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• HIF Global, Porsche and Volkswagen Group Unveil New Direct Air Capture Unit
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Other articles in the issue

• HIF Global, Porsche and Volkswagen Group Unveil New Direct Air Capture Unit

  HIF Global, in collaboration with Porsche AG and Volkswagen Group Innovation, is set to install a cutting-edge Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in Chile by 2024, marking a significant advancement in CO2 recycling technology.

• Tellurian and Baker Hughes Announce Agreement for Driftwood LNG Phase 1 Liquefaction Equipment

  Tellurian Inc. and Baker Hughes have entered into an agreement to provide eight main refrigerant compression packages essential for Phase 1 of the Driftwood LNG project. This agreement ensures the timely delivery of LM6000PF+ gas turbines, main refrigerant compressors, and control units, further facilitating the project's progress towards achieving its production goals.

• Lydian Raises $12M for Energy-Efficient E-fuels

  Lydian, a startup focused on developing sustainable fuels and chemicals from CO2, has raised $12 million in new seed funding. The funding round, co-led by Congruent Ventures and Galvanize Climate Solutions, also included investments from Grok Ventures, Voyager Ventures, Union Square Ventures (USV), Overture VC, and Overlap Holdings.

• AFC Energy and TAMGO sign exclusive distribution agreement for Zero Emission H-Power Fuel Cell Generators to Saudi and MENA Markets

  AFC Energy, a prominent hydrogen energy solutions provider, has entered an exclusive distribution agreement with Saudi Arabia's The Machinery Group LLC (TAMGO) to market and sell AFC Energy's zero-emission hydrogen-fueled H-Power generators.

• Boston Metal Closes $262M Series C Funding Round to Decarbonize Steelmaking and Disrupt the Metals Industry

  Boston Metal, a global metals technology solutions company, has successfully completed its Series C fundraising, accumulating a total of $262 million. New investors in this round include Aramco Ventures, M&G Investments, Goehring & Rozencwajg, and Baillie Gifford, along with participation from existing investor Breakthrough Energy Ventures.