October 16, 2023
BY Erin Voegele
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Raven SR Inc. on April 2 announced key board additions and an executive promotion, coupled with securing $15 million in new investments, positioning the company for further growth and innovation in the clean energy sector.
Rimere has announced the closing of a $10 million strategic investment from Clean Energy Fuels Corp. The funding will accelerate development and field testing of Rimere’s devices that enable the use of natural gas to produce hydrogen.
The U.S. Treasury Department and IRS on Dec. 22 released proposed regulations for the clean hydrogen tax credit created by the Inflation Reduction Act. The guidance, in part, addresses the production of clean hydrogen using biomass and biogas.
The U.S. Department of Energy in early December released a report associated with its Hydrogen Shot initiative that focuses on thermal conversion pathways, including the gasification of solid fuels such as biomass and coal.
Hawaiian Electric’s proposal to replace six fossil-fuel generators at its Waiau Power Plant with efficient flex-fuel units that can be fueled with biodiesel, renewable gas or hydrogen will advance to the next phase of an energy procurement process.