article thumbnail

Hitachi Energy and H2 Green Steel partner to leverage electrification, digitalization, and hydrogen for green steel production

Green Car Congress

Hitachi Energy signed a Memorandum of Understanding (MoU) with H2 Green Steel to leverage electrification, digitalization, and hydrogen to support the decarbonization of the steel industry. H2 Green Steel production. Electrolysis is the starting point for the green steel production process.

Green 346
article thumbnail

Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

Africa 481
article thumbnail

Starfire Energy closes major funding round; green ammonia and hydrogen solutions

Green Car Congress

Starfire Energy, a Colorado-based developer of modular chemical plants for the carbon-free production of ammonia and hydrogen, has closed a major funding round. Proceeds will be used to advance the development of commercial-scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.

Hydrogen 377
article thumbnail

Maersk and Carbon Sink partner to accelerate green methanol production; Maersk’s 8th green methanol deal

Green Car Congress

Moller - Maersk (Maersk) has entered a green methanol partnership with US-based project developer Carbon Sink LLC. This is Maersk’s 8 th such agreement in the efforts to accelerate global production of green methanol. Securing green fuels at scale in this decade is critical in our fleet decarbonisation efforts.

Green 186
article thumbnail

Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

Green Car Congress

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing.

Carbon 418
article thumbnail

Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

Green Car Congress

Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. Bloom Energy officially introduced the Bloom Electrolyzer in July 2021. Source: Heliogen. Source: Heliogen.

Low Cost 397
article thumbnail

Norwegian startup Blastr plans €4B green steel plant in Finland

Green Car Congress

Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. Blastr’s project—the green steel plant together with the integrated hydrogen facility—will be among the largest industrial investments in Finland. tonnes of CO₂.

Finland 437