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Apr 05
2
Fuel Cells Works, Italy Invests €300m in Hydrogen Trains and Green H2 Infrastructure Across Six Regions

Italy Invests €300m in Hydrogen Trains and Green H2 Infrastructure Across Six Regions

By | Europe, News | No Comments April 5, 2023 | 2 min read April 5, 2023 | 2 min read

Ministry of Infrastructure and Transport assigns €24m for new rolling stock and €276m for the production, storage and supply of renewable hydrogen Italy’s Ministry of Infrastructure and Transport will distribute €300m ($328.5m) from the post-pandemic National Recovery and Resilience Plan for a new programme to replace diesel trains with hydrogen ones in six regions across the country.

Apr 05
1
Fuel Cells Works, Ossus Renewable Bags Funding From Nikhil Kamath’s Gruhas to Produce Green Hydrogen

Ossus Renewable Bags Funding From Nikhil Kamath’s Gruhas to Produce Green Hydrogen

By | Asia, News | No Comments April 5, 2023 | 3 min read April 5, 2023 | 3 min read
  • The Bengaluru-based startup, founded in 2017, has raised $2.4 Mn from Gruhas and Rainmatter Climate.
  • Ossus Renewables will use the fresh funds to accelerate the deployment of its bioreactor, OB HydraCel, across sectors like refining, foods, brewing, chemicals and pharmaceuticals.
  • The startup will also use the capital for investing in advancing bio-capabilities and expanding across South Asia, Europe and the US.
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