article thumbnail

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

Green Car Congress

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
article thumbnail

SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. The facility will process 42,000 tons of recycled waste annually.

Waste 448
article thumbnail

Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

Green Car Congress

a leading waste-to-biofuels and chemicals producer, has completed a C$280-million (US$223 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. Canada-based Enerkem Inc., Earlier post.).

Financing 199
article thumbnail

Waste-to-biofuels company Enerkem raised C$50 million in latest financing round

Green Car Congress

Canada-based waste-to-biofuels company Enerkem Inc. million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 With its proprietary technology, Enerkem converts non-recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. gasification.

Financing 210
article thumbnail

Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

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.,

Financing 170
article thumbnail

Enerkem raises C$15M in project equity financing for its commercial waste-to-biofuels facility in Alberta

Green Car Congress

Waste Management and EB Investments are investing C$15 million (US$14.6 which is currently building a full-scale commercial facility in Edmonton, using Enerkem’s proprietary technology. Total financing raised by Enerkem in 2011, both at the corporate and project subsidiary levels, now amounts to C$103 million. Earlier post.)

Financing 218
article thumbnail

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

Green Car Congress

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