Ocergy has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV) for the commercialization of its sustainable offshore solutions. The Series A round will fund Ocergy’s OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy. Ocergy’s low-cost floating offshore wind turbine foundation has the potential to meet local supply […]
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United Kingdom – HyNet North West, a hydrogen energy and Carbon Capture, Usage and Storage (CCUS) project, has received £72 million in funding.
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United Kingdom – UK authorities approved funding for three Equinor projects aimed to cut emissions from industries and support clean growth. With a combination of private and public funding, Equinor and its partners will now progress these projects in order to create the world’s first net zero industrial cluster by 2040. UK Government handed out […]
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Israel – H2Pro has closed $22 million Series A2 financing. Among the financers is the clean energy investment company of Bill Gates: Breakthrough Energy Ventures Europe. The water splitting device of H2Pro is expected to reach 95% efficiency, operates at higher pressure and cost significantly less than an electrolyzer. H2Pro is developing a water splitting […]
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The FLITE consortium will build the first-of-its-kind LanzaJet Alcohol to Jet facility. In 2024 the facility will convert waste-based ethanol to sustainable aviation fuel at a scale of over 30,000 tons a year. The project received €20 million in grant funding from the EU H2020 programme and is a major milestone on the path to […]
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German investor Michael Brandkamp sets up a European fund for bio- and circular innovation. The fund will contain 250 million euros. Brandkamp focuses on 20 to 25 growth companies. He gave an inspiring talk on his approach. Feel free to take a look at it.
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The European Commission launches the first call for proposals under the Innovation Fund. One of the world’s largest programmes for the demonstration of innovative low-carbon technologies. The program is financed by revenues from the auction of emission allowances from the EU’s Emissions Trading System (ETS). The Innovation Fund will finance breakthrough technologies for renewable energy, […]
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