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bp leads $12.5M Series A investment in water vapor electrolyzer innovator Advanced Ionics

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million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The new capital will help catalyze Advanced Ionics’ growth and facilitate the initial deployment of its water vapor electrolyzer technology for heavy industry.

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Empa and partners exploring DME as fuel with new heavy-duty test engine

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Empa, together with FPT Motorenforschung AG Arbon, Politechnico di Milano, lubricant manufacturer Motorex and other partners, is exporing the use of DME as a fuel for heavy-duty engines. A DME test engine has been in operation on a dynamometer in Empa’s Automotive Powertrains Technologies Laboratory. Image: Empa. —Patrik Soltic.

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Japanese banks financed most of the Mumbai Trans Harbour Link. Tap to know the cost. | Autocar Professional

Baua Electric

The Mumbai Trans Harbour Link road is quite a feat of engineering and it’ll be ready for public use on January 12, 2024. Design and engineering Engineering the bridge was particularly challenging. Rypee and Yen Japanese banks provided most of the finance for the bridge (it costs roughly Rs 18,000 crore).

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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

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million) in another financing round. Synhelion has developed a solar thermal process for the production of syngas, which is then used in standard industrial processes to synthesize liquid fuels, such as kerosene, gasoline, or diesel, that are compatible with conventional jet engines and internal combustion engines.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. Bechtel will be responsible for the engineering and procurement for the balance of the plant, and the installation, construction and commissioning of the facility.

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NREL and Electric Hydrogen partner to develop high-performance electrolyzer components

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In June, Electric Hydrogen closed a $24-million Series A financing to support continued product development and expansion of its operations in the Greater Boston and San Francisco Bay areas. Electric Hydrogen was founded by a team of energy transition veterans from First Solar and Tesla.

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STEAG and thyssenkrupp planning joint green hydrogen project

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Essen-based energy company STEAG, Duisburg-based steel producer thyssenkrupp Steel and Dortmund-based thyssenkrupp Uhde Chlorine Engineers, specializing in electrolysis technology, are working on a joint feasibility study. This modular system allows to easily scale up a plant to several hundred megawatts or gigawatts.

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