Article
Amazon invests in green hydrogen companies
Description
Amazon’s $2 billion Climate Pledge Fund, known for its early investments in companies like Rivian and BETA Technologies, is now accelerating efforts to decarbonize global operations through green hydrogen.
The Climate Pledge Fund announced new investments in Electric Hydrogen and Sunfire, two of the most promising U.S. and European-based developers of electrolyzers, a key technology that makes emissions-free green hydrogen using water and renewable electricity.
Other articles in the issue
-
ConocoPhillips and Sempra Infrastructure Sign Heads of Agreement for Large-Scale LNG Projects and Carbon Capture Activities
ConocoPhillips (NYSE: COP) today announced a potentially significant expansion of its global liquefied natural gas (LNG) business through investment in a new large-scale LNG facility under development by Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), in Jefferson County, Texas. ConocoPhillips has entered into a Heads of Agreement (HOA) with Sempra to acquire a 30% direct equity holding in Port Arthur Liquefaction Holdings, LLC and an LNG offtake equivalent to approximately 5 million tonnes per annum (Mtpa) from the Port Arthur LNG project.
-
Pioneer, Devon and ConocoPhillips Join OGMP 2.0, Commit to Leading Methane Performance and Increased Transparency in Emissions Reporting
hree leading U.S. oil and natural gas producing companies, Pioneer Natural Resources Company (NYSE: PXD), Devon Energy Corp. (NYSE: DVN) and ConocoPhillips (NYSE: COP), jointly announced today that they have joined the Oil and Gas Methane Partnership (OGMP) 2.0 Initiative. The initiative’s mission is to improve the industry’s transparency in methane emissions reporting and encourage progress in reducing those emissions. The companies’ membership in OGMP 2.0 demonstrates their commitments to reducing methane emissions and meeting U.S. and global energy demand with reliable and responsibly sourced production.
-
EXCLUSIVE | ‘We’ll deliver 40 times as many hydrogen electrolysers in 2022 as we did last year’: Plug Power CEO
US manufacturer Plug Power will deliver 200MW of PEM electrolysers this year — a 40-fold increase on shipments in 2021, CEO Andy Marsh tells Recharge.
“Last year, we delivered 5MW of electrolyser systems, and this year we’ll deliver 200MW,” he said.
-
Panasonic picks Kansas for $4B EV battery factory
Japan’s Panasonic Energy Co. Ltd., a battery supplier for Tesla Inc., plans to build a $4 billion EV battery plant in Kansas — a project that represents the largest economic development project in the state’s history and is expected to result in 4,000 direct jobs.
Gov. Laura Kelly (D) made the announcement yesterday at a joint news conference with Panasonic executives and other state officials.
“This project will be transformative for our state’s economy, providing in total 8,000 high-quality jobs that will help more Kansans create better lives for themselves and their children,” Kelly said. “We will be the production epicenter for batteries that will power the increasing demand for EVs in a more sustainable world.”
-
Hydrogen station deployment along major interstates is 'a good start'
Hydrogen internal combustion and fuel cell powertrains show real promise in helping fleets to slash emissions while providing the power, quick refueling and lighter GVWR needed to move heavy loads beyond the limits of battery-powered trucks.