Australian electrolyzer firm raises $111m
bp Ventures and Templewater each invested $10m to co-lead the $111.3m Series B round.
May 9, 2024
bp Ventures and Templewater each invested $10m to co-lead the $111.3m Series B round.
Providing green ammonia as a bunker fuel as well as for global exports out of Corpus Christi could significantly drive down delivered costs.
The modular design allows plants to be built on skids with interchangeable components.
The towboat is being designed as a first-of-its-kind vessel using new, cleaner, fuel cell technology that works by converting stored methanol to hydrogen.
Capital Power has discontinued an Alberta CCS project for a natural gas plant, saying the economics did not add up.
Independent power development company Tenaska is advancing a portfolio of more than 10 carbon capture and sequestration hubs across the US. We spoke with Bret Estep, who heads up the CCS strategy for the firm.
The startup has complete phase II of a project with the US Army to develop and scale a formate electrolyzer cell.
A bioenergy facility in Saskatchewan will add carbon capture and storage, which would generate about 70,000 CDR credits annually, making it the largest CDR project in Canada.
Comstock is investing up to $3m to support applications for RenFuel and Comstock complementary renewable fuel technologies, and the continued development of the 100,000 metric ton per year biorefinery joint venture project in Sweden.
In a blockbuster report on the U.S. hydrogen industry, the NPC, an advisor to the Department of Energy, called for greater government action in order to meet ambitious net zero emissions targets by 2050.