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Germany and Australia to establish alliance on green hydrogen supply chain

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German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

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

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This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1 In 2022, more than 111.9

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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

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Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., Verde plans to invest in further infrastructure development, giving H2X Global expanded access to manufacturing and distribution facilities.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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Driverless vehicle startup Conigital says it secures £500M Series A+ funding offer with global private equity infrastructure firm

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Conigital , a UK-based driverless vehicle company with operations in Australia, Brazil, and India, said it has secured an offer of £500 million (US$626 million) in Series A+ funding. This bridge financing safeguards uninterrupted progress as Conigital approaches the finalization of larger funds.

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Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

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The intent of the MOU is to evaluate collaborative opportunities strategically to locate, construct, and operate mid-stream graphite processing facilities throughout the world to support the global electrification of mobility. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

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Ballard signs MOU with Global Energy Ventures for development of fuel-cell-powered hydrogen carrier C-H2

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Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. Earlier post.).

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