Mitsubishi Chemical [4188:JP], Tokai Carbon [5301:JP], and other Japanese electric vehicle (EV) battery material providers are raising outputs overseas to appeal to Western countries intending to diversify their sources of supply, as reported by Nikkei Asia on April 18th. By 2023, Mitsubishi Chemical plans to...
The Shanghai Municipal Administration for Market Regulation (Shanghai AMR) warned 12 Chinese e-commerce platforms, including Meituan [3690:HK] and Alibaba's [BABA:US] Ele.me, against pricing irregularities in agricultural products amid Shanghai’s Covid-19 lockdown, as reported by The Paper on April 18. The regulator summoned these e-commerce platforms...
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...
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...
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,...
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...
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...
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...
South Korean carmaker Kia [000270:KS] and e-commerce platform Coupang [CPNG:US] have agreed to collaborate on building all-electric cargo trucks, as reported by the Korea Herald on April 15. By 2025, the two companies plan to release mid-sized and large electric cargo vehicles with improved storage,...
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...
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...
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...
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...
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...
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...
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