Author: Anela Dokso
ReNu Energy secures funding for green hydrogen ReNu Energy Limited has successfully obtained solid commitments to issue 45.5 million new shares at a price of $0.011 each in order to raise $500,000 through a share placement. This infusion of money, which was obtained from knowledgeable and experienced investors, comes after the recent 1 for 2.46 pro rata non-renounceable entitlement offer that ended on December 8, 2023. The money obtained from this placement and the entitlement offer will be used for basic working capital requirements as well as the advancement of ReNu Energy’s flagship green hydrogen projects in Tasmania. In this…
Bulgaria is poised to make a significant stride towards sustainable energy with the Stara Zagora Hydrogen Valley project securing EUR 8.2 million in funding from the European Union (EU).
The United Kingdom’s ambitious plans for the introduction of hydrogen towns are facing local backlash, particularly over safety concerns, as the government pushes forward with trials in selected areas.
“Hydrogen Economy” has transitioned from aspiration to reality in the United States, gaining momentum within the energy industry.
Hy2gen Germany has acquired kiwi AG. This strategic move not only marks Hy2gen’s entry into the German market but also positions the company to harness the technical prowess of kiwi AG in the production of renewable hydrogen and its derivatives.
In a pivotal analysis, the Department of Energy’s National Energy Technology Laboratory (NETL) has raised concerns about the trajectory of hydrogen prices linked with carbon capture technology, suggesting potential hurdles in achieving the ambitious clean energy goals set by the Biden administration for 2031.
Ineos Automotive, a global player in the hydrogen space, envisions a significant role for hydrogen fuel-cell vehicles in the future of Australian transportation.
Aerospace Technology Institute (ATI), with the backing of the UK government, is propelling the development of FlyZero—an aircraft that aspires to circumnavigate the globe without the need for refueling.
Abu Dhabi National Oil Co. (Adnoc) and Mitsubishi Heavy Industries, Ltd. (MHI) have officially entered a strategic collaboration agreement. This partnership sets the stage for advancing carbon-neutral solutions and fostering the development of low carbon energy supply chains within the energy sector.
China’s State Power Investment Corp (SPIC) has unveiled a groundbreaking investment plan of 42 billion yuan ($5.85 billion) in northeast China. The investment is earmarked for the production of fuel derived from hydrogen generated through wind power, marking a significant leap in the country’s renewable energy landscape.
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