Kentucky to produce 36,000 tons of cathode foil, a type of ultra-thin aluminum foil that is a core material used in EV batteries. Cathode foil is one of the four major components of lithium-ion batteries.
Stellantis will work with Archer to stand up Archer’s recently announced manufacturing facility in Covington, Georgia at which the companies plan to begin manufacturing the Midnight aircraft in 2024.
China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The two companies have partnered before, with the Weda Bay Nickel project in Indonesia.
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. The company is also targeting 50% of all its vehicles in the US and 100% of all its passenger vehicles in Europe to be electric by 2030. million EVs.
Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal.
ICPT has three main product lines: heavy-duty battery systems for transport and industry; stationary energy storage for the RES market, professional energy sector and industry and the development of hydrogen fuel cell systems. For 2021, Impact held about 15% of the European electric bus battery market.
Parallel Systems, a company founded by former SpaceX engineers to reimagine the railroad system, has raised $49.55 million in Series A funds to build autonomous battery-electric rail vehicles that move freight. The funds will be used to build a fleet of rail vehicles, execute advanced testing programs and grow the team.
EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. Over time, production volumes are expected to increase substantially.
Solid-state sodium-ion battery company LiNa Energy has closed out a £3-million (US$3.4-million) LiNA will also build a presence in India where LiNa has signed an MoU with Social Alpha to optimise product development for the India market and oversee battery cell testing and future pilot projects. Earlier post.)
Raven SR, a US-based renewable fuels company ( earlier post ), plans to build a waste-to-hydrogen production facility in Aragón, Spain, following the opening of its subsidiary Raven SR Iberia in Zaragoza, announced earlier this month. As a non-combustion process, there is no ash, no slag, build up, or hotspots in the equipment.
In parallel, the company is starting to contract preferred suppliers for the plants, potential customers for hydrogen and CO 2 , and companies that can provide waste of suitable quantity and quality. A final investment decision is to be made in 2024. The plant is expected to produce 54,000 tonnes of hydrogen per year.
became the first company to fly an all-electric vertical takeoff and landing (eVTOL) aircraft as part of NASA’s Advanced Air Mobility (AAM) National Campaign. Data from industry leaders like Joby is critical for NASA’s research activities and future standardization of emerging aircraft configurations. Joby Aviation, Inc.
A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” In addition, if the right actions are taken now a competitive hydrogen industry can meet 14 percent of US energy demand by 2050. million jobs by 2050.
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen technologies. CSIRO is engaging with vehicle companies such as Toyota Australia to support the future adoption and supply of FCEVs in Australia. Hydrogen Industry Mission.
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