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• Storegga Completes Funding Round, Adds ADNOC as Investor
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• Erisha E Mobility signs USD 830 million MOU with Gujarat Government for Green Hydrogen & Mega EV Park

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Other articles in the issue

• Storegga Completes Funding Round with Backing from Existing Shareholders and Welcomes a New Shareholder

  Storegga, a leading international, independent developer of decarbonisation projects, has closed its fourth round of funding. It has received further investment from existing shareholders, including GIC and Macquarie, and welcomes new investment from ADNOC - a diversified energy group that is advancing lower-carbon solutions by investing in new energies and decarbonisation technologies.

• Co2Bit to Revolutionize Voluntary Carbon Credit Offsets Using Artificial Intelligence (AI)

  Co2Bit Technologies announced the development of an advanced AI-based system designed to comprehensively assess environmental impacts. This groundbreaking system evaluates habitability, environmental sustainability, and humanity-centric factors, with a unique emphasis on the consistency of ratings.

• Cipher Neutron Concludes the Preliminary Step Under Its MOU with Molymet with an Initial Sale of AEM Electrolyser Technology

  Canadian company Cipher Neutron Inc. has received from Molibdenos y Metales S.A. (“Molymet”) Molymet’s first purchase order for CN’s innovative Anion Exchange Membrane (AEM) Electrolyser Technology. This purchase order is in furtherance of the collaborative relationship between Cipher Neutron and Molymet.

• KBR Green Ammonia Technology Selected by Lotte Chemical Corporation for H2biscus Project in Malaysia

  KBR announced today that its K-GreeN® technology has been selected by a consortium consisting of Lotte Chemical, KNOC and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia. Under the terms of the contract, KBR will provide technology license and proprietary engineering design to Lotte Chemical for its green ammonia project that will produce 800 KTA of green ammonia from hydropower.

• NuScale Power Positions Company for Next Phase of Growth

  NuScale Power Corporation, the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, announced certain strategic actions to better position itself commercially, financially, and strategically.