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News

Jan 11
1
Hazer Investment

Parallel Carbon Secures $3.6 Million Seed Funding to Advance Hydrogen and Direct Air Capture Hardware Platform

By | Investor News, News, USA | No Comments January 11, 2024 | 3 min read January 11, 2024 | 3 min read
  • Parallel Carbon recently announced that they closed a $3.6 million Seed funding round amidst COP28.

The financing, led by Aramco Ventures, backs Parallel Carbon’s groundbreaking process of utilizing renewable energy for clean hydrogen production while pulling carbon dioxide from the atmosphere. Other key investors include Counteract, expanding their previous investment, Axon Partners, DNX Ventures, Voyagers, Rumbo Ventures, and angel investor Andrew MacKay.

Jan 11
3
Denmarks 1GW Green Hydrogen Production Facility Receives Important Environmental Approval From Authorities

Denmark’s 1GW Green Hydrogen Production Facility Receives Important Environmental Approval From Authorities

By | Europe, News | No Comments January 11, 2024 | 4 min read January 11, 2024 | 4 min read
  • The approval is a key step in establishing an European hydrogen industry, ensuring its safety and benefits to the local community

H2 Energy Europe announces that it has received environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. This achievement marks a significant milestone for the project, bringing it closer to a Final Investment Decision (FID).

Jan 11
1
Tranter to Supply Heat Exchangers to Carbon Capture Application in a New Blue Hydrogen Plant in Texas United States

Tranter to Supply Heat Exchangers to Carbon Capture Application in a New Blue Hydrogen Plant in Texas, United States

By | Asia, News, USA | No Comments January 11, 2024 | 3 min read January 11, 2024 | 3 min read

Pune, India–Tranter recently won a large order for post combustion carbon capture application. The order is for six (6) large plate and frame heat exchangers in stainless steel and 254 SMO with EPDM gaskets that will be used for heat recovery and vent condensers in the removal process of CO2 from a gas stream, carried out by absorption in a continuous process with regenerable solvents.

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