In New York state, Elimini, a new US-based business with an ambition to be a leader in carbon removals, has been launched at Climate Week NYC. The company is dedicated to permanently removing carbon from the atmosphere while generating renewable, 24/7 power. Elimini will pair 24/7 renewable energy production with carbon capture technology through BECCS […]
In New York, OPAL Fuels announced the sale of $11.1 million worth of Inflation Reduction Act investment tax credits to an Apollo Global Management subsidiary. The credits were generated by the Emerald RNG facility, a joint venture of which OPAL Fuels owns 50%. With a nameplate capacity of 10,000 standard cubic feet per minute, Emerald […]
In New York, Amogy has joined forces with HD Korea Shipbuilding & Offshore Engineering POSCO Holdings, Seoul National University, and the American Bureau of Shipping to develop an innovative offshore ammonia cracking solution. This collaboration aims to deliver clean, low-cost hydrogen fuel by leveraging ammonia as a hydrogen carrier. Ammonia, with its 2.7 times higher […]
In New York, AIR COMPANY has raised $69 million in a Series B funding round to accelerate the development and commercialization of its sustainable aviation fuel, produced from captured carbon dioxide. Taking a board seat and leading the financing, Avfuel, a global supplier of aviation fuel, will provide fuel distribution, logistics, and environmental attribute administration. […]
In New York, Apollo Funds acquired a majority stake in Texas-based Freedom CNG, a leading provider of renewable natural gas and compressed natural gas fueling infrastructure. This acquisition aligns with Apollo’s strategy to accelerate the transition to low-carbon energy, focusing on RNG as a practical, sustainable alternative for the transportation sector, which accounts for over […]
In New York, Plug Power has secured a contract with H2DRIVEN, a project developed by Dourogás and CapWatt, to provide Technical Evaluation Phase (TEP) support for 25 megawatts (MW) of its Proton Exchange Membrane (PEM) Electrolyzers during the Front End Engineering Design (FEED) process for their green methanol project in Portugal. The TEP offering provides […]
In New York, Technavio reported that the global waste to energy market size is estimated to grow by $28.68 billion from 2024-2028. The report noted that the market is estimated to grow at a CAGR of over 7.51% during the forecast period. “The global waste to energy market is witnessing a significant growth due to […]
In New York, Plug Power has signed a contract to provide 25 MW of PEM electrolyzers for the H2DRIVEN project in Portugal, set to produce 80,000 tons of green methanol annually. The collaboration with Dourogás and CapWatt focuses on using biomass gasification and solar-powered electrolysis to generate methanol, targeting reduced carbon emissions in heavy industry. […]
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 New York, Opal Fuels announced South Jersey Industries and OPAL have begun construction on a renewable natural gas production facility at the Burlington County Resource Recovery Complex in Florence Township, New Jersey. This marks the second collaboration between the two companies to develop and operate RNG facilities. The facility, with an annual design capacity […]
