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New waste-to-hydrogen plant in Tokyo to convert wastewater sludge into H2 for vehicles and power generation

Green Car Congress

announced the completion of a facility in Tokyo that will convert sewage sludge into renewable hydrogen fuel for fuel cell mobility and power generation. A new facility in Tokyo that will convert sewage sludge into renewable hydrogen gas for fuel-cell vehicles is nearing completion. Renewable hydrogen systems manufacturer Ways2H Inc.

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Sumitomo Corporation of Americas makes strategic investment in hydrogen fuel provider OneH2

Green Car Congress

Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina. Their solution is both mobile and scalable.

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Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position

Green Car Congress

Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% Convertible Senior Notes due 2026.

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Port of Antwerp converting tug to methanol propulsion; becoming a multi-fuel port

Green Car Congress

The Port of Antwerp is converting a tug to methanol propulsion. Swedish shipbuilder, Scandinaos, designed the vessel’s modifications, ABC (Anglo Belgian Corporation) is responsible for converting the engine and for installing the methanol tanks and pipes, while the German company, Heinzmann, is adapting the injectors.

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Bharat Forge executes allotment of INR 125cr non-convertible debentures – ET Auto

Baua Electric

By adhering to regulatory guidelines and maintaining transparency, Bharat Forge said that it reaffirms its commitment to corporate governance and stakeholder confidence. The successful issuance of NCDs underscores the confidence investors place in Bharat Forge’s robust business model and its potential for sustained value creation.

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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

How Corporations Can Help the U.S. Meanwhile, the electrification of city- and corporate-owned vehicles has been dominating recent headlines. And large corporations like Amazon aren’t the only ones currently converting their fleets from gas to electric. News and World Report recently posed the question: will the U.S.

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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

Green Car Congress

OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing.

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