Nel ASA - investment decision to begin construction on up to 1 GW of production capacity
Irish MEPs have urged the European Commission to rethink its introduction of the carbon border adjustment mechanism (CBAM).
Could demand mandates help the build the market for green fertilizers – by placing mandatory purchasing requirements on large-scale end users?
Topsoe has signed an offtake agreement to provide its Solid Oxide Electrolyser Cell (SOEC) technology for Forestal’s Triskelion green methanol plant in Galicia. The SOEC’s will be delivered from Topsoe’s manufacturing facility in Herning, Denmark, which is nearing the final stage of readiness for industrial-scale production. The agreement, which includes a 10-year service warranty program, builds on Topsoe’s existing agreement with Forestal, announced in December 2024, to provide its e-methanol synthesis technology, catalysts and engineering for highly efficient e-methanol production.
NextChem subsidiary MyRechemical has been selected by Mana Group and Equinor to conduct a feasibility study for a waste-to-methanol plant at Norway's Mongstad refinery. The project will use NX Circular™ technology to convert urban and industrial waste into chemical grade syngas which will be further processed to produce low-carbon methanol. The facility is expected to produce circular methanol with a low carbon footprint, eligible under the EU Renewable Energy Directive criteria. This methanol could initially replace marine bunker fuel to meet the targets of the FuelEU Maritime regulation, exempting final users from buying ETS credits and paying penalties, and potentially later be used as feedstock for methanol-to-jet facilities to produce sustainable aviation fuel (SAF) compliant with FuelEU Aviation regulation.
Lyten, a global leader in lithium-sulphur batteries has entered into a binding agreement to acquire Northvolt’s assets in Sweden and Germany. The acquisition includes Northvolt Ett and, Northvolt Labs in Sweden and Northvolt Drei in Germany. Additionally, Lyten is acquiring all remaining Northvolt intellectual property. The financial terms of the agreement were not disclosed. In total, Lyten’s acquisition includes assets valued at approximately $5 billion, including 16 GWh of existing battery manufacturing capacity, more than 15 GWh of capacity under construction, the infrastructure and plans to scale to more than 100 GWh, and the largest and most advanced battery R&D centre in Europe.
The past few years have seen a rapid increase in attempts to generate ammonia from streams of nitrate polluted wastewater, but how practical are these methods?
At the end of this year, the European Union’s Carbon Border Adjustment Mechanism (CBAM) will move from its transitional phase into its ‘definitive’ phase, whereby the carbon costs of goods entering the EU will need to be priced in. CBAM requires suppliers to calculate the carbon emissions of their fertilizer (and other, e.g. steel) products, including indirect emissions, for example from electricity consumed in the process, and emissions of precursor or raw materials. They will then need to purchase CBAM certificates to cover embedded emissions above the established free allowance benchmark rates determined by the European Commission: 1.57 tonnes CO2e/tonne ammonia and 0.23 tCO2e/t nitric acid.
ATOME says that the European Investment Bank (EIB), the lending arm of the European Union, has approved financing in-principle of up to $135 million for the company’s flagship Villeta Project. EIB is one of ATOME’s senior debt providers for Villeta and the announcement follows the Green Climate Fund approval earlier this month. Details of the financing will be finalised in early course, following closing of the debt package with the consortium of leading international development finance institutions. Based on the progress with financing, ATOME is projecting a final investment decision by the end of September 2025.
Three European energy companies are planning to develop a green methanol plant in Spain that will capture around 380,000 t/a of biogenic carbon dioxide, which will be used to produce 200,000 t/a of methanol. Spanish renewable energy firm Magnon will oversee the carbon capture portion of the project, while partners Power2X and ErasmoPower2X will handle […]