In New York, biotech company Helaina has raised $45 million to develop and scale human equivalent-bioactive proteins produced via precision fermentation. The Series B funding brings the company’s total equity funding to $83 million and was led by Avidity Partners. Spark Capital, Ingeborg Investments, Tom Williams of Heron Rock, Barrel Ventures, Siam Capital, Relish Works, […]
In New York state, AIR COMPANY has raised $69M in Series B funding to advance its technology, promote energy security, and drive emissions reductions in hard-to-abate sectors, such as aviation. Avfuel, a leading global supplier of aviation fuel and services, led the round and will be the preferred provider of distribution and logistics, plus environmental […]
In New York, Amogy successfully completed the maiden voyage of the NH3 Kraken, the world’s first carbon-free, ammonia-powered maritime vessel, sailing on a Hudson River tributary near New York City as a demonstration of its proprietary ammonia-to-power technology. The vessel, originally built in 1957 and retrofitted with Amogy’s ammonia-to-electrical power system, marks a pivotal advancement […]
In New York state, Elimini, a new US-based business with an ambition to be a leader in carbon removals, has been launched at Climate Week NYC. The company is dedicated to permanently removing carbon from the atmosphere while generating renewable, 24/7 power. Elimini will pair 24/7 renewable energy production with carbon capture technology through BECCS […]
In New York, OPAL Fuels announced the sale of $11.1 million worth of Inflation Reduction Act investment tax credits to an Apollo Global Management subsidiary. The credits were generated by the Emerald RNG facility, a joint venture of which OPAL Fuels owns 50%. With a nameplate capacity of 10,000 standard cubic feet per minute, Emerald […]
In New York, Amogy has joined forces with HD Korea Shipbuilding & Offshore Engineering POSCO Holdings, Seoul National University, and the American Bureau of Shipping to develop an innovative offshore ammonia cracking solution. This collaboration aims to deliver clean, low-cost hydrogen fuel by leveraging ammonia as a hydrogen carrier. Ammonia, with its 2.7 times higher […]
In New York, AIR COMPANY has raised $69 million in a Series B funding round to accelerate the development and commercialization of its sustainable aviation fuel, produced from captured carbon dioxide. Taking a board seat and leading the financing, Avfuel, a global supplier of aviation fuel, will provide fuel distribution, logistics, and environmental attribute administration. […]
In New York, Apollo Funds acquired a majority stake in Texas-based Freedom CNG, a leading provider of renewable natural gas and compressed natural gas fueling infrastructure. This acquisition aligns with Apollo’s strategy to accelerate the transition to low-carbon energy, focusing on RNG as a practical, sustainable alternative for the transportation sector, which accounts for over […]
In New York, Plug Power has secured a contract with H2DRIVEN, a project developed by Dourogás and CapWatt, to provide Technical Evaluation Phase (TEP) support for 25 megawatts (MW) of its Proton Exchange Membrane (PEM) Electrolyzers during the Front End Engineering Design (FEED) process for their green methanol project in Portugal. The TEP offering provides […]
In New York, Technavio reported that the global waste to energy market size is estimated to grow by $28.68 billion from 2024-2028. The report noted that the market is estimated to grow at a CAGR of over 7.51% during the forecast period. “The global waste to energy market is witnessing a significant growth due to […]
