GKN Hydrogen | July 01, 2022
GKN Hydrogen and Southern California Gas Co. (SoCalGas) announced the companies will work with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL) on an innovative green hydrogen storage solution. GKN Hydrogen's HY2MEGA can enable safe, long duration clean energy storage without the need for compression. At scale, this combined technology could provide resilient power in case of widespread outages. It also highlights the technologies needed to reach carbon neutrality and accelerate clean fuel initiatives.
Two HY2MEGA hydrogen storage subsystems will connect to an electrolyzer and fuel cell at the ARIES facility on NREL's Flatirons Campus near Boulder, Colorado. The electrolyzer will use renewable sources and produce green hydrogen to be stored in the HY2MEGA. The HY2MEGA stores the hydrogen in a solid state (metal hydrides), under low pressure in a compact footprint. According to GKN Hydrogen, its one of the safest ways to store hydrogen. The fuel cell will then convert the green hydrogen to produce renewable electricity. The two HY2MEGA's will add an additional 500 kgs of hydrogen storage on site. The three-year project is set to launch at the end of this year.
SoCalGas will leverage the large-scale hydrogen storage capabilities of GKN Hydrogen's HY2MEGA from this project to help accelerate the commercialization and deployment of green hydrogen projects. Ultimately, green hydrogen generation and storage will help decarbonize the energy system while assuring stability of the electrical grid to enable even higher penetrations of renewable sources of electricity."
Neil Navin, vice president of clean energy innovations at SoCalGas
"This project is exactly what the ARIES platform was designed for: demonstrate the benefits of a new technology that efficiently stores energy produced from renewable electricity," said Katherine Hurst, group manager and research scientist at NREL. "It brings together a national laboratory, a clean energy technology developer, and a large utility to work on solutions that help decarbonize the power grid. We are looking forward to working with GKN Hydrogen and SoCalGas to advance this technology."
"Collaborations on green hydrogen projects are essential as we tackle this climate emergency," said Frank Wolak, President and CEO of the Fuel Cell and Hydrogen Energy Association (FCHEA). "This project will demonstrate how hydrogen storage can help reduce carbon emissions and is an innovative step towards a clean future for everyone."
Bruno Biasiotta, Chief Executive Officer at GKN Hydrogen said, "We are really honored to be working with great organizations like NREL and SoCalGas to validate and demonstrate green hydrogen as a megawatt scale energy source. To accelerate the energy transition hydrogen cannot just be part of the discussion, it must be part of the solution. This project will demonstrate that large scale green hydrogen storage with HY2MEGA can be used to help decarbonize and accelerate the shift to cleaner fuels."
About GKN Hydrogen
GKN Hydrogen is pioneering safe, emission-free green hydrogen storage to help organizations and societies around the world achieve their carbon neutrality goals today, and in the years to come. By leveraging GKN's world-leading position in powder metal solutions, they are bringing to market green, safe, and compact hydrogen storage solution based on metal hydrides and offering a range of modular HY2 energy systems.
Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.
SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego.
Medallion | April 27, 2022
Medallion Resources Ltd., is pleased to announce the launch of a new strategic plan (the “Strategic Plan”) to position the Company in the near term as a technology leader within the industries essential to the generation, storage, and efficient use of clean energy. Key parts of the plan include a strengthened executive leadership team, up-listing to Nasdaq Capital Markets, and rebranding as Medallion Innovations Corp. to better reflect the future direction of the Company.
Medallion’s focus has been to identify and develop innovative technologies for the rare earth element (“REE”) industry that, when compared with incumbent technologies, are lower cost and reduce the environmental and social impacts of production.
Implementation of the new Strategic Plan is intended to enhance Medallion’s existing REE processing technology portfolio by identifying, incubating and gaining exclusive rights to the commercialization of additional innovative technology platforms across the entire REE value chain and broadening its focus to include other high-performance materials. Medallion believes that its technology portfolio will continue to facilitate the production of materials, deployment of processes, and/or generation of essential data for the clean energy transition.
