Elcogen AS has announced strategic investment by Baker Hughes

LONDON, UK: HydrogenOne Capital Growth’s portfolio company Elcogen AS has announced a strategic investment by Baker Hughes, part of an overall funding package totalling €140 million. This funding will be used to continue to scale up Elcogen’s leading solid oxide cell technology (SOEC) for green hydrogen. The investment by Baker Hughes, which follows strategic investment…

Zhero Europe secures investment from energy giants for green projects

PARIS, FRANCE: Zhero Europe, a company that aims to develop large-scale renewable energy projects in Europe and Africa, has signed a preliminary agreement with TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors. The investors will provide financing and expertise to help Zhero Europe advance its project portfolio, which involves renewable power generation, power interconnections…

Baker Hughes and Horisont Energi to jointly conduct Polaris carbon storage project in Norway

HOUSTON: Baker Hughes and Horisont Energi have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway, a news release said on Tuesday. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of…