Norwegian company TECO 2030 has teamed up with India’s Advait Infratech to expand fuel cell technology in India and SAARC countries.
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Swiss energy group Alpiq recently disclosed its investment in P2X Solutions, acquiring a majority stake in the company.
TES, known for producing e-NG (electric natural gas derived from green hydrogen), surpassed their financing goal with a successful €140m Series C fundraising round.
Raven SR has made key transitions in the company’s leadership, and secured $15 million in new investments.
Ballard Power Systems has secured a significant investment through the Qualifying Advanced Energy Project Tax Credit (48C) program, administered by the U.S. Internal Revenue Service.
Japan’s aerospace industry is gearing up for a transformative leap as the Ministry of Economy, Trade and Industry unveils plans to invest a staggering 4 trillion yen ($26.46 billion) in a public-private partnership.
European Commission greenlights French €900 million scheme to bolster the production of renewable hydrogen and biomass-based fuels.
The U.S. Department of Energy has granted Pajarito Powder, a renowned catalyst developer, two awards of $10 million each to enhance the catalyst supply chains for fuel cells and green hydrogen production. The funding will be utilized to scale up catalyst production and bring down costs.
INOCEL, an innovator in the high-power fuel cell systems sector, has succeeded in shoring up structured financing amounting to €64M. This includes equity, debt, and subsidies with notable input from long-standing shareholders.
Europe’s largest climate tech hub, Sustainable Ventures, has joined forces with independent technology innovation catalyst CPI. Their mission: to empower innovative hydrogen startups in scaling their operations over the next 12 to 18 months, fueled by a substantial £1.5 million private investment.
