In the UK, ZeroAvia, a developer of hydrogen-electric propulsion systems for aircraft, has closed an extended Series C financing round, raising $150 million. This round saw the Scottish National Investment Bank contribute £20 million, joining investors such as American Airlines, IAG, and ITOCHU Corporation. The funding will accelerate certification efforts for ZeroAvia’s first hydrogen-electric powertrain […]
In Washington D.C., the U.S. Department of Energy in collaboration with the Department of Agriculture and the Federal Aviation Administration, has announced $12 million in new funding to advance biorefinery technologies and released a progress report on sustainable aviation fuel production. The report, unveiled on September 11, 2024, at the North American SAF Conference, highlights […]
In India, Mint reports state-owned oil and gas company BPCL has entered joint ventures with Sembcorp Green Hydrogen India and GPS Renewables to develop renewable energy and biogas projects across India, as part of its strategy to achieve net-zero emissions and diversify its energy portfolio. BPCL will hold a 50% stake in both ventures. The […]
In Colorado, The Fence Post reports U.S. Agriculture Secretary Tom Vilsack, speaking to National Farmers Union members this week, warned that critical support for mid-size farmers, including programs funded through the Commodity Credit Corporation and the Inflation Reduction Act, could be at risk if efforts to reduce government spending succeed. Vilsack highlighted the importance of […]
In South Korea, The Korea Economic Daily reports SK Energy will launch the country’s first sustainable aviation fuel production line next month using a co-processing method that blends bio-materials like used cooking oil with petroleum, addressing rising global demand for cleaner aviation fuel and stricter regulations. This method allows SAF production without significant changes to […]
In India, Money Control reports Gensol Engineering, in partnership with Matrix Gas, is set to establish India’s first Green Hydrogen Valley project in Pune, Maharashtra, supplying the specialty chemical sector with green hydrogen for 20 years. The plant will operate on a Build, Own, and Operate basis and utilize electrolysis technology to generate hydrogen, marking […]
In India, Hindustan Times reports Prime Minister Narendra Modi, addressing the International Conference on Green Hydrogen India 2024, reaffirmed the nation’s ambition to become a global leader in green hydrogen production, use, and export. Green hydrogen, produced via electrolysis from renewable sources, is key to decarbonizing industries like steel, transport, and refineries. Modi highlighted the […]
In Minnesota, the state’s plan to lead in Sustainable Aviation Fuel includes the Midwest’s first SAF blending facility, set to open by 2025 at Flint Hills Resources’ Pine Bend refinery, which will blend up to 30 million gallons of SAF annually. Minnesota’s ambitious SAF plan, led by the GREATER MSP Partnership, is backed by major […]
In New York, First Ammonia has secured a significant boost in its efforts to revolutionize green ammonia production, announcing progress in its Series B funding round. With investments from global players, including Mercuria Holdings and the Tokyo-based Manies Group, the company aims to advance the development of its flagship facility in Victoria, Texas. The new […]
In Mexico, Bloomberg Linea reports Mexico’s Federal Electricity Commission, CFE, is exploring a partnership with Pemex to produce green hydrogen at the Salina Cruz refinery, aiming to decarbonize energy production by replacing traditional hydrogen made from natural gas with a renewable alternative. Pemex, Mexico’s largest consumer of hydrogen, currently uses 220,000 tons annually for refining, […]
