Article
Description
Imagine a world where wasted gas finds new life as clean fuel, powering vehicles, homes, and industries without harming the planet. This vision is no longer a pipe dream, thanks to a groundbreaking collaboration between M2X Energy and Element 1 Corp. These two innovative companies are joining forces to unlock a powerful pathway to the future: using low-carbon methanol derived from stranded gas as a feedstock for distributed hydrogen production.
Other articles in the issue
Hydrogen Optimized Inc., a subsidiary of Key DH Technologies Inc. (KEY), today announced that Denis Krude, former CEO of green hydrogen technology company thyssenkrupp nucera, will be appointed President and CEO starting April 8, 2024. Company Co-Founder Andrew Stuart will continue to play an active leadership role at Hydrogen Optimized as Executive Chair.
The industrial sector has substantial potential for decarbonizing heat. In a recent development, AtmosZero, a company with the goal of transforming steam generation, successfully concluded a $21 million Series A funding round.
Ameresco, Inc. announced its award from Hawaiian Electric Company for the proposed '[Ūkiu Energy](ukiuenergy.com) 40-megawatt (MW) renewable energy site in Maui. This innovative facility will add critical grid reliability to the island and move Hawaii closer to its clean energy goals, including the state's commitment to achieving 100% renewable electricity and carbon neutrality by 2045.
Plug Power Inc. has finalized a contract to supply a major U.S. automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations. The manufacturing campus of over 6 square miles is dedicated to electric vehicles, batteries and is one of the largest auto manufacturing campuses in U.S. history.
Technip Energies announces a strategic investment in the United Airlines Ventures Sustainable Flight Fund. This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on Sustainable Aviation Fuels (SAF) research, production and technology, with both financial and strategic capital.
Connor, Clark & Lunn Infrastructure is pleased to announce that it has entered into an agreement to acquire a majority stake in the Sharp Hills wind farm (Sharp Hills, or the Project) from EDP Renewables Canada Ltd. for an estimated Enterprise Value of approximately C$0.6 billion for an 80% stake and inclusive of investment tax credits.
Syzygy Plasmonics announced today that it has reached a strategic investment agreement with Zeon Corporation (Zeon) through its venture capital arm Zeon Ventures Inc. Zeon first collaborated with Syzygy on a research and development project in 2023. Based on early progress and the long-term potential of Syzygy's technology, Zeon elected to sign on as a strategic investor and aims to expand the partnership to encompass a variety of chemical applications.
The new IDTechEx report "Carbon Dioxide Utilization 2024-2044: Technologies, Market Forecasts, and Players" explores many ways to valorize captured carbon dioxide to create useful products. Among these, CO2-derived building materials showed particular promise due to performance improvements and cost-competitiveness, as well as sustainability benefits. IDTechEx forecasts over 170 million tonnes of captured CO2 will be utilized in building materials by 2044.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.