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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

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Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai believes China has a massive potential for hydrogen powered commercial vehicles. —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

Hyundai 356
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Researchers find capillary-fed electrolysis cell can deliver hydrogen at 98% cell energy efficiency

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In an open access paper published in Nature Communications , researchers from the University of Wollongong in Australia report that their capillary-fed electrolysis cell demonstrates water electrolysis performance exceeding commercial electrolysis cells, with a cell voltage at 0.5 kWh/kg in commercial electrolysis cells). Hodges et al.

Hydrogen 396
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DOE EERE seeking input on commercialization of energy efficiency and renewable energy technologies

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The US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) has issued a Request for Information (RFI) (DE-FOA-0001001) to gain public input on its efforts to facilitate the commercialization of energy efficiency and renewable energy technologies. Early-Stage Finance. Source: EERE.

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Valero providing construction financing for Valero-Diamond renewable diesel JV

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A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Darling International Inc.

Financing 186
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Elevance Renewable Sciences raises $100M in Series C Financing; Total Energy Ventures joins in

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Elevance Renewable Sciences, Inc., which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. The technology underlying ERS’ processes is based on the work of Nobel Laureate Dr. Robert H. Earlier post.).

Financing 210
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Algenol closes on additional $25M internal equity financing

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Algal fuels producer Algenol has closed on a $25-million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. The algal bio-oil can be used to produce biodiesel, renewable diesel, or other bio-oil-derived products.

Financing 150
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ClearEdge Power completes $73.5M Series E financing round

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million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes. The financing will be used to further grow customer adoption in key commercial markets, expand internationally and develop and commercialize new products.

Financing 210