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SAF company DG Fuels closes investments with two Japanese companies

Green Car Congress

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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NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

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NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
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Cummins completes 50% acquisition of Momentum Fuel Technologies; JV to focus on natural gas solutions

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have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The new company combines the strengths of Momentum Fuel Technologies’ compressed natural gas (CNG) fuel delivery systems and Cummins’ powertrain expertise. Cummins Inc. and Rush Enterprises, Inc.

Gas 317
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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

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an integrated castor cultivation solution company and a subsidiary of Evogene Ltd. signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra Ag Ltd. ,

Oil 276
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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

Gas 259
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German transport company SWEG and Daimler sign LOI for first Mercedes-Benz eCitaro REX with fuel cell range-extender

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The Südwestdeutsche Verkehrs-Aktiengesellschaft (SWEG) (Southwest German Transport Company), and Daimler Buses signed a letter of intent to bring the first Mercedes-Benz eCitaro REX with a fuel-cell range extender out of series production onto the road. The company uses around 400 of its own and around 60 rented buses.

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Yanmar commercializing maritime hydrogen fuel cell system

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Yanmar Power Technology, a subsidiary of Yanmar Holdings, is commercializing a 300 kW maritime hydrogen fuel cell system. The company plans to propose the installation of this system into various ships, including passenger ships, work ships, and cargo ships operating in coastal areas where hydrogen refueling is relatively accessible.

Hydrogen 359