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Rolls-Royce and SOWITEC cooperate on power-to-X projects

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Rolls-Royce Power Systems and SOWITEC, a specialist in renewable energy projects, have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 megawatts by 2028. With more than 4.2

Power 186
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Elevance Renewable Sciences raises $100M in Series C Financing; Total Energy Ventures joins in

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Elevance Renewable Sciences, Inc., which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. The investment will support Elevance’s continued growth, including expansion and creation of biorefineries in Asia, North and South America.

Financing 210
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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Size of the diameter of the circle represents the size of the project.

Renewable 150
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Bio- and jet-fuel carinata feedstock company Agrisoma closes $15.4M Series B financing

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million Series B financing round, co-led by new investor Groupe Lune Rouge and current investors Cycle Capital Management, and BDC Venture Capital. Like other oilseed crops, such as canola, soybean and corn, carinata oil is extracted when the harvested seed is crushed.

Financing 150