Leading global industry players have invested £36 million in UK-based green hydrogen specialist GeoPura, with the round of funding led by GM ventures and co-led by Barclays Sustainable Impact Capital, with further contributions from SWEN CP and Siemens Energy Ventures. These renowned investors are also offering GeoPura their strategic partnership as the company looks to further [...]
Nel ASA (Nel) has made a financial decision to increase the capacity of its PEM electrolyser manufacturing facility located in Wallingford, Connecticut. The expansion is expected to result in an annual production of 500 MW in 2025. “This is an important milestone for Nel,” said Nel’s CEO, Håkon Volldal. “With this expansion, we will increase PEM production capacity substantially and simultaneously reduce [...]
BP announced on Tuesday that it plans to invest up to 2 billion euros (2.12 billion dollars) into its Spanish refinery by 2030, with the aim of developing a facility that produces low-carbon hydrogen and biofuels. The project, called HyVal, would raise the refinery’s production of biofuels to 650,000 tonnes per year. The green hydrogen, which is made by using renewable energy to separate water molecules, would be utilized in industries nearby, such as ceramics and chemicals, as well as for biofuel production, including sustainable aviation fuel (SAF). The company anticipates the [...]
VH Global Sustainable Energy Opportunities plc (the "Company") 26 May 2022 VH Global Sustainable Energy Opportunities commits a further £28 million for the acquisition of a second UK flexible power plant as part of the Company's programme to support the UK's energy transitions plans to net zero VH Global Sustainable Energy Opportunities plc [...]
RNS Number : 9830Q VH Global Sustainable Energy Oppt. 02 November 2021 VH Global Sustainable Energy Opportunities plc (the "Company") 02 November 2021 VH Global Sustainable Energy Opportunities completes £30m acquisition of first UK flexible power project VH Global Sustainable Energy Opportunities plc - a London-listed investment company advised by Victory Hill Capital Advisors [...]
RNS Number : 1864L VH Global Sustainable Energy Oppt. 09 September 2021 VH Global Sustainable Energy Opportunities plc (the "Company") 09 September 2021 VH Global Sustainable Energy Opportunities commits £78m to UK flexible power projects Commitment to two carbon capture and re-use flexible heat and power projects that support the UK's energy transition plans [...]
VN- Hydrogen Power Generation Limited has rebranded as Hydrogen Power Generation Solutions Limited. The name change is part of the company's commercialisation strategy to bring the EHG technology to market.
Too much electricity in the summer and too little in the winter. Fifty-year-old coal plants being paid tens of millions of pounds to stay on because replacements aren’t being built. Electricity prices more than double those in the US. Panic measures to buy in more and more foreign electricity. These acute failures in British energy policy [...]
Energy company RWE has cancelled its dividend for the second successive year, after writedowns of 4.3bn euros (£3.6bn) on its power plants. The UK, as well as the Netherlands and Turkey, was affected by the writedowns, which led to a surprise net loss of 5.7bn euros (£4.8bn) during 2016. "The difficult market environment made impairments necessary," said [...]
Neil Woodford is in talks with the government to allocate capital to a initiative to back early-stage tech ventures outside London.
