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

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million) Series A financing round. Trafigura, TechEnergy Ventures and Doral Energy-Tech Ventures also participated in the financing. Leveraging the funding, OXCCU plans to accelerate its path to market by scaling its catalytic approach to convert hydrogen and carbon dioxide into SAF and other sustainable fuels.

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Synhelion raises CHF 22M (US$23.6M) to support scaling of solar fuel production

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million) in another financing round. The proceeds of the investment round will accelerate the company’s growth and support the scaling and commercialization of Synhelion’s solar fuels technology. Synhelion is developing two pathways to solar fuels: Redox splitting. This ultra-clean solar fuel closes the carbon cycle.

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QUANTRON introduces new CIZARIS 12m electric bus; BEV first, fuel cell model next year

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The new bus model in the Augsburg-based company’s bus portfolio will be launched as an all-electric version (CIZARIS 12 EV), followed in 2023 by a fuel cell drive (CIZARIS 12 H) that uses a largely identical powertrain. With the introduction of the fuel cell version, an even more powerful powertrain will be used.

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Empa and partners exploring DME as fuel with new heavy-duty test engine

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Empa, together with FPT Motorenforschung AG Arbon, Politechnico di Milano, lubricant manufacturer Motorex and other partners, is exporing the use of DME as a fuel for heavy-duty engines. The research project is co-financed by the Swiss Federal Office of Energy (FOEN). Water is formed as a by-product. —Patrik Soltic.

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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet’s green fuels are chemically identical to fossil fuels, with one of the lowest capital costs in the industry. Click to enlarge.

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Study confirms €1T green hydrogen potential for Africa

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Government leaders, ministers, international finance, business partners and civil society from across Africa attended the unveiling event. 1 trillion green hydrogen investment can deliver the equivalent of more than one-third of Africa’s current energy consumption, boost GDP, improve clean water supply and empower communities.

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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

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which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.

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