Green Car Congress

MARCH 13, 2021

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.

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Green Car Congress

OCTOBER 29, 2021

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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Financing Engine Iowa Diesel 318

Green Car Congress

FEBRUARY 7, 2023

MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.

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Financing Hydrogen Manufacturer Wind 243

Green Car Congress

JANUARY 25, 2021

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans In the coming years, thyssenkrupp Steel’s climate strategy will entail a continuously increasing and constant demand for green hydrogen. ©euroluftbild.de/Hans Hans Blossey.

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Hydrogen Green Climate Economy 482

Green Car Congress

DECEMBER 12, 2022

IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. This would be the end of the plant, IG Metall said. With a current production volume of 4.2

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Financing Climate Conversion Production 221

Green Car Congress

JANUARY 11, 2022

The EIB financing is supported under the European Fund for Strategic Investments (EFSI), the main pillar of the European Commission’s Investment Plan for Europe. It makes long-term finance available for sound investment in order to contribute towards EU policy goals. —Roeland Baan, CEO of Haldor Topsoe.

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Green Energy Financing Hydrogen 199

Green Car Congress

JULY 16, 2023

Ohmium International, a green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, announced a strategic collaboration with Aquastill , one of the leaders in modular membrane distillation technology that uses the sustainable power of waste heat for desalination.

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Hydrogen Green Waste Clean 150

Green Car Congress

JUNE 15, 2023

million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

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Carbon Fuel Financing Hydrogen 418

Innovation News Network

MARCH 11, 2024

Alba Forns Albuixech and Kristina Lyubomirova Lazarova explore how to bridge the gap in climate finance for a green future. The post How to bridge the gap in climate finance appeared first on Innovation News Network.

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Financing Climate Green Future 59

Green Car Congress

JUNE 11, 2022

The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. ACES Delta is a joint venture between Mitsubishi Power Americas and Magnum Development.

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Energy Storage Clean Cleaning Hydrogen 415

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. Japan is expected to be a large importer of green ammonia in the future.

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South Africa Hydrogen Green Africa 186

Green Car Congress

AUGUST 16, 2021

thyssenkrupp has been awarded a contract to perform a technical study for a new green hydrogen and green ammonia project by the Emirati company Helios. It will be the first commercial plant to produce CO 2 -free green ammonia from renewable resources in the UAE. Saiyed, Managing Director of Helios.

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UAE United Arab Emirates Hydrogen Green 186

Green Car Congress

MAY 3, 2023

announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc. The fuel cells will also produce a net 2.3

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Renewable Hydrogen Supplies North America 199

Green Car Congress

MARCH 5, 2020

DEME Concessions and Omani partners are partnering to develop a world-leading, green hydrogen plant in Duqm, Oman. The feasibility phase will be followed by the detailed design and engineering, further project development and finalization of offtake routes and financing.

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Oman Hydrogen Green Mariner 269

Green Car Congress

NOVEMBER 5, 2021

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Financing Ford Clean Cleaning 170

Green Car Congress

JUNE 15, 2022

ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen per year (Mtpa) by 2030, underpinned by around 30 gigawatts (GW) of new renewable power generation capacity, as its first milestone.

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India Hydrogen Green Industrial 150

Green Car Congress

FEBRUARY 22, 2023

In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. 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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Hydrogen Economy Global Market 473

Green Car Congress

AUGUST 19, 2022

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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Green Supplies Energy Denmark 186

Green Car Congress

APRIL 27, 2021

has selected Axens Vegan Renewable Hydroprocessing technology for its “Carbon Zero 1” production plant in Riverbank, California. Axens Vegan technology is designed to hydrotreat a wide range of lipids and to produce a flexible slate of low-density and high cetane renewable diesel as well as renewable jet fuel. Aemetis, Inc.

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Renewable Diesel California Fuel 243

Green Car Congress

DECEMBER 24, 2021

The US Department of Energy (DOE) has released a new Request for Information (RFI) on the scale-up and demonstration of renewable fuels. BETO recognizes the availability of financing for first-of-a-kind process systems can be a barrier to commercializing advanced biofuels.

