Remove Commercial Remove Convert Remove Financing Remove Grant
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

DOE announces $15.5B package primarily focused on retooling existing factories for EVs

Green Car Congress

This includes making available $2 billion in grants and up to $10 billion in loans to support automotive manufacturing conversion projects that retain high-quality jobs in communities that currently host these manufacturing facilities. Converting and Retrofitting America’s Manufacturing Plants.

article thumbnail

ZeroAvia and MONTE strike deal for 100 hydrogen-electric powertrains to enable zero-emission aircraft leasing

Green Car Congress

As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.

Hydrogen 370
article thumbnail

Fulcrum BioEnergy demonstrates integrated process to convert MSW to jet and diesel; $4.7M DoD grant to begin plant engineering

Green Car Congress

The plant includes the same MSW sorting, gasification and fuel production systems that will be utilized in Fulcrum’s commercial plants. Fulcrum’s fully-integrated processes for converting MSW to jet fuel, diesel and ethanol have been proven and demonstrated at Fulcrum’s demonstration facility located in Durham, North Carolina.

Grant 199
article thumbnail

Mascoma and Valero establish JV for commercial-scale hardwood cellulosic ethanol facility; Valero providing majority of financing

Green Car Congress

Longyear LLC, signed a non-binding letter of intent to support the construction of a commercial-scale wood-based cellulosic ethanol biorefinery in Kinross; at the time, construction was projected to begin this year. In January, Valero invested in Mascoma ( earlier post ).

Financing 210
article thumbnail

Global Bioenergies secures a €5.7M grant to proceed with its second industrial pilot in Germany

Green Car Congress

million) grant, should include a three-year study at the Fraunhofer Center for Chemical-Biotechnological Processes (CBP). The pre-commercial pilot is designed for an isobutene production capacity of up to 100 tons per year. million grant from the BMBF within the “BioEconomy Cluster” framework. million (US$7.7-million)

Grant 225
article thumbnail

Algenol closes on additional $25M internal equity financing

Green Car Congress

Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. The company is working to commercialize this technology and scale production of its products. This new investment follows a previous investment of $40 million from BioFields in 2014.

Financing 150