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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. The basis of DGF’s integrated fuel and energy technology is the proven Fischer-Tropsch process, in use for more than 60 years.

Companies 370
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Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company.

Companies 446
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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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Toyota to supply fuel cell modules to European truck company Hyliko

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French start-up Hyliko plans to integrate Toyota’s second-generation hydrogen fuel cell modules into heavy-duty trucks for their zero-emission fleet offering. Hyliko will offer two models of fuel cell trucks: a 44t tractor and a 26t straight truck (available in 6x2 and 6x4 variants). Earlier post.)

Toyota 293
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ZeroAvia acquires high-temperature PEM fuel cell company HyPoint

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UK-based ZeroAvia, a developer of zero-emission solutions for commercial aviation, acquired in full the high-temperature PEM (HTPEM) fuel cell stack innovator HyPoint. HyPoint 150 kW turbo air-cooled HTPEM fuel cell system. Earlier post.) The financial terms of the deal were not disclosed.

Fuel 221
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Fuel cell company Loop Energy announces China approval for fuel cell bus

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Loop Energy, a hydrogen fuel cell company providing solutions for the commercial vehicle markets, announced that Skywell New Energy Vehicles Group (Skywell) received index approval from China’s Ministry of Industry & Information and Technology (MIIT) for a zero-emission public transport bus powered by Loop Energy’s fuel cell systems.

Fuel 321
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Methanol fuel cell company Blue World acquiring Danish Power Systems

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Blue World Technologies, developer and manufacturer of methanol fuel cells, is acquiring Danish Power Systems, a 25-year-old High Temperature Polymer Electrolyte Membrane (HTPEM) membrane electrode assembly (MEA) research and development company. Methanol fuel cell stack. Earlier post.) The Power-to-X value chain.

Fuel 259