BLOOMBERG Sweden’s H2 Green Steel AB raised €1.5 billion ($1.6 billion) of equity to help finance the world’s first large-scale green steel plant and a giga-scale electrolyser that will supply the site with hydrogen. The private placement, which the firm says is the largest this year in Europe, was co-led by French hydrogen investor Hy24, together with existing investors including ...

BLOOMBERG Stripe Inc’s $1 billion Frontier fund has written its third round of checks to startups attempting to suck carbon dioxide out of the atmosphere. Frontier facilitated the purchase of $7 million of carbon removal services from 12 startups on behalf of Stripe, Shopify Inc and Hennes & Mauritz AB (H&M). The startups use a variety of techniques to remove ...

DUBAI/GULF TIME The sixth edition of the esteemed Rotating Machinery Technology & Innovation gathering, RoTIC Symposium, is set to take center stage from September 25th to 27th at the Festival Arena by InterContinental, Dubai. Organized by Aldrich Energy, this premier event promises to be a pivotal platform for industry leaders and technical experts from across the globe to convene and ...