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Liquid Wind raises €4M in equity to produce eFuel

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Liquid Wind has closed its Series A funding round, securing €4M in equity investment. The investment will be used for the development of Liquid Wind’s first eMethanol production facility, and support plans for further facilities. To meet growing demand for cleaner fuel, Liquid Wind are designing the business to scale rapidly.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. —Ethan Zindler, head of Americas at BNEF.

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Australian Government establishes A$300M fund to support hydrogen projects

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The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e.,

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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European Energy is a global renewable energy company and project developer (wind, solar and Power to X). Orsted is a global renewable energy company with activities within onshore wind, solar-pv, Power-to-X, and offshore wind, where the company is the world leader. Maersk intends to offtake the full volume produced.

Green 199
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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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At the same time, there are few signs of the substantial reallocation of capital towards energy efficiency and cleaner supply sources that is needed to bring investments in line with the Paris Agreement and other sustainable development goals. Whichever way you look, we are storing up risks for the future.

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