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SK Group to invest $16.4B to create hydrogen production-distribution-consumption ecosystem by 2025

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The LH2 plant will take byproduct gaseous hydrogen supplied from SK Incheon Petrochemical, purify it, process it into a liquid, and supply it to the metropolitan Incheon area. In addition to supplying liquefied hydrogen, SK plans to make active investments in establishing a distribution system for eco-friendly hydrogen.

Hydrogen 376
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VinFast partners with and invests in Prologium for solid-state batteries

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VinFast also entered into a Memorandum of Understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery supplies and support the goal of expanding its smart mobility solutions globally. —Le Thi Thu Thuy, Vingroup Vice Chairwoman, and VinFast Global CEO.

Vietnam 317
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Rolls-Royce secures first order for new wave-piercing offshore platform supply vessel; reduced fuel consumption and enhanced safety

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Rolls-Royce announced the first order for its new wave-piercing offshore platform supply vessel (PSV), from Farstad Shipping. million) to Rolls-Royce, includes vessel design and a comprehensive integrated power and propulsion system and equipment package for an advanced platform supply vessel. The Rolls Royce PSV. Click to enlarge.

Supplies 218
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Vingroup member VinES and Li-Cycle launch global battery recycling partnership

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Vingroup is the largest private conglomerate in Vietnam. The new partnership is expected to support VinES and VinFast in their creation of a closed-loop battery supply chain to enhance their environmental goals and contribute to the global electrified revolution with green mobility solutions. Earlier post.)

Li-ion 273
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Marubeni in Coal-Fired Power Plant Push for Asia

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will market energy-efficient coal-fired power plants in Asia, leveraging a bilateral emissions offset mechanism between Japan and other countries that enables Japan to receive carbon reduction credits in return for providing low-carbon technologies and equipment. This project is Marubeni’s tenth in Vietnam. Japan’s Marubeni Corp.

Asia 210
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VinFast partners with Gotion High-Tech on LFP battery cell R&D

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Vietnam-based electric vehicle manufacturer VinFast and China-based Gotion High-Tech will jointly carry out R&D and production of lithium iron phosphate (LFP) batteries. For VinFast, exploring the local production of LFP batteries in Vietnam is part of the car maker’s efforts to establish a clean energy ecosystem and localize parts supply.

Vietnam 210
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Yunnan Investment Group and BYD to open new energy vehicle plants in Southwest China

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Yunnan Province, located in far southwest China, has a population of about 50 million, concentrated in about eight large cities, and borders with Myanmar, Laos, and Vietnam. Yunnan also offers an annual water supply of 222 billion cubic meters, more than ten thousand cubic meters of water per person.

BYD 225