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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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Wärtsilä and Grieg to build green ammonia-fueled tanker

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The technology group Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are jointly running a project to launch an ammonia-fueled tanker producing no greenhouse gas emissions by 2024. We see a strong interest from owners of ferries, offshore supply ships, fishing vessels, and from energy-producing companies.

Green 508
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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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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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World’s green hydrogen leaders unite to drive 50-fold scale-up in six years. The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

Green 321
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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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SK invests in electrofuels company Infinium

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Infinium Electrofuels technology converts carbon dioxide waste and renewable power through its proprietary process to create hydrogen-based alternatives to traditional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.

Companies 435
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Industry & environmentalists tell EU the future of shipping fuel is green hydrogen and ammonia

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The EU should promote the use of green hydrogen and ammonia by ships as part of its upcoming maritime fuel law, major shipping industry players and environmentalists have told the European Commission. The FuelEU Maritime initiative will require ships carrying EU trade to progressively switch to sustainable alternative fuels.

Hydrogen 360