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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

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BNEF: cost of new renewables rises as inflation starts to bite

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Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. These cost hikes mark a rough patch for renewables, but not an inflection point.

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Vulcan Energy and Nobian to form JV for Central Lithium Plant

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Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

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Anaergia to supply CO2 to European Energy A/S for green e-methanol production as fuel for container ships

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Once this gas is processed, Anaergia produces pipeline quality renewable natural gas (RNG) and a clean stream of carbon dioxide that normally gets released to the atmosphere. European Energy, a major multinational renewable wind and solar energy producer, will produce green e-methanol from this biogenic CO 2.

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Hysata closes $42.5M AUD Series A to commercialize capillary-fed electrolysis

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Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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Green methanol is the only market-ready and scalable available solution today for shipping. European Energy (Denmark). European Energy is a global renewable energy company and project developer (wind, solar and Power to X). Orsted (Denmark). Maersk intends to offtake the full volume produced.

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Vattenfall may provide hydrogen for Preem large-scale biofuel project

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Preem, the largest fuel company in Sweden, and Vattenfall have concluded an agreement to investigate the potential Vattenfall’s providing of hydrogen gas in the large scale production of biofuel for the Swedish market. Preem and Vattenfall will set up a work group and pilot study which are financed by both parties.

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