• Past issues
• /
• Industry Analysts Look to 2022
• /
• Shell contracts Thyssenkrupp for 200-MW green hydrogen project in Rotterdam

Description

Other articles in the issue

• Hydrostor Secures US$250 Million Investment from Goldman Sachs Asset Management to Accelerate Growth

  Hydrostor, Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management (“Goldman Sachs”)

  The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (“A-CAES”) projects in Australia and California that are well underway, and to expand Hydrostor’s project development pipeline globally.

• Supply chain visibility company Project44 raises $240M led by TPG, Thoma Bravo, and Goldman Sachs at a $2.4B valuation

  Project44, a startup that enables the world's largest companies to track shipments across the global supply chain, reached a $2.4 billion valuation after raising $240 million

• Lightsource bp to partner with Dourogas on green hydrogen projects in Portugal

  Solar business Lightsource bp is to partner with Portugal’s Dourogas on a number of projects centered around green hydrogen production.

  In a statement Thursday, Lightsource bp — which oil and gas giant BP has a 50% stake in — said the partnership would see the two firms “explore the potential of eight green hydrogen sites.” The idea behind the collaboration is that solar facilities from Lightsource bp will be used to power electrolyzers Dourogas has developed.

• Oklahoma gets hydrogen manufacturing commitment after taskforce study identifies potential

  While you can't smell or see hydrogen, it already is impacting Oklahoma. Woodside, an Australian company that aims to produce hydrogen as a commercial fuel, has leased (with an option to buy) 94 acres in Ardmore, where it plans to build a hydrogen manufacturing facility capable of producing up to 90 liquid tons of fuel daily by 2025.

  The company included no financial information as part of its announcement about its H2OK project earlier this month.

• Biden administration offers $1 bln loan guarantee for hydrogen project

  The Biden administration said on Thursday it has offered Monolith Nebraska LLC an up to $1.04 billion conditional loan guarantee for a project to make clean hydrogen, in its first use of an office that has tens of billions of dollars in financing.

  The financing from the Department of Energy's Loan Programs Office (LPO) aims to help Monolith expand its Olive Creek plant to convert natural gas into hydrogen for making products like fertilizer.