Published by Todd Bush on March 14, 2025
Renewable hydrogen investor, developer and manager Climate Impact Corporation (CIC) and shipping company Purus Marine have agreed to develop a net-zero shipping pathway for CIC’s renewable hydrogen fuels.
As disclosed, the partnership would enable the global transport of renewable hydrogen developed by CIC’s modular hydrogen solution.
>> In Other News: Southwire Taps Plug Power, Inc. to Advance Carbon Reduction from the Supply Chain
CIC, which is reportedly developing two 10 GW projects in Australia, claimed that a partnership with Purus’ low-carbon shipping capability would position its renewable hydrogen fuels among the most sustainable fuel options available on the market.
David Green, CIC’s Chairman, said: "Demand for renewable hydrogen is powered by a desire for zero-carbon fuels, but traditional products by other producers don’t measure transport emissions when claiming to produce a truly green hydrogen product. Through this agreement with Purus, we’ve further secured a renewable-powered integrated supply chain that’s a game-changer in helping achieve our customers’ net-zero goals."
Green underlined that affordability was at the core of both partners’ approach to shipping renewable hydrogen, adding that every decision the company made in building its modules and securing a supply chain at scale was designed to achieve a $2/kg price for its renewable hydrogen.
"Purus’ innovation in sustainable shipping, adopted alongside these technologies, allows us to maintain this focus without sacrificing affordability," the Chairman concluded.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 📉 EPA Releases Proposal to End the Burdensome, Costly Greenhouse Gas Reporting Program, Saving up to $2.4 Billion 📊 California to Extend Cap-and-trade Program Aimed at Advancing ...
Inside this Issue ✈️ CORSIA Transforms Aviation Compliance Into Market Gold Rush 📉 IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter 🎤 GenH2 Executive Chairman Josh McMor...
Inside This Issue 🌍 Global Hydrogen Industry Surpasses USD 110 Billion In Committed Investment As 500+ Projects Worldwide Reach Maturity ♻️ Cielo Advances Waste-to-Fuel Innovation with Project Nex...
WASHINGTON – Today, in accordance with President Trump’s Day One executive orders, the U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced a proposed rule to end the burde...
Montreal, Quebec – September 15, 2025 (Newsfile Corp.) – Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce that its U.S. speci...
Vancouver, British Columbia – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("First Hydrogen" or the "Company") welcomes Prime Minister Mark Carney's announcement of the Darlington...
Alleo Demonstrates Cellulose-To-Hydrogen Process
Alleo Energy, a US biomass reforming technology developer, has demonstrated at commercial scale a process that converts cellulosic waste into carbon-negative green hydrogen. The Bay Minette, Alaba...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.