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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. In 2012, Estonia mined 15.86 million tonnes.

Estonia 236
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Supercap company Skeleton closes €37.6M in Round D3; total D round funding at €108M

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We firmly believe that, to meet the Paris climate targets, additional fundamental innovation in energy storage is needed and this will be executed by deep tech companies. The oversubscribed round included top European entrepreneurs who have built some of the most successful tech companies in Europe, coupled with industry specialists.

Companies 150
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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The European Commission approved , under EU State aid rules, an Important Project of Common European Interest (IPCEI) to support research and innovation and first industrial deployment in the hydrogen technology value chain. Investing in such innovative technologies can however be risky for one Member State or one company alone.

Hydrogen 293
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Skeleton Technologies Group has three main locations: its manufacturing in Großröhrsdorf, Saxony, Germany, materials development in Bitterfeld-Wolfen, Saxony-Anhalt and electrical engineering in Tallinn, Estonia. From its foundation in 2009, Skeleton has grown from 4 to close to 200 people working for the company.

Estonia 186
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Hyundai makes Series B investment in hydrogen and fuel cell catalyst maker Pajarito Powder

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US-based startup Pajarito Powder has received a Series-B investment from Hyundai Motor Company. The investment is intended to allow Hyundai Motor to expand its portfolio in the value chain of the hydrogen industry and strengthen the establishment of the hydrogen ecosystem. 2021.100052.

Hyundai 186
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UP Catalyst offering carbon-negative graphite for European battery supply chain

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UP Catalyst , an Estonia-based company developing a method to produce sustainable carbon nanomaterials and graphite from CO 2 ( earlier post ), says that it can produce carbon-negative graphite, consuming 3.7 In the past year, the company has secured €4.3 In the past year, the company has secured €4.3

Carbon 186
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Molycorp purchases remaining shares of European rare earth processing company

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has purchased the remaining shares of Molycorp Silmet AS, one of only two rare earth processing companies in Europe. Molycorp now owns 100% of the Sillamäe, Estonia-based facility, known as Molycorp Sillamäe. Molycorp, Inc. With offices in the US, Europe, and Japan, Molycorp, Inc.

Purchase 199