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UGI and Vertimass in 15-year agreement to produce renewable fuels in the US and Europe; $500M investment; propane and SAF

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UGI Corporation has entered into a 15-year agreement with California-based technology developer Vertimass to utilize their catalytic technology to produce renewable fuels from renewable ethanol in the US and Europe. The technology enables flexible production of the renewable fuels to align with regional market demand.

Renewable 305
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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. With E-STOR commercial scale energy storage systems, end users can generate new revenues, save energy costs and make better use of renewable energy generation.

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Air Liquide takes 18.6% stake in Hydrogenics; “strategic investment” in carbon-free hydrogen

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stake in the capital of Canada-based Hydrogenics Corporation , a leader in electrolytic hydrogen production equipment and fuel cells. million, reaffirms its long-term commitment to the hydrogen energy markets and its ambition to be a major player in the supply of carbon-free hydrogen, particularly for industry and mobility markets.

Hydrogen 207
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Cummins & Sinopec launch JV to produce and promote green hydrogen technologies in China

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and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., As the first fund of Sinopec, the Enze Fund will also leverage Sinopec’s resources in supply chain optimization, sales and marketing network to accelerate the future business growth of the joint venture.

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LanzaTech China JV reports 9M gallons of ethanol made from steel flue gas; new JV for PET

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The ethanol will be converted into sample runs of products requested by consumer brands looking to bring sustainably sourced recycled carbon into their supply chain. As for the 3rd generation bHTY, the waste gases of oil refining and manufacturing steel are fermented into ethanol then chemically converted to ethylene glycol.