Article
DOE Establishes Bipartisan Infrastructure Law's $9.5 Billion Clean Hydrogen Initiatives
Description
The U.S. Department of Energy (DOE) today announced two Requests for Information (RFI) to collect feedback from stakeholders to inform the implementation and design of the Bipartisan Infrastructure Law’s Regional Hydrogen Hub and the Electrolysis and Clean Hydrogen Manufacturing and Recycling Programs. This request will help accelerate progress, reduce technology cost, and ramp up the use of hydrogen as a clean energy carrier.
Other articles in the issue
-
Orbia Ventures Joins $25M Investment Syndicate in Funding Verdagy, a Green Hydrogen Technology Innovator
Orbia Ventures, the venture capital arm of multinational Orbia, announces today its participation in an investor syndicate backing Verdagy, a green hydrogen developer with new electrolyzer technology to decarbonize industrial processing at scale. The $25 million funding round is led by TDK Ventures with the participation of Orbia Ventures, BHP Ventures, Doral Energy Tech Ventures, Khosla Ventures, Shell Ventures and Temasek.
-
Global Clean Energy Holdings, Inc. Receives Funding from ExxonMobil to Advance Renewable Diesel Production and Camelina Expansion
Global Clean Energy Holdings, Inc.(OTCQX: GCEH) is advancing its renewable diesel production through an agreement with ExxonMobil, which will invest $125 million with an option to acquire up to a 25% equity stake in the company. The investment, outlined in filings with the U.S. Securities and Exchange Commission, will help Global Clean Energy grow its proprietary camelina business in key farming regions in the United States and accelerate expansion into Europe and South America.
-
Rio Tinto Explores Carbon Capture at Minnesota Mining Site with $2.2 M DOE Funding
The US Department of Energy has awarded a Rio Tinto-led team $2.2 million in funding to explore carbon storage possibilities at the Tamarack Nickel Project site in Minnesota.
The team of climate and research professionals will study carbon mineralization technology as a way to store carbon as rock. The mining company Rio Tinto will add $4 million in funding toward the three-year project.
-
Three banks join initiative for voluntary carbon market platform
Three more banks have joined an initiative to develop a new platform for settling transactions of voluntary carbon credits, the group of financial institutions behind the project said on Tuesday.
Project Carbon was launched last year by financial institutions CIBC, Itaú Unibanco, National Australia Bank and NatWest Group to develop a new technology platform, called Carbonplace, to provide infrastructure to enable the reliable, secure, and scalable trading of voluntary carbon credits.
-
First Texas ranchers paid $200k for delivered soil carbon credits
Grassroots Carbon, a Texas-based soil carbon credit company that connects American ranchers with companies looking to reduce their carbon footprint, released over $200k in payments to Texas ranchers for soil carbon credits. Ranchers are paid for capturing and storing atmospheric carbon dioxide in their healthy soils, which they achieve through the use of regenerative grazing practices.