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EU Innovation Fund grants €108M to RWE’s waste-to-hydrogen project FUREC

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RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. The CO 2 released during the hydrogen production is captured and can be stored or possibly used as a raw material by industry in the future.

Waste 448
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Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets

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million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. Niron will use this financing to advance the commercial partnerships and pilot production of its rare earth-free Clean Earth Magnet, further demonstrating its potential to replace rare earth permanent magnets.

Grant 345
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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

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The Licence grants exclusive rights to mine graphite from within the M1 mining area. The Government of Sri Lanka granted the company’s wholly owned subsidiary Sarcon Development (Pvt) Ltd. Vancouver-based Ceylon Graphite Corp.

Sri Lanka 417
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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DOE pulls grant funding from BlueFire Renewables cellulosic biofuels plant

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In an 8K filing with the SEC, BlueFire said that it is seeking to re-establish funding under the DOE Grant and has initiated the appeals process with the DOE. BlueFire also asserted that if it failed in reversing the DOE decision, it would devise a new strategy with respect to financing the Fulton Project. BlueFire Renewables, Inc.,

Grant 210
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DPG and EPEC Biofuels Holdings LLC Form JV to Finance Sorghum Ethanol and Other Biofuels Projects; Up To $376M for Sorghum Ethanol Project Financing

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a sweet sorghum ethanol company, to form a platform finance company which will provide project financing for EPEC and select financing initiatives in the biofuels and renewable energy sectors. In addition, EPEC seeks to become a global leader in manufacturing and servicing modular ethanol production equipment.

Financing 186
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Ceres awarded Brazil government loan and grant to enhance sorghum and sugarcane development programs

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an agricultural biotechnology and seed company, will enhance its product development programs in Brazil and expand its development activities in biotech traits for sorghum and sugarcane over the next four years. million, in the form of non-repayable grants to be drawn over four years. Ceres, Inc. ,

Brazil 210