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Most of us naturally associate biological CO 2 conversion with photosynthesis in plants and algae. Furthermore, the maximum efficiency of solar energy conversion by photosynthesis is 5%, while typical solar panel efficiency reaches 20%. an and Park (2020) “Light-Independent Biological Conversion of CO 2 ,” Joule doi: 10.1016/ j.joule.2020.08.007.
British EV technology company Electrogenic, known for its classic car EV conversions, has expanded its range of drop-in conversion kits with a cost-effective plug and play solution to electrify the classic Mini.Electrogenic’s kit converts the automotive icon to electric drive from just £15,000 (US$18,800) plus VAT.
Compass Minerals, a leading global provider of essential minerals, announced the successful, third-party conversion testing of its lithium brine resource into both lithium carbonate and battery-grade lithium hydroxide, representing a significant milestone in its previously announced lithium development project.
Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase. The global production network will then grow to five locations. 4 in Emden. Chattanooga (ID.4)
UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel.
Ford has awarded TomTom a global multi-year deal to provide Ford’s next-generation SYNC with its real-time traffic service. By taking advantage of cloud-based voice processing, SYNC 4 can understand conversational requests, such as “Find me the best Thai restaurant” and offer data-based suggestions to drivers.
Chile-based Ensorcia Metals , a specialist in the extraction and transformation of high purity lithium, will invest €200 million to build a lithium hydroxide conversion plant in Europe. Ensorcia holds there the exclusive license to operate the modular DLE technology from its long-standing partner IBAT.
Svitzer, a leading global marine operations and towage operator, and Caterpillar Marine signed a Memorandum of Understanding (MOU) to adopt solutions that enable Svitzer to utilize methanol in their fleet.
Wärtsilä will supply its Wärtsilä HY Module , a containerized hybrid battery power and energy storage system to Maersk Supply Service, the Denmark-based provider of offshore marine services and integrated solutions for the global energy sector. This is believed to be the world’s first AHTS hybrid battery conversion.
Carbon dioxide capture company AirCapture and carbon dioxide conversion company OCOchem, along with other partners, have won a $2.93-million OCOchem transforms recycled CO 2 , water and zero-carbon electricity to produce formic acid, a globally traded commodity chemical and emerging electro-fuel.
Replacing all fuels made from oil and gas with zero-net-carbon fuels could reduce approximately 25% of global carbon emissions, making this one of the largest levers that modern society has in the fight against climate change. Aqueous CO 2 electrolysis with base-metal catalysts. to C 2 fuel products such as ethanol.
ACIA expects to place 10 firm orders for Universal Hydrogen’s ATR 72 conversion kits with additional purchase rights for 20 more conversion kits of various turboprop types. The conversion consists of a fuel cell electric powertrain that replaces the existing turboprop engines. Universal Hydrogen Co.
Additionally, by providing a low-risk option for fleetwide conversion, it can provide demand for investment in hydrogen refueling infrastructure that can accelerate the overall take up of hydrogen technologies globally. Grundon truck (UK) with ULEMCo system.
MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation (Seaspan), a global leader in containership ownership and management in collaboration with Hapag-Lloyd, one of the leading global liner shipping companies. This agreement includes 45 optional engine retrofit solutions.
Researchers from Northwestern University and Princeton University have explored the impact on US air quality from an aggressive conversion of internal combustion vehicles to battery-powered electric vehicles (EVs). This despite evidence that suggests air pollution impacts from the transportation sector exceed those from greenhouse gases. …
SEAT will invest €3 billion in the conversion of its Martorell plant for the production of small EVs. As part of the global production system of the Volkswagen Group, the Martorell plant has also produced the Audi Q3 and currently manufactures the Audi A1. About 12,000 people work in the factory and in the headquarters of Martorell.
TREMEC, a subsidiary of KUO , has acquired Electric GT , a provider of plug-and-play EV conversion systems. The acquisition will enable TREMEC to strengthen its product offerings in the rapidly growing ICE-to-BEV vehicle conversion market.
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 global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. The amount of CO 2 being captured today is 43 million tons, or 0.1%
Utilization of renewable solar energy is crucial for addressing the global energy and environmental concerns and achieving sustainable development. Photocatalytic water splitting has attracted great interest as a means of cost-effective conversion of sustainable solar energy to valuable chemicals. Credit: DICP. —Wang et al.
SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). Earlier post.).
Global oil consumption outpaced oil production for the six consecutive quarters ending with the fourth quarter of 2021 (4Q21), which has led to persistent withdrawals from global oil inventories and significant increases in crude oil prices.
