Electrolysis

Ionomr Innovations closes USD$20M Series A-4 Financing with broad industry participation

Retrieved on: 
Tuesday, December 5, 2023

The funding will allow Ionomr to further scale its ion-exchange membranes and polymers, Aemion® and Pemion®, that are fundamental to accelerating the hydrogen economy -- from production of H2 gas and chemicals through electrolysis to efficient use of hydrogen in fuel cells. Ionomr's superior materials can make more efficient, cost-competitive solutions possible, including eliminating expensive precious metal requirements from hydrogen production, CO2 electrolysis and supporting higher-temperature fuel cell solutions.

Key Points: 
  • "We are delighted to receive the financial support of industry players that represent the full spectrum of the hydrogen ecosystem," said Bill Haberlin, CEO of Ionomr Innovations.
  • "The participation of leaders across our industry underscores that Ionomr is delivering proven competitive advantages to our customers and their system users.
  • Green hydrogen production, hydrogen fuel cells and efficient carbon utilization are critical to reducing emissions in hard-to-decarbonize heavy industries such as steel making, chemical production, long-term seasonal energy storage, heavy-duty transport, aviation and shipping.
  • Ionomr's superior materials can make more efficient, cost-competitive solutions possible, including eliminating expensive precious metal requirements from hydrogen production, CO2 electrolysis and supporting higher-temperature fuel cell solutions.

Metacon announces a name change for its subsidiary Helbio

Retrieved on: 
Monday, December 4, 2023

STOCKHOLM, Dec. 4, 2023 /PRNewswire/ -- Since the fall of 2021, Helbio S.A. has been a wholly-owned subsidiary of Metacon, operating under its own name. Helbio, currently comprising of approximately 25 employees in Patras, western Greece, possesses expertise, patents, and other intellectual property rights in the field of catalytic steam reforming for hydrogen production from various fossil-free substances and gases such as biogas (bio-methane), ethanol, and ammonia. With the name change, Metacon is clearly consolidated as an international group under the same brand, aiming to enhance visibility in the market and foster a stronger sense of unity across the entire organization and in Metacon's existing and future endeavors.

Key Points: 
  • Metacon AB (publ) (Metacon) announces that its wholly-owned Greek subsidiary, Helbio S.A (Helbio), is changing its name to Metacon S.A. At the same time, the integration of Helbio's operations into Metacon AB's IT, branding, and financial platform will be completed.
  • STOCKHOLM, Dec. 4, 2023 /PRNewswire/ -- Since the fall of 2021, Helbio S.A. has been a wholly-owned subsidiary of Metacon, operating under its own name.
  • Metacon AB (publ) develops and manufactures energy systems for the production of fossil-free "green" hydrogen.
  • The development of Metacon's reforming products is done within the wholly owned subsidiary Helbio S.A in Patras, Greece.

"No Perchlorate, Yes Non-electrolysis"...CJ FNT Introduces Natural Cysteine

Retrieved on: 
Monday, December 4, 2023

SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.

Key Points: 
  • SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.
  • Cysteine, one of 20 amino acids, is a key precursor for creating a savory flavor through the Maillard reaction, interacting with reducing sugars to give browned food its distinctive taste.
  • It is typically produced from animal materials through acid hydrolysis or produced by fermentation with synthetic processes such as electrolysis.
  • "It would be a great alternative for our global FMCG customers seeking for natural ingredients for their products."

"No Perchlorate, Yes Non-electrolysis"...CJ FNT Introduces Natural Cysteine

Retrieved on: 
Monday, December 4, 2023

SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.

Key Points: 
  • SEOUL, South Korea, Dec. 4, 2023 /PRNewswire/ -- CJ Food & Nutrition Tech (CJ FNT) launched an online campaign showcasing its FlavorNrich™ MASTER C L-Cysteine to serve the growing demand for non-electrolytic cysteine.
  • Cysteine, one of 20 amino acids, is a key precursor for creating a savory flavor through the Maillard reaction, interacting with reducing sugars to give browned food its distinctive taste.
  • It is typically produced from animal materials through acid hydrolysis or produced by fermentation with synthetic processes such as electrolysis.
  • "It would be a great alternative for our global FMCG customers seeking for natural ingredients for their products."

This Week in Energy News: 9 Stories You Need to See

Retrieved on: 
Friday, December 1, 2023

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the energy and natural resources industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • GH2 is produced using electrolysis of water with electricity generated by renewable energy.
  • Hydrogen blending is less carbon intensive than burning gas but has the same heating capabilities.
  • SB Energy Secures $2.4 Billion for Renewable Energy Projects, Creating Blueprint for Project Financings Around Domestic Content and Energy Communities
    Jorge Iragorri, Head of Renewable Energy Investments at Morgan Stanley, said, "In just over a year since the passage of the IRA, American workers are realizing the benefits of new clean energy projects.
  • We are excited to help lead, in partnership with SB Energy, the industry in continuing to decarbonize the electric grid."

