Rolls-Royce, an aviation industry stalwart, is steering away from the electric and hydrogen-powered flight trajectory, placing a strategic bet on conventional propulsion systems for the next two decades.
Browsing: Europe
In a pivotal federal-state meeting led by Economics Minister Robert Habeck, discussions surrounding the ramifications of the budget crisis failed to yield concrete results on Monday. As the clock ticks, Mecklenburg-Western Pomerania’s Economics Minister Reinhard Meyer anticipates a decisive resolution before Christmas.
German Energy Agency (DENA) and Norwegian state-owned Gassco have concluded that a hydrogen pipeline connecting Norway to Germany is “technically feasible” by the year 2030.
Alcori has joined forces with NLI Elektrosystemer to contribute to the construction of a prototype hydrogen refinery in Porsgrunn. This innovative venture, known as the “Skrei” project, provides a leap forward in the production of Green ammonia through the utilization of excess power generated from renewable sources.
Ministry of Economic Affairs and Employment in Finland has allocated an energy investment aid of EUR 1.96 million to Neste. The funding is earmarked for the implementation of a visionary green hydrogen production project at the Porvoo refinery.
Sabancı Holding’s Corporate Venture Capital Fund, Sabancı Ventures, has made a strategic investment in GRZ Technologies SA, a Switzerland-based company specializing in hydrogen storage solutions.
HevenDrones, a trailblazer in harnessing hydrogen fuel for drone power, showcased its cutting-edge H2D200 Series at the Monaco Hydrogen Forum, setting a new standard in the drone industry.
European Commission commits the European Union’s backing for an extensive hydrogen project in Brazil, signaling a strategic step towards fostering clean energy initiatives.
ZeroAvia has concluded its Series C funding round, amassing a total of $116 million. This funding, with key participation from the UK Infrastructure Bank, Airbus, Barclays Sustainable Impact Capital, and NEOM Investment Fund (NIF), positions ZeroAvia at the forefront of clean propulsion technology for larger aircraft.
H2 Energy Europe and Stadtwerke Flensburg have inked a historic letter of intent, paving the way for the cross-border transport of green hydrogen between Denmark and Germany.