Transportation fuels contribute a significant portion of current CO 2 emissions, accounting for 23% of global greenhouse gas (GHG) emissions and up to 40% of GHGs in developed economies, offering significant opportunities for emissions reduction from the decarbonization of such fuels. —Rob McGinnis. to C 2 fuel products such as ethanol.
The center will focus on the test flight and certification of Universal Hydrogen’s retrofit conversion of a Dash-8 regional turboprop aircraft, scheduled for entry into commercial service in 2025. Earlier post.).
The conversion to hydrogen will enable Ovako to reduce its CO 2 emissions for steel production in Hofors by 50%. Taken together with efficient processes and many other actions, such as the conversion of heat treatment, these factors mean that Ovako’s carbon footprint from crude steel production is 95% below the global average.
billion in 2022 as 200mm fab utilization remains at high levels and the global semiconductor industry works to overcome the chip shortage. Fab count is net of wafer-size conversions. After climbing to $5.3 billion last year, 200mm fab equipment spending is expected to be $4.9 Source: SEMI.
In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand. Albemarle also estimates the 2030 mined supply to come in at 2.9
2 ethylene at 1.54% light to ethylene conversion efficiency. fold improvement in the light to ethylene conversion efficiency as compared to the cell suspension. Ethylene ( earlier post ) is one of the most important organic commodity chemicals with an annual global demand of more than 150 million tons. —Vajravel et al.
Solid oxide electrolysis cell (SOEC) technology is attractive because of unrivaled conversion efficiencies—a result of favorable thermodynamics and kinetics at higher operating temperatures. Topsoe is currently a global leader in hydrogen technology, catalysts, and services that enable efficient production of hydrogen.
a global supplier of hydrogen fuel cell-powered commercial vehicles, announced a joint venture to build up to 100 hydrogen hubs across the United States and globally. With our leading fuel cell technology, we are working closely with partners to scale up hydrogen production in the US and globally.
Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. Kia intends to establish a leadership position in the global EV market by responding to fast-growing global consumer demand for EVs.
For the future, it will be important to commercialize advanced biofuel conversion technologies, which utilize a broader and more sustainable feedstock base. Solid particles and process waters, which also evolve during HTL conversion, contain a significant fraction of the carbon and the nutrients from the initial biomass.
In a paper published in the journal Joule , they suggest that the results show great potential for the electrocatalytic conversion of CO 2 into value-added chemicals. C 2+ alcohols are desirable due to their high energy densities and large global market capacities.
The company’s patented technology allows the production of renewable hydrogen as well as the direct conversion of water and CO 2 into raw material for petrochemical products. It enables the production of emission-free renewable hydrogen and conversion of CO 2 into fuels, chemicals and materials.
Global revenue generated from this industry is forecast to grow from 350 million USD in 2019 to more than 1 trillion USD by 2040 (Morgan Stanley, 2020). Decline in global stratospheric O 3 is small (0.01%), but reaches 0.15% in the upper stratosphere (?5 Effect of rocket launch and re-entry emissions on global climate forcing.
Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030. Geely Holding has helped CRI introduce its technology to the Chinese market, further lowering the cost of green e-methanol and accelerating the global goal of achieving carbon neutrality.
Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.). —Matti Lehmus, Neste’s President and CEO.
The carbon found in municipal solid waste, which is piling up in landfills or being incinerated globally, can play a critical role in eliminating the virgin fossil resources used to make fuels and chemicals. It is a testament to the UAE’s leadership and strong sustainability agenda that our technology has found a home here.
Carbon transformation company Twelve (formerly Opus 12, earlier post ) has produced the first fossil-free jet fuel—called E-Jet—from CO 2 electrolysis, demonstrating a scalable, energy-efficient path to the de-fossilization of global aviation. Global aviation produces 1.2 Global aviation produces 1.2
The storage battery market is expected to continue growing in light of the spread of renewable energy and electrified vehicles, as well as the global trend toward carbon neutrality.
While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. of global greenhouse gas emissions (or about 1.4% Note the logarithmic ordinate scale.
Globally, major LFP cell producers are striving to achieve similar increases in energy density by introducing manganese as a component of their cathode powder. From those chemicals, Lithium Australia plans to produce advanced components for the battery industry globally, and for stationary energy storage systems within Australia.
The company plans for 50% of its global PUD vehicle purchases to be electric by 2025, rising to 100% of purchases by 2030. CAMI reopened in December 2022 with the first Zevo 600 rolling off the assembly line after a seven-month retooling, the fastest plant conversion in GM’s history. Earlier post.)
Johnson Matthey has launched HyCOgen, a technologyt designed to play a pivotal role in enabling the conversion of captured carbon dioxide (CO 2 ) and green hydrogen into sustainable aviation fuel (SAF).
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