Siam Cement Group

EDP & Rondo Energy partner to decarbonize industrial heat production

Retrieved on: 
Thursday, March 7, 2024

ALAMEDA, Calif., March 7, 2024 /PRNewswire/ -- EDP, a global energy company and world leader in renewable energy, has established a partnership with Rondo Energy to open a new market: the supply of clean industrial heat, at a large-scale and with an affordable cost, powered by wind and sun. 

Key Points: 
  • Rondo Heat Batteries capture intermittent electric power and convert this into continuous high-temperature heat, with an option to also deliver continuous power through a combined heat and power (CHP) configuration.
  • Rondo is a leading provider of zero-carbon industrial heat and power, making deep industrial decarbonization both possible and profitable.
  • Rondo Heat Batteries are proven at scale to enable low-cost heat and electricity for customers, all from intermittent renewable electricity.
  • By working with Rondo, we can meet their energy needs for renewable energy and heat in a cleaner, affordable, and reliable way.

EDP & Rondo Energy partner to decarbonize industrial heat production

Retrieved on: 
Thursday, March 7, 2024

ALAMEDA, Calif., March 7, 2024 /PRNewswire/ -- EDP, a global energy company and world leader in renewable energy, has established a partnership with Rondo Energy to open a new market: the supply of clean industrial heat, at a large-scale and with an affordable cost, powered by wind and sun. 

Key Points: 
  • Rondo Heat Batteries capture intermittent electric power and convert this into continuous high-temperature heat, with an option to also deliver continuous power through a combined heat and power (CHP) configuration.
  • Rondo is a leading provider of zero-carbon industrial heat and power, making deep industrial decarbonization both possible and profitable.
  • Rondo Heat Batteries are proven at scale to enable low-cost heat and electricity for customers, all from intermittent renewable electricity.
  • By working with Rondo, we can meet their energy needs for renewable energy and heat in a cleaner, affordable, and reliable way.

CP, True Leasing, SCG, Toyota, and CJPT sign Memorandum of Understanding to Further Accelerate Cross-Industry Efforts Towards Achieving Carbon Neutrality in Thailand

Retrieved on: 
Wednesday, December 20, 2023

This MOU is based on achievements to date in our joint efforts, including logistics efficiency at CP and SCG sites and the introduction of carbon-neutral mobility based on usage in Thailand.

Key Points: 
  • This MOU is based on achievements to date in our joint efforts, including logistics efficiency at CP and SCG sites and the introduction of carbon-neutral mobility based on usage in Thailand.
  • There are three areas of focus: Data Solutions, Mobility Solutions, and Energy Solutions.
  • In addition, we succeeded in flight verification of the FC Drone for fertilizing, seeding, and other tasks at a CP Farm.
  • The hydrogen was used as fuel for FC Trucks and the FC Droneand in a racing car at the end of December.

CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues

Retrieved on: 
Monday, October 2, 2023

Toyota City, Japan, Oct 2, 2023 - (JCN Newswire) - Commercial Japan Partnership Technologies (CJPT) will accelerate efforts to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia), being established in Thailand.

Key Points: 
  • Toyota City, Japan, Oct 2, 2023 - (JCN Newswire) - Commercial Japan Partnership Technologies (CJPT) will accelerate efforts to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia), being established in Thailand.
  • Since its establishment in 2021, CJPT has contributed to the realization of a carbon-neutral society through the diffusion of CASE technology and has promoted on-site efforts with its partners to reduce the burden on drivers and workers to solve logistics issues.
  • To further accelerate these efforts, CJPT believes that "now is the time to move with all our hearts and minds to raise Japan's competitiveness."
  • Last December, CJPT reached an agreement with Charoen Pokphand Group and Siam Cement Group in Thailand to promote carbon-neutral initiatives that are unique to Thailand utilizing the country's resources.

Rondo Energy Secures $60 Million from Global Giants and Leading Climate Investors to Speed Industrial Decarbonization

Retrieved on: 
Wednesday, August 16, 2023

ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. 

Key Points: 
  • ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market.
  • The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial leaders including Microsoft's Climate Innovation Fund, Rio Tinto, SABIC, Aramco Ventures, and climate investors SDCL Energy Efficiency Income Trust (SEEIT) and John Doerr.
  • "To tackle our climate challenge, we need tools to build big, low-cost, clean energy infrastructure fast.
  • U.S. Secretary of Energy Jennifer Granholm outlined DOE's vision to cut 85% of industrial heat in its Industrial Heat Shot Initiative .