The clean energy transition, involving the widespread generation of renewable energy and the electrification of transport is now demonstrating dramatic growth that is at risk because of weaknesses in global supply chains. Medallion’s new Strategic Plan reflects the global shift from fossil fuel-based to a minerals-based economy centered on “friendly nations” and is intended to position the Company for better access to capital, a larger playing field, and importantly the ability to build a team with the essential skills and experience in technology development and commercialization.
Medallion believes that up-listing to the Nasdaq Capital Markets (“NasdaqCM”) will significantly strengthen the Company’s profile and increase the capacity for US and international shareholders to invest in the REE and clean energy technology sectors.
Upon completion of the Nasdaq up-listing, Alfredo Ramos Plasencia will join the Company as Chief Executive Officer and Director, while Dr. Kurt Forrester will join the management team as Chief Technology Officer and continue to serve as a Director. Mark Saxon will continue as a Director and assume a business development role focused on mining industry opportunities.
As previously announced, the Company has engaged Chardan Capital Markets LLC (“Chardan”) to advise on an up-listing and simultaneous financing. The up-listing to the NasdaqCM is conditional on Nasdaq accepting the Company’s listing application, including the Company’s plan to meet the Initial Listing Requirements, and a registration statement being declared effective by the U.S. Securities and Exchange Commission (“SEC”). The Company is preparing to file a registration statement with the SEC on Form F-1 before the Annual General and Special Meeting of Shareholders (the “Shareholders’ Meeting”) on May 27, 2022 in Vancouver, B.C.
Medallion has begun the Nasdaq listing application process and has reserved the trading symbol “MDL” for trading on NasdaqCM after the up-list.
Medallion President & CEO Mr. Saxon stated “Medallion is setting the course for a strong and positive impact in the supply of materials and technologies for the energy transition. Our recent successful partnerships in the REE sector, based on deep industry knowledge and connections, have laid the groundwork for where we see many value-add opportunities. The proposed business and management changes deliver the opportunity to accelerate in line with the renewable energy and EV markets.”
“I am excited to be entrusted with the CEO role at Medallion at this key time in the Company’s history. My experience in the identification, incubation and commercialization of breakthrough technologies matches well with the new Strategic Plan. Medallion’s past investment in REEs and methodology in identifying new investment opportunities provides an excellent platform for future development.”
Medallion – the New Vision
The clean energy transition has triggered a fundamental change in the consumption of materials, as single-use oil, gas and coal is replaced by renewable energy alternatives. Energy generation and storage is now increasingly linked to high performance, critical raw materials at a time of heightened supply chain vulnerability, which has been exacerbated by the COVID-19 pandemic and recent geopolitical instability. Over the past decade, the U.S., Europe, Japan, and Korea have increasingly focused on the supply chain for critical minerals and, in the U.S., REE supply chain resilience is a bipartisan issue.
JA Solar Technology Co., Ltd. | March 04, 2022
JA Solar's DeepBlue 3.0, among multiple JA Solar PV modules, was recently awarded with an Environmental Product Declaration (EPD) certification by UL, the global safety science leader. The UL EPD report, also accredited by EPD Italy, gives a comprehensive assessment of the environmental impact of the product over its entire life cycle, including possible impacts such as global warming, smog, ozone depletion, acidification, ecotoxicity, etc., and is applicable to the two global leading markets America and Europe. The assessment process follows ISO 14025 and EN 15804 standards, and its assessment result provides an important reference for investors to choose low-carbon products.
While PV power is a renewable energy with great potential for development and application, the impact of PV products on the environment over the entire life cycle has been one of concern in the end-use market. Therefore, JA Solar always follows the path of green development, by applying the concept of green environmental protection throughout the entire life cycle of its products, including R&D, production, packaging, logistics and product recycling, so as to reduce environmental impact and resource consumption.
During the process of product manufacturing, JA Solar actively advocates the application of green energy. Its production bases utilize roof space, carports, and other unused spaces to install PV systems to generate electricity for self-use with surplus electricity injected to the grid, thereby reducing the demand for traditional energy so as to reduce carbon emissions. Among them is JA Solar's manufacturing base in Qujing, Yunnan Province, which, by utilizing rich water resources in the local area, uses clean energy generated by hydropower that accounts for more than 85% of its total energy consumption.