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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

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The series B funds will be used for scaling fuel cell production as well as investing in the development of methanol-driven fuel cell applications for the maritime sector. In late 2021, the company insourced all the production of the core fuel cell components and is currently in pre-series production.

Companies 293
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New Road Map to a US Hydrogen Economy

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A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Road Map to a US Hydrogen Economy ”. —Fuel Cell and Hydrogen Energy Association (FCHEA) President Morry Markowitz.

Economy 521
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PNNL team develops onboard fuel separation technology to enable octane-on-demand for improved fuel economy

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Researchers at the US Department of Energy’s Pacific Northwest National Laboratory (PNNL) have developed an onboard separation system that could support increased fuel economy and lower greenhouse gas emissions as part of an octane-on-demand fuel-delivery system. Unfortunately, these engines exacerbate engine knock.

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Amazon invests in electrofuels company Infinium

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The funding round was led by AP Ventures, a leader in venture capital related to the hydrogen economy. Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals.

Companies 435
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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

Renewable 199
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Bosch starts volume production of its fuel-cell power module; Nikola pilot customer

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Bosch has now begun volume production of its Fuel-Cell Power Module (FCPM) at its Stuttgart-Feuerbach location. Nikola Corporation, based in the United States, will serve as the pilot customer with its Class 8 hydrogen fuel cell electric truck, which is scheduled to enter the North American market in the third quarter of 2023.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). This figure provides perspective on the performance of actual quantities of fuel consumed in California. Fuels are compared to an annually declining baseline.

Clean 367