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Australian Government establishes A$300M fund to support hydrogen projects

Green Car Congress

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). As an early priority, CEFC will seek investment in projects included in the ARENA Renewable Hydrogen Deployment Funding Round. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

Hydrogen 286
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ITM Power to study large-scale production of renewable hydrogen in British Columbia; export to Japan and California

Green Car Congress

The British Columbia Government Ministries of Energy, Mines and Petroleum Resources and Jobs, Trade and Technology has awarded ITM Power a grant to undertake a Power-to-Gas (P2G) feasibility study. Once fully financed, the contract value of the pilot plant will be added to ITM Power’s opportunity pipeline. and G&S Budd Consulting Ltd.

Hydrogen 186
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Global Bioenergies and Cristal Union form JV to produce renewable isobutene

Green Car Congress

Global Bioenergies, a developer of one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, and Cristal Union, the 4 th largest European beet producer, have formed IBN-One, a joint venture to build and operate the first plant in France converting renewable resources into isobutene.

Renewable 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008).

Financing 150
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Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation.

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Mascoma and Valero establish JV for commercial-scale hardwood cellulosic ethanol facility; Valero providing majority of financing

Green Car Congress

At that time, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan.

Financing 210
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Three veterans join leadership team of Lohum Cleantech – ET Auto

Baua Electric

The company onboarded veteran investor Sachin Maheshwari as Head of Corporate Development, finance leader Nitin Goel as Chief Financial Officer (CFO), and R&D Pioneer Chidambaram Mandan as Vice-President and Head of R&D and Quality Control.

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