Rondo Energy Secures $60 Million from Global Giants and Leading Climate Investors to Speed Industrial Decarbonization

Retrieved on: 
Wednesday, August 16, 2023

ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. 

Key Points: 
  • ALAMEDA, Calif., Aug. 16, 2023 /PRNewswire/ -- Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market.
  • The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial leaders including Microsoft's Climate Innovation Fund, Rio Tinto, SABIC, Aramco Ventures, and climate investors SDCL Energy Efficiency Income Trust (SEEIT) and John Doerr.
  • "To tackle our climate challenge, we need tools to build big, low-cost, clean energy infrastructure fast.
  • U.S. Secretary of Energy Jennifer Granholm outlined DOE's vision to cut 85% of industrial heat in its Industrial Heat Shot Initiative .

Rondo Energy and Siam Cement Group Plan 90GWh Battery Factory, World's Largest

Retrieved on: 
Monday, June 26, 2023

ALAMEDA, Calif., June 26, 2023 /PRNewswire/ -- Siam Cement Group ("SCG") and Rondo Energy, Inc. ("Rondo") today announced plans to expand the production capacity of Rondo Heat Battery storage at SCG's facility to 90 GWh per year, larger than any current battery manufacturing facility worldwide. Mass production is now underway with a capacity of 2.4 GWh per year already online today. 

Key Points: 
  • ALAMEDA, Calif., June 26, 2023 /PRNewswire/ -- Siam Cement Group ("SCG") and Rondo Energy, Inc. ("Rondo") today announced plans to expand the production capacity of Rondo Heat Battery storage at SCG's facility to 90 GWh per year, larger than any current battery manufacturing facility worldwide.
  • "Energy storage is just starting to scale around the world," said Pavel Molchanov, energy analyst at Raymond James.
  • And, from an energy security standpoint, it is worth noting that this technology avoids the use of scarce and expensive materials."
  • Industry uses more energy than any other part of the world economy, and most industrial energy is used as heat.

Chrysalix Venture Capital Announces First Close for New Fund Supporting Carbon Neutral Strategies and Carbon Economy Opportunities

Retrieved on: 
Monday, June 26, 2023

Delft, Netherlands and Vancouver, Canada, June 25, 2023 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, an experienced and early stage industrial sustainability investor, announces the first close of its fifth fund, the Carbon Neutrality Fund.

Key Points: 
  • Delft, Netherlands and Vancouver, Canada, June 25, 2023 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, an experienced and early stage industrial sustainability investor, announces the first close of its fifth fund, the Carbon Neutrality Fund.
  • Carbon neutral targets are set by many of the largest global companies.
  • To achieve those targets, strategies like portfolio management, decarbonizing existing assets, and building new green businesses need to be implemented during this decade.
  • “We are pleased to welcome several leading international investors to the Carbon Neutrality Fund,” said Fred van Beuningen, Managing Partner at Chrysalix Venture Capital.

Sublime Systems Secures $40 Million Series A to Electrify and Scale Decarbonized Cement Production

Retrieved on: 
Thursday, January 19, 2023

Siam Cement Group, the largest cement producer in Southeast Asia, is also joining as a strategic investor.

Key Points: 
  • Siam Cement Group, the largest cement producer in Southeast Asia, is also joining as a strategic investor.
  • Cement production accounts for approximately 8 percent of global CO2 emissions.
  • To electrify heavy industry and reach global decarbonization goals, low-carbon cement production is critical.
  • “Low-carbon cement is critical to build a decarbonized economy,” said Leah Ellis, Co-Founder and CEO of Sublime.

CP and Toyota to join forces to study path toward carbon neutrality in Thailand

Retrieved on: 
Monday, December 19, 2022

TOKYO, Dec 14, 2022 - (JCN Newswire) - Charoen Pokphand Group (CP) and Toyota Motor Corporation (Toyota) will explore collaboration toward carbon neutrality in Thailand.

Key Points: 
  • TOKYO, Dec 14, 2022 - (JCN Newswire) - Charoen Pokphand Group (CP) and Toyota Motor Corporation (Toyota) will explore collaboration toward carbon neutrality in Thailand.
  • Since its establishment in 1921, CP has been operating with the core value of three benefits: to country, to people, and to organization.
  • I am delighted that both companies have an opportunity to jointly consider collaboration toward carbon neutrality in Thailand and welcome any companies that share the same carbon neutrality ambitions."
  • Furthermore, as carbon neutrality should be tackled by all people and industries, CP and Toyota are willing to welcome any partners who share the same view toward carbon neutrality.