Author: Jordy Leo

20 Apr JX Nippon Mining & Metals to Recycle Lithium from Scrapped EV Batteries

Posted at 16:57 by Jordy Leo

JX Nippon Mining & Metals (JX), a unit of Japanese petroleum company ENEOS [5020:JP], will invest millions of dollars to deploy lithium recovery equipment at its subsidiary JX Metals Circular Solutions, as reported by Nikkei Asia on April 14. JX plans to extract high-purity lithium...

20 Apr Mitsubishi Heavy Industries to Build Transportable Small Nuclear Reactors in the Next Ten Years

Posted at 16:44 by Jordy Leo

Japan’s Mitsubishi Heavy Industries [7011:JP] plans to develop and commercialize nuclear reactors small enough to be delivered on trucks by the end of the next decade, as reported by Nikkei Asia on April 19. The mini reactors will have a maximum capacity of 500 kilowatts...

20 Apr India to Start Developing Solar Power Storage Projects

Posted at 16:23 by Jordy Leo

The Solar Energy Corporation of India (SECI), a public sector under India’s Ministry of New & Renewable Energy, has issued the tender for establishing a Standalone Battery Energy Storage System (BESS) with a storage capacity of 1000 megawatt-hours (MWh) or 500 MW for two hours,...

19 Apr TotalEnergies, Japan’s ENEOS Team up for Solar Development in Asia

Posted at 17:53 by Jordy Leo

France’s TotalEnergies [TTE:FP] and Japanese oil company ENEOS [5020:JP] will jointly develop two gigawatts (GW) of solar power capacity in Asia over the next five years and sell renewable power to businesses in the region, as reported by Nikkei Asia on April 14. The two...

19 Apr ExxonMobil Prepares for A Carbon Storage Hub in Southeast Australia

Posted at 17:40 by Jordy Leo

American oil and gas producer ExxonMobil [XOM:US] launched design studies for its carbon capture storage (CCS) hub in southeast Australia, as reported by Reuters on April 14. The US company plans to use the hub for storing carbon dioxide (CO2) generated by the industries in...

18 Apr Japan to Import Sustainable Aviation Fuel from Neste in 2023

Posted at 18:30 by Jordy Leo

Japan will start importing bio jet fuels from Finland's Neste in 1Q23 for distribution to Japanese and foreign airlines to cut the carbon footprints of its aviation industry, as reported by Nikkei Asia on April 14. The Japanese government will start a two-month trial in...

18 Apr CATL to Develop a USD6bn EV Ecosystem in Indonesia

Posted at 17:25 by Jordy Leo

China’s largest battery producer Contemporary Amperex Technology (CATL) [300750:CH] signed an agreement with Indonesia’s state-owned PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI) to jointly develop a USD5.97bn mining-to-batteries complex in Indonesia, as reported by Bloomberg on April 15. Specifically, the integrated project...

14 Apr Greenko and John Cockerill to Construct Electrolyser Factory in India

Posted at 16:35 by Jordy Leo

Greenko ZeroC (GZC), a subsidiary of Indian renewable energy developer Greenko Group, has signed an agreement with Belgium’s high-capacity alkaline electrolyzer producer John Cockerill to form a 50-50 joint venture (JV), as reported by Economic Times on April 12. The JV will establish a factory...

14 Apr Japan’s Osaka Gas Participates in USD11bn Green Hydrogen Project in Australia

Posted at 16:30 by Jordy Leo

Japan’s Osaka Gas [9532:JP] announced on April 12 that it will provide technical support for an Australia-based green hydrogen project worth USD10.75bn and will consider potential investment in the future, as reported by Reuters on the same day. The project, named Desert Bloom Hydrogen, extracts...

14 Apr India’s Vedanta Studies Hydrogen Use in Steel Production to Reduce Emissions

Posted at 16:23 by Jordy Leo

Indian multinational mining company Vedanta [VEDL:US] is working on a solution to replace coke with hydrogen in its steel manufacturing process to diminish carbon emissions, as reported by Economic Times on April 10. The Indian company revealed that it has teamed up with the Indian...

14 Apr Honda Motor to Spend USD40bn on Developing Electric Cars by 2030

Posted at 16:16 by Jordy Leo

Honda Motor [HMC:US] announced a JPY5tr (USD40bn) investment in electric vehicles (EVs) development over the next ten years, as reported by Nikkei Asia on April 12. The spending is part of the Japanese company’s next-decade budget for research and development (R&D) worth JPY8tr (USD64bn). According...

14 Apr Singapore’s Tampines to Promote Programs Converting Waste into Fertilizer by 2024

Posted at 15:59 by Jordy Leo

Tampines, the largest residential town in Singapore, plans to expand a pilot program that converts waste into compost and water to the whole town by 2024, as reported by Strait Times on April 9. In January 2020, Tampines’s town council installed a food waste digestor...

14 Apr India’s SJVN, BHEL and REMC to Develop Renewable Projects for Indian Railways

Posted at 15:57 by Jordy Leo

Indian state-owned hydropower generation and transmission utility, Satluj Jal Vidyut Nigam (SJVN) [SJVN:IN], has signed a memorandum of understanding (MoU) with engineering firm Bharat Heavy Electricals Limited (BHEL) [BHEL:IN] and Renewable Energy Management Centre (REMC) to jointly develop renewable energy projects for Indian Railways, as...

14 Apr POSCO Chemical to Raise USD244m from Green Bonds

Posted at 15:16 by Jordy Leo

POSCO Chemical [003670:KS], the chemical and battery material unit of South Korean steelmaker POSCO Group [005490:KS], will issue green bonds worth KRW300bn (USD244.4m), as reported by the Korea Economic Daily on April 8. The bond will encompass five-year bonds worth KRW100bn (USD81m) and three-year bonds...

07 Apr Ib vogt, ACEN Team up in Large-Scale Solar Businesses in the Asia Pacific

Posted at 16:56 by Jordy Leo

German solar developer ib vogt and ACEN [ACEN:PM], the listed platform of Philippine conglomerate Ayala Group [AC:PM], have set up a joint venture (JV) to develop large-scale photovoltaic (PV) projects in the Asia-Pacific (APAC) region, as reported by PV Tech on April 4. The JV...