SACRAMENTO – Governor Gavin Newsom recently previewed his Equitable Recovery for California’s Businesses and Jobs plan, the business and workforce recovery elements of his 2021-22 State Budget that will help California through the COVID-19 pandemic and advance an equitable, broad-based recovery.
ALBUQUERQUE, N.M. — BayoTech is pleased to announce that Sumanth Addagarla has joined our senior management team as Vice President of Program Management. Sumanth will be responsible for managing BayoTech’s product delivery program and supporting project execution in accordance with the company’s project management Standard Operating Practice (SOP).
WHITE PLAINS, N.Y.–Fortistar, a privately-owned investment firm that provides capital to build, grow and manage companies that address complex sustainability challenges, announced today it joined an equity investment of up to $157 million in BayoTech, Inc., an emerging global leader in on-site hydrogen production, which was led by Newlight Partners LP.
LATHAM, N.Y.— Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, announced today that the companies intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets.
ALPHARETTA, Ga., and CHARLOTTE, N.C. — Fuel Cell Enabling Technologies, Inc. (FCET), a start-up energy technology company that has developed a novel, low-cost solid oxide fuel cell (SOFC) system, has announced a memorandum of understanding (MOU) with NextGenPropulsion, LLC (NGP) indicating NGP’s intent to purchase FCET fuel cells for NGP light-rail trains and freight locomotives.
MOUNT PLEASANT, Pa.— WATT Fuel Cell (“WATT”), in partnership with Peoples Gas (“Peoples”), has reached a significant milestone on their path to the commercialization of residential fuel cell systems.
When its OC2 expansion is complete, Monolith will be Nebraska’s largest consumer of electricity – and the company wants it all to be renewable
ALBUQUERQUE, NM– BayoTech, Inc. (“BayoTech”), a global leader in on-site hydrogen production, today announced it has received an equity investment of up to $157 million from Newlight Partners LP (“Newlight”), a growth equity investor, with participation from existing investors Cottonwood Technology Funds, Sun Mountain Capital and new investor Fortistar.
This strategically structured corporate entity will facilitate the commercialization of GAUSSIN’s range of Battery Electric (BEV) and Fuel Cell Electric (FCEV) vehicles following the strategic partnerships with Magna, Plug Power and Robotic Research.
According to multiple reports in the media, Plug Power is reportedly expanding, getting ready to launch its new “gigafactory” in Rochester NY.
