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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. FUREC receives funding from the EU Innovation Fund, which is 100% financed by the EU Emissions Trading System (ETS). textiles, paper).

Waste 448
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Westinghouse files for Chapter 11 protection in US and secures $800M in DIP financing to fund operations

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Westinghouse has obtained $800 million in debtor-in-possession (DIP) financing from a third-party lender to help fund and protect its core businesses during its reorganization. The financing will also allow for new letters of credit to be issued. Existing letters of credit have been cash collateralized in full and will remain in place.

Financing 150
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ArcelorMittal, LanzaTech and Primetals to build €87M commercial-scale waste-gas-to-ethanol plant

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The partners said the project will demonstrate the added value of recycling waste streams, not only by reducing emissions at source, hence reducing ArcelorMittal’s direct carbon footprint, but by keeping fossil fuels in the ground through the production of commodity chemicals and fuels that would otherwise be made from oil. Earlier post.).

Waste 150
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Aemetis selects Worley to provide engineering for renewable jet and diesel production plant; Axens technology

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The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas (RNG).

Renewable 186
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EC presents action plan for critical raw materials

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For e-car batteries and energy storage alone, Europe will for instance need up to 18 times more lithium by 2030 and up to 60 times more by 2050. A number of raw materials are essential for Europe to lead the green and digital transition and remain the world’s first industrial continent. —Maroš Šef?ovi?,

Europe 365
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6K raises $51M to accelerate advanced battery material development and global expansion of additive manufacturing powders

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6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round. 6K’s UniMelt platform offers multifaceted sustainability benefits.

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Euro Manganese enters offtake term sheet with battery-maker Verkor

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Located approximately 90 km east of Prague , the Chvaletice Manganese Project entails re-processing a significant manganese deposit contained in waste (tailings) from a decommissioned mine that operated between 1951 and 1975. Pricing is subject to a floor price which ensures the company will meet its project financing debt covenants.