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NEOM Green Hydrogen Company completes financial close of $8.4B for world’s largest green hydrogen plant

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NGHC has also concluded the engineering, procurement, and construction (EPC) agreement with Air Products as the nominated contractor and system integrator for the entire facility. The plant is currently being built at Oxagon, in Saudi Arabia’s region of NEOM.

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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

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the developer of a family of two-stroke compression-ignition opposed-piston engines ( earlier post ), has finalized $35.2 million in Series C financing. The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize.

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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

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Pinnacle Engines, developer of a highly efficient 4-stroke, spark-ignited (SI), opposed-piston, sleeve-valve architecture engine ( earlier post ), has appointed five industry leaders to its newly formed Asian Business Advisory Board. Phil is also a member of Pinnacle’s Board of Directors.

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ZeroAvia completes $150M Series C financing, including investments from Airbus and AA

Baua Electric

Hydrogen-electric plane developer ZeroAvia has completed another successful financing round, led by some of its previous investors and some new ones. Source: ZeroAvia ZeroAvia adds more names to its investment rolodex The sustainable aviation company shared details of its extended financing round today.

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The Boring Company starts negotiations for San Antonio, Texas Loop

Teslarati

The Boring Company (TBC) started negotiations with the Alamo Regional Mobility Authority (RMA) after board members voted to conduct a feasibility study into the project. The Boring Company was one of two finalists for the San Antonio transportation project. Both companies presented their proposals to the Alamo RMA.

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Gensol Engineering appoints Kuljit S Popli as Independent Director | Autocar Professional

Baua Electric

Gensol Engineering has appointed Kuljit Singh Popli as an Independent Director (Non-Executive) and Ali Imran Naqvi as Executive Director. Popli is a Founder Director of Clime Finance Pvt. He has also been associated with Power Finance Corporation (PFC), National Hydroelectric Power Corporation (NHPC). right from its inception.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4

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