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Renewable Fuel Mariner Diesel 186

Green Car Congress

JANUARY 22, 2015

Green Biologics (GBL) closed an internal follow-on equity round of $42 million co-led by Swire Pacific Limited and Sofinnova Partners. This $76-million financing follows GBL’s previous equity round of $25 million in December 2013, bringing GBL’s total fund raising to just over $100 million since late 2013. based in Gahanna, Ohio.

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Financing Green Minnesota Ohio 150

Green Car Congress

NOVEMBER 26, 2014

The Hydrogen Education Foundation announced the 11 th annual Hydrogen Student Design Contest, which will challenge student teams to develop business and financing models for hydrogen fueling stations. In previous years, teams have designed fueling stations, airport systems, and green buildings—all using hydrogen.

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Financing Hydrogen 2015 Design 250

Baua Electric

MAY 5, 2024

Beyond electric buses, REC has outlined a tenfold higher allocation towards the entire renewable energy portfolio to about Rs 3 lakh crore by 2030. REC’s green hydrogen and solar mission REC Ltd’s disbursal towards green hydrogen projects in FY24 stood at Rs 7997 crore from nil disbursements made in FY23.

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Financing United Kingdom Solar Hydrogen 52

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet’s green fuels are chemically identical to fossil fuels, with one of the lowest capital costs in the industry. The private placement has been jointly led by UBS and Goldman Sachs.

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Financing Renewable Companies Fuel 225

Green Car Congress

MAY 21, 2020

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. SGH2 says that its green hydrogen is cost competitive with “gray” hydrogen produced from fossil fuels such as natural gas—the source of the majority of hydrogen used in the United States. —Lancaster Mayor R.

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Waste Hydrogen Green California 448

Green Car Congress

MARCH 11, 2022

To boost the global production capacity of green methanol, A.P. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Maersk’s green methanol sourcing partners.

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Green Companies Switzerland Denmark 199

Green Car Congress

MARCH 21, 2022

With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. 2 and 85 °C of only 1.51 V, equating to 98% energy efficiency, with an energy consumption of 40.4

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Hydrogen Energy Water Renewable 396

Green Car Congress

MAY 18, 2022

BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. Sites with renewable energy sources could nearly eliminate their carbon footprint, as well as most of the harmful reagents used in today’s lithium refining.

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BMW Green Carbon Convert 243

Green Car Congress

MARCH 19, 2021

Aquamarine is developing a large-scale green ammonia facility to be constructed in multiple stages. In the first stage of the project, the proposed facility will use Haldor Topsoe’s proprietary solid oxide electrolyzer cells (SOEC) ( earlier post ) to produce green hydrogen from 100 MW of renewable electricity. —Joel H.

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Green Saudi Arabia Hydrogen Mariner 186

Green Car Congress

MAY 4, 2020

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). As an early priority, CEFC will seek investment in projects included in the ARENA Renewable Hydrogen Deployment Funding Round. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

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Hydrogen Financing Australia Renewable 286

Green Car Congress

MAY 10, 2014

a leading renewable technology, chemical products, and next generation biofuels company, has closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. million in convertible debentures within 90 days of closing of the Financing.

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Financing Convert Renewable Price 231

Green Car Congress

DECEMBER 8, 2021

Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland. billion, inclusive of renewable fuels and related products for the food chain.

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Renewable Supplies Fuel Switzerland 186

Green Car Congress

JULY 1, 2022

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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Cost Of Renewable Wind Egypt 210

Green Car Congress

JUNE 2, 2013

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis.

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Volt Financing Gas Power 334

Green Car Congress

JUNE 17, 2021

has awarded an engineering services contract to Worley for the Aemetis “Carbon Zero” renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Aemetis, Inc.

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Renewable Diesel Engine Production 186

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

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Financing Renewable Diesel Louisiana 186

Green Car Congress

JUNE 21, 2021

Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)

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Renewable Carbon Diesel Engine 186