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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.).
Chevron USA, a subsidiary of Chevron Corporation, announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. Chevron will be responsible for linking the renewable natural gas to the CNG dispensed by Walmart into its natural gas trucks.
Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 REG was a founder of the renewable fuels industry and has been a leading innovator ever since. billion, or $61.50
Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,
UGI Corporation has entered into a 15-year agreement with California-based technology developer Vertimass to utilize their catalytic technology to produce renewable fuels from renewable ethanol in the US and Europe. The technology enables flexible production of the renewable fuels to align with regional market demand.
Sourcing renewable energy is a critical component of GM’s plans to decarbonize. The company’s renewable energy strategy is rooted in four pillars: Increasing Energy Efficiency: GM’s energy goals begin with reducing energy consumption by improving energy efficiency. GM supports policies that enable a carbon-free, resilient power system.
Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.
Toyota Motor Corporation, Chubu Electric Power Co., and Toyota Tsusho Corporation agreed to establish Toyota Green Energy LLP for the purposes of obtaining and managing renewable energy sources in Japan and supplying electric power from renewable energy sources to the Toyota Group in the future.
Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. million ton capacity for renewable products in Rotterdam is the largest in Europe.
SHV Energy and UGI International, a subsidiary of UGI Corporation, leading distributors of off-grid energy, intend to launch a joint venture to advance the production and use of Renewable Dimethyl Ether (rDME), a low-carbon sustainable liquid gas, to accelerate renewable solutions for the LPG industry.
TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries. Tokyo Electric Power Company Holdings, Inc.
Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co., Japan’s New Energy and Industrial Technology Development Organization (NEDO), Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), Tohoku Electric Power Co.,
Renewable hydrogen systems manufacturer Ways2H Inc. announced the completion of a facility in Tokyo that will convert sewage sludge into renewable hydrogen fuel for fuel cell mobility and power generation. A new facility in Tokyo that will convert sewage sludge into renewable hydrogen gas for fuel-cell vehicles is nearing completion.
LevelTen Energy , a renewable energy procurement platform, closed a $20.5-million LevelTen Energy, a Techstars accelerator alum, was founded in 2016 to expand the market for renewable energy by facilitating frictionless clean energy procurement for corporate and other large energy buyers. Salesforce and Workday.
a subsidiary of Chevron Corporation, signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading (Mercuria) and B6 CEO Andrew West. Chevron U.S.A.
The initial refueling facility will provide Fortescue, ATCO and approved third parties with the opportunity to refuel vehicles capable of utilizing hydrogen as the primary fuel source, including a fleet of Toyota Mirai fuel cell electric vehicles which have been made available by Toyota Motor Corporation Australia.
(SoCalGas) will demonstrate a combination of technologies that will produce hydrogen from renewable natural gas (RNG) at SunLine Transit Agency’s hydrogen fueling station in Thousand Palms, California. The goal is to produce emissions-free renewable hydrogen for fuel cell electric cars and other vehicles at a price competitive with gasoline.
Sustainable materials leader Genomatica and Japan-based diversified global manufacturer Asahi Kasei announced a strategic partnership to commercialize renewably-sourced nylon 6,61 made from Genomatica’s bio-based HMD (hexamethylenediamine, also abbreviated as HMDA) building block.
Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year.
million federal award funded through the US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE). The selection, recommended by the Vehicle Technologies Office, authorizes Enovix to complete negotiations for a $3.2-million Earlier post.).
HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. All three facilities have now successfully been put into operation and deliver renewable diesel into the United States transportation market.
It brings together Neste’s expertise in the production and supply of renewable diesel and SAF with Shell Aviation’s world-class credentials in supplying and managing fuel around the world. We are fully committed to supporting the aviation industry, its customers and corporates with their emission reduction targets.
Four key Hyundai Motor Group affiliate companies—Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia), Hyundai Mobis, and Hyundai Wia—are now members of Climate Group’s RE100 , a global initiative committed to large corporates moving toward 100% renewable electricity.
Simone Accornero discusses how corporaterenewable energy procurement in Europe is growing, but clearer EU rules are needed. The post Corporaterenewable energy procurement: Greenwashing or a catalyst for the EUs clean industrial transition? appeared first on Innovation News Network.
The round was led by Clean Energy Ventures with participation from investors Aramco Ventures; Eni Next, the corporate venture arm of Italian energy company Eni; United Airlines Ventures Sustainable Flight Fund; and Braavos Capital alongside existing investor Kiko Ventures (IP Group’s cleantech investment platform), and University of Oxford.
