BOTHELL, Wash. –Today, Modern Electron announced an oversubscribed $30 million Series B funding round led by At One Ventures, with participation from new investors Extantia, Starlight Ventures, Valo Ventures, and strategic investors IRONGREY and Wieland Group.
Hy Stor Energy Joins as Tier 1 Member to Accelerate Hydrogen’s Role in Decarbonization
PITTSBURGH — EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum (including its affiliate MPLX), Mitsubishi Power, Shell Polymers and U. S. Steel have formed a new alliance that will play an important leadership role in decarbonizing the industrial base in the Northern Appalachian Region of the United States.
Last October, NASA and GE Aviation announced a new partnership to mature a megawatt-class hybrid electric engine that could power a single-aisle aircraft. Today the project got one step closer to takeoff. GE Aviation has selected Boeing to modify the plane that will test the propulsion system in the air.
The US Department of Energy (DOE) will award up to $10 million in the third round of funding ARPA-E has announced under the Supporting Entrepreneurial Energy Discoveries (SEED) Exploratory Topic.
DURHAM, N.C. and DALLAS — Texas based asset developer and manager of Colorado natural gas processor Rimrock Energy Partners and Net Zero energy solutions provider 8 Rivers Capital have entered into a Memorandum of Understanding (MoU) towards the deployment of Net Zero projects focused on the 8 Rivers zero-emissions technology portfolio inclusive of hydrogen, ammonia, heat, power, and cryogenic gas processing at large scale throughout Colorado, Kansas, New Mexico, Oklahoma, Texas and Wyoming. Rimrock’s hydrocarbon assets would be utilized while minimizing carbon emissions with innovative carbon capture and storage technologies.
NEW YORK — Center for Hydrogen Safety (CHS) – the global authority on safe hydrogen use and education – announced the addition of energy company Equinor to its list of member organizations. Based in Stavanger, Norway, Equinor is a world-leading company committed to providing affordable energy for societies and taking a leading role in the energy transition by optimizing its oil and gas portfolio, accelerating growth in renewables, and pioneering development of carbon capture and hydrogen value chains.
Constellation Energy Corp., the electricity producer that was spun out of Exelon Corp. Wednesday, sees hydrogen as a key part of its strategy to eliminate carbon emissions from its fleet of power plants, according to Chief Executive Officer Joe Dominguez.
CASA GRANDE — For 40 years, Air Products & Chemicals has run a chemical manufacturing plant in Chandler, producing nitrogen, oxygen and argon. Now they are looking to expand into Casa Grande.
Plug Power is strengthening our bench as we expand green hydrogen infrastructure globally. We have recently hired two new Vice Presidents: Colleen Klaiber, a 20-year veteran in security, safety, health and environment, and Brandon Snyder, a global leader in factory materials management.