Commercial Aircraft Battery Management System Market to grow by USD 137.4 million during 2023-2028, The rising electrification of aviation drives market growth.- Technavio

Retrieved on: 
Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The commercial aircraft battery management system market size is expected to grow by USD 137.4 million between 2023 and 2028.

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The commercial aircraft battery management system market size is expected to grow by USD 137.4 million between 2023 and 2028.
  • The rising electrification of aviation drives market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The fuel cells for military unmanned aerial vehicle (UAV) market size is estimated to grow at a CAGR of 9.82% between 2023 and 2028.

Metacon hires Hanna Holtz Wärenfeldt as Chief People Officer

Retrieved on: 
Wednesday, November 29, 2023

STOCKHOLM, Nov. 29, 2023 /PRNewswire/ -- Hanna Holtz Wärenfeldt comes most recently from a role as head of the operational HR support within Uppsala Municipality and is part of the HR Director's management team. She has previously held the role of Development Manager and HR Manager within the same organization and as HR Manager in companies in the logistics sector. Hanna will be part of Metacon's management team with overall HR responsibility and with the task of developing both Metacon's international organization, leadership, and corporate culture.

Key Points: 
  • Metacon AB (publ) announces that Hanna Holtz Wärenfeldt has been hired as Chief People Officer with effect in April 2024.
  • STOCKHOLM, Nov. 29, 2023 /PRNewswire/ -- Hanna Holtz Wärenfeldt comes most recently from a role as head of the operational HR support within Uppsala Municipality and is part of the HR Director's management team.
  • "We are very happy that Hanna Holtz Wärenfeldt wants to be part of our team and be part of our journey.
  • I would like to wish Hanna a warm welcome to Metacon," says Christer Wikner, President and CEO, Metacon.

Aker Carbon Capture awarded feasibility study for e-fuel project in Finland

Retrieved on: 
Wednesday, November 29, 2023

OSLO, Norway, Nov. 29, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded an integration feasibility study for an e-fuel project in Finland.

Key Points: 
  • OSLO, Norway, Nov. 29, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded an integration feasibility study for an e-fuel project in Finland.
  • Aker Carbon Capture's Just Catch unit could capture up to 100,000 tonnes CO2 per year, enabling the initial production of 20 megawatt of e-methane per year.
  • Projects such as these will be instrumental in achieving Finland's ambitious target to become carbon neutral by 2035", said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.
  • These flagship projects contribute to Aker Carbon Capture's mission to standardize and modularize carbon capture plants, with reduced footprint and significant cost and energy benefits, for the small and mid-scale emitter market.

Aker Carbon Capture awarded feasibility study for e-fuel project in Finland

Retrieved on: 
Wednesday, November 29, 2023

OSLO, Norway, Nov. 29, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded an integration feasibility study for an e-fuel project in Finland.

Key Points: 
  • OSLO, Norway, Nov. 29, 2023 /PRNewswire/ -- Aker Carbon Capture has been awarded an integration feasibility study for an e-fuel project in Finland.
  • Aker Carbon Capture's Just Catch unit could capture up to 100,000 tonnes CO2 per year, enabling the initial production of 20 megawatt of e-methane per year.
  • Projects such as these will be instrumental in achieving Finland's ambitious target to become carbon neutral by 2035", said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.
  • These flagship projects contribute to Aker Carbon Capture's mission to standardize and modularize carbon capture plants, with reduced footprint and significant cost and energy benefits, for the small and mid-scale emitter market.

Adani Total Gas Ltd. launches Green Hydrogen Blending Pilot Project

Retrieved on: 
Tuesday, November 28, 2023

AHMEDABAD, India, Nov. 28, 2023 /PRNewswire/ -- As world leaders come together in the UAE for the UN Climate Change Conference (COP 28) from 30 November to 12 December 2023, Adani Total Gas Ltd. (ATGL), a leading energy and city gas distribution company, co-promoted by the Adani Group and TotalEnergies, announces the initiation of a pioneering 'Green Hydrogen Blending Pilot Project'.

Key Points: 
  • Project will enhance existing infrastructure, diversify energy mix, develop hydrogen ecosystem and reduce CO2 emission by upto 4%
    AHMEDABAD, India, Nov. 28, 2023 /PRNewswire/ -- As world leaders come together in the UAE for the UN Climate Change Conference (COP 28) from 30 November to 12 December 2023, Adani Total Gas Ltd. (ATGL), a leading energy and city gas distribution company, co-promoted by the Adani Group and TotalEnergies, announces the initiation of a pioneering 'Green Hydrogen Blending Pilot Project'.
  • As part of the project, ATGL will employ the latest technologies to blend Green Hydrogen (GH2) with natural gas for over 4,000 residential and commercial customers at Ahmedabad, Gujarat.
  • Hydrogen blending is less carbon intensive than burning gas but has the same heating capabilities.
  • With this pilot, ATGL would like to partner with various stakeholders including regulatory authorities to share its firsthand learning and develop ecosystem about hydrogen blending in city gas distribution in India.