Green hydrogen-based e-fuel project developer Liquid Wind has raised €44m ($46m) in a Series C financing round led by Uniper, HYCAP and Samsung Ventures.
The Swedish firm says the capital will support the development of 10 e-fuel facilities by 2027 as it aims to meet the shipping industry’s growing demand for e-methanol.
Its plan is to develop scalable, standardised facilities to convert biogenic CO2 with green hydrogen into e