Green Markets is a daily series dedicated to highlighting events of interest that could impact investments within environmental markets.
Electric Vehicles
Hyundai Motor Group has announced a $16.6 billion investment to advance EVs, hydrogen technology, and autonomous systems. The funds will be allocated to R&D, production line upgrades, and strategic initiatives, with $7.84 billion focused on next-gen technologies and $8.18 billion on EV production enhancements.
Related Stock List(s): Electric Vehicle Stocks
Hydrogen
MAIRE has been awarded a $125 million contract to design and construct a hydrogen production unit (HPU) at the Pengerang Biorefinery in Johor, Malaysia. The HPU will supply 38,000 normal metric cubes per hour of hydrogen to produce Sustainable Aviation Fuel (SAF), Hydrotreated Vegetable Oil (HVO), and bio-naphtha from 650,000 tons of raw materials annually. The facility, part of a joint venture led by PETRONAS, is expected to be operational by 2028.
Related Stock List(s): Hydrogen Stocks
Nuclear Energy
Vietnam has signed a nuclear energy cooperation agreement with Russia's Rosatom. The deal signals Vietnam's intent to revive its nuclear energy program, which had been on hold for years, as the country seeks to increase power generation to support its rapidly growing industrial sector.
Related Stock List(s): Nuclear Energy & Uranium Stocks
Renewable Energy
The United Arab Emirates (UAE) is planning a $6 billion solar and battery project aimed at providing uninterrupted power supply and boosting clean energy. The initiative will involve the construction of 5.2 GW of new solar capacity linked to significant battery storage. The project is scheduled for completion by 2027.
Investment Funds
Schroders has been awarded a £5.2 billion ($6.3 billion) sustainable investment mandate from UK wealth manager St. James's Place (SJP) to manage the SJP Sustainable & Responsible Equity fund.
South Korea has launched a $680 million green marine fuel infrastructure fund, co-established by the Ministry of Oceans and Fisheries and the Korea Ocean Business Corporation (KOBC). The fund will finance the construction of eco-friendly fuel storage facilities and four bunkering vessels by 2030. Key projects include expanding liquid cargo storage at Hyundai Oil Terminal in Ulsan, designated as a green fuel hub, and developing the Yeosu Myodo LNG terminal by 2027.