International Edition

Day: May 23, 2023

Johnson Matthey and Hystar enter into strategic partnership

Johnson Matthey (JM) and Hystar join forces to accelerate the production of renewable hydrogen. Through a three-year strategic agreement, JM will supply key components for Hystar’s electrolyzers, while the two companies will continue to work together to improve system performance and durability.

Enel selects Oklahoma for solar cell and panel manufacturing site

Enel North America chooses Inola, Oklahoma, to establish one of the largest solar photovoltaic manufacturing facilities in the United States. With an investment of more than $1 billion, the 3 GW annual capacity plant will create jobs and strengthen Enel’s presence in the state.

African Development Bank invests in energy efficiency

Energy efficiency is becoming an urgent necessity in the face of the current climate crisis. The African Development Bank is committed to supporting energy efficiency policies in Africa, promoting energy cost reduction, resource conservation and improved industrial competitiveness.

Solar Alliance aims to acquire Canadian solar company

Solar Alliance Energy Inc. strengthens its position in the Canadian solar market by announcing the acquisition of a growing solar company. This transaction expands Solar Alliance’s footprint in the commercial and utility sectors with a profitable business with a strong backlog.

Supervisory Board of thyssenkrupp AG approves appointment of new CEO

Miguel Ángel López Borrego, an internationally experienced executive, will take over as the new CEO of thyssenkrupp AG on June 1, 2023. His appointment follows a unanimous decision by the company’s Supervisory Board, based on a recommendation by the Personnel Committee.

Sri Lanka opens its fuel market to China

Sri Lanka signs an agreement with Sinopec to open up its domestic fuel market, ending a 20-year Indian monopoly. This decision aims to resolve the financial crisis and fuel shortages that have led to market deregulation and restructuring of the national company.

China’s state-owned oil giants embrace green hydrogen

China’s state-owned oil giants, Sinopec and PetroChina, are leading the country’s energy transition by establishing strong supply chains for green hydrogen, playing a key role in the development of this industry and aiming to surpass the natural gas industry in China.