United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026.
Air Products and The AES Corporation plan to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes approximately 1.4
This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles. from the year prior.
GM is supplying HYDROTEC fuel cell power cubes to Renewable Innovations of Lindon, Utah to build the Mobile Power Generator. GM HYDROTEC and Renewable Innovations’ Mobile Power Generator can fast-charge EVs without having to expand the grid or install permanent charge points in places where there is only a temporary need for power.
Initial OHI industry stakeholders now include EQT, National Grid, Shell, ExxonMobil, Dominion Energy, LanzaTech, Equinor, BlackHills Corporation, Nicor Gas, NYSEG, Oklahoma Natural Gas, Duke Energy, DTE, and Southwest Gas Corporation.
MATHESON , the US affiliate of Nippon Sanso Holdings Corporation ( NSHD ), has signed a long-term supply agreement to meet hydrogen requirements for a 75,000 bpd refinery in Mobile, Alabama owned by Vertex Energy. Conceptual design of the HyCO Facility has been completed and engineering has been progressed.
The signing follows the two companies’ showcase of their green hydrogen technologies at the 23 August 2022 German-Canadian Atlantic Renewable Hydrogen Expo in Stephenville, Newfoundland, which was attended by Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz. The financial terms of the agreement were not disclosed.
Chevron USA, a subsidiary of Chevron Corporation, and Bunge North America, a subsidiary of Bunge Limited, announced a memorandum of understanding (MOU) of a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.
Australia-based Woodside has signed an agreement with Japanese companies JERA Inc, Marubeni Corporation and IHI Corporation to undertake a joint study examining the large-scale export of hydrogen as ammonia for use decarbonizing coal-fired power generation in Japan. Green hydrogen is produced from renewable energy using electrolysis.
Auburn University researchers are leading a $2-million US Department of Energy Co-Optima project ( earlier post ) that will evaluate renewable butyl acetate (BA) as a bio-based fuel additive that can be blended with diesel fuel to reduce soot and greenhouse gas emissions and yield cleaner engine operation in cold-weather conditions.
Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. MWh to €156.40/MWh MWh in 2050). billion in 2017 to $1.6 billion in 2019.
With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. 2 and 85 °C of only 1.51 V, equating to 98% energy efficiency, with an energy consumption of 40.4
Twelve has developed an efficient polymer-electrolyte membrane (PEM) CO 2 electrolyzer that uses proprietary CO 2 -reducing catalysts to split CO 2 with just water and renewable electricity as inputs, syngas (CO and hydrogen) as the output, and pure oxygen as the only byproduct. Earlier post.).
Chevron Corporation completed its previously announced acquisition of Renewable Energy Group (REG) following approval by REG stockholders. The new Chevron segment will be called Chevron Renewable Energy Group. Chevron Renewable Energy Group will remain in Ames, Iowa, where REG has been headquartered. Earlier post.)
Canada-based Euro Manganese (EMN) signed a non-binding Memorandum of Understanding (MoU) with Norwegian state-owned company Statkraft for the long-term supply of carbon-free renewable energy for Euro Manganese’s flagship Chvaletice Manganese Project (CMP) in the Czech Republic. Statkraft is Europe’s largest generator of renewable energy.
The Road Map stresses the versatility of hydrogen as an enabler of the renewable energy system; an energy vector that can be transported and stored; and a fuel for the transportation sector, heating of buildings and providing heat and feedstock to industry. Inc; Audi; Chevron; Cummins Inc.; Toyota; and Xcel Energy.
Ultra Safe Nuclear Corporation (USNC), a US-based vertical integrator of nuclear technologies and services, Hyundai Engineering and SK E&C are teaming up to conduct research and development for carbon-free hydrogen production. It is also participating in a government-led green hydrogen production demonstration project.
Japan-based Zeon Corporation, through its venture capital arm Zeon Ventures Inc., has invested in Mitra Future Technologies, Inc., a US startup developing cathode materials for lithium iron phosphate (LFP) batteries. Earlier post.)In In addition, Zeon plans to explore future collaborations associated with this investment.
China-based Dongfang Electric Corporation (DEC) reported successful testing of non-desalinated seawater electrolysis technology for hydrogen production powered by offshore wind. The floating hydrogen production platform Dongfu One is sited in an offshore wind farm in East China’s Fujian province.
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