Browsing: REGIONAL

JERA Americas and Temasek led the oversubscribed financing round, with Chevron Technology Ventures and Pavilion Capital investing for the first time. The investment was also supported by existing investors AP Ventures, Royal Vopak, and Winkelmann Group. Commercial systems will be deployed in landmark hydrogen projects in Europe, the Middle East, and other parts of the world, including APAC and the Americas.

Under the terms of the MoU, both parties will conduct a technical-commercial joint study of a hydrogen supply chain that includes hydrogen production and transportation in methylcyclohexane (MCH) form, in which hydrogen is converted from its gaseous state to a liquid form to enable large-scale deliveries.