Browsing: SLIKE

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.

BASF, in collaboration with Siemens Energy, has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action and the State of Rhineland-Palatinate. The funds will propel the construction of a proton exchange membrane electrolyzer, marking a substantial leap in the Hy4Chem-EI project at the Ludwigshafen site.

In the ever-evolving landscape of clean energy, a verbal joust between two industry heavyweights has taken center stage. Australian mining billionaire Andrew Forrest, CEO of Fortescue Metals, recently addressed his differences with Elon Musk, the iconic chief of Tesla, shedding light on the contentious debate between hydrogen and electric batteries.