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• Canada to Invest up to $1 Billion in Oil Sands Carbon Capture Projects
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• World’s First Hydrogen-powered Commercial Ferry to Run on San Francisco Bay, and It’s Free to Ride

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Other articles in the issue

• Canada to Invest up to $1 Billion in Oil Sands Carbon Capture Projects

  Canada’s government-backed Canada Growth Fund (CGF) announced a strategic partnership with oil and gas producer Strathcona Resources to invest up to C$2 billion (USD$730 million) in carbon capture and sequestration (CCS) infrastructure at Strathcona’s Saskatchewan and Alberta facilities. Launched in 2023 with $15 billion for a five-year deployment, CGF aims to foster a clean economy in Canada by attracting private capital for low-carbon projects.

• Researchers Move Closer to Green Hydrogen via Water Electrolysis

  Water electrolysis offers an ideal process for hydrogen production, which could play a key role in the global energy transition that increasingly relies on renewable electricity, but whose current production process is extremely carbon intensive. A new Northwestern University study on iridium-based oxides has led to a novel catalyst with higher activity, longer stability, and more efficient iridium use, potentially making green hydrogen production feasible.

• Joby Makes Landmark 523-mile Hydrogen-electric Flight

  Joby Aviation has successfully flown a first-of-its-kind hydrogen-electric air taxi demonstrator 523 miles, with water as the only by-product. The aircraft, which takes off and lands vertically, builds on Joby’s successful battery-electric air taxi development program, and demonstrates the potential for hydrogen to unlock emissions-free, regional journeys that don’t require a runway.

• ESG Clean Energy's Breakthrough in 100% Carbon Capture

  In the fight against climate change, carbon capture technology has become a critical tool. Reducing carbon dioxide emissions from fossil fuel power plants is essential to mitigate global warming and its associated impacts. ESG Clean Energy, a company at the forefront of innovation, has developed a groundbreaking technology that captures 100% of carbon emissions from power plant exhaust.

• SBM News SBM Offshore and Ocean-Power sign Partnership Agreement for Offshore Power Generation Concept with CO2 Capture and Storage

  SBM Offshore and Ocean-Power are pleased to announce the signing of a Memorandum of Understanding with the intent to collaborate on a floating power generation hub with CO2 capture and storage. The purpose of the partnership is to assess the technical feasibility and commercial readiness to collaborate on the concept, exclusive to the Norwegian Continental Shelf and United Kingdom Continental Shelf.

• France Confirms Necessity of Carbon Capture Technologies

  The French government last week published its long-awaited national strategy for CCUS. The strategy calls for a progressive increase in capture capacity (with targets for 2025-2030, 2030-2040, and 2040-2050), the creation of a Carbon Contract for Difference (CCfD) mechanism and announces the creation of a regulatory framework for transport before the foreseen EU-level legislation on the issue.

• NewHydrogen's CEO and Sustainable Farming Expert Explore the Role of Green Hydrogen in Agriculture

  NewHydrogen, Inc. (OTCMKTS), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world’s cheapest green hydrogen, today announced a podcast featuring CEO Steve Hill and Dr. Krish Jayachandran with Environmental Microbiology/Soil Science in the Department of Earth and Environment at Florida International University, discussing advancements in green hydrogen

• Hydrexia Expands Hydrogen Business Operation to Australian Market

  At the Connecting Green Hydrogen APAC Conference (CGHA) 2024 in Melbourne, Hydrexia Pty Ltd, a subsidiary of Hydrexia Holding Limited, and Victorian Hydrogen & Ammonia Industries Ltd (VHI) announced a Memorandum of Understanding (MOU) to collaborate on hydrogen development in Victoria.

• 44.01 Completes $37m Series A Investment Round

  44.01 announces the completion of a $37m Series A funding round. The round is led by Equinor Ventures with Shorooq Partners in the UAE, as well as (in alphabetical order) Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A Ventures, Salica Oryx Fund, Siemens Financial Services, Sumitomo Corporation and several other investors.