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Raven SR bolsters leadership team, secures $15M investment

By Raven SR Inc.

April 09, 2024

Sustainable Aviation FuelsHydrogen Business

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.

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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.

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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.

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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.

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Biomass Magazine on Dec. 6 released the agenda for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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SoCalGas announced on Nov. 30 that an innovative technology developed by UCLA researchers that uses renewable solar energy and biogas to produce hydrogen and high-quality cylindrical graphite is on display at COP 28.

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The U.S. Department of Energy on Oct. 13 announced plans to award up to $1.2 billion to support the launch of a regional hydrogen hub located in California that will produce hydrogen exclusively from renewable energy and biomass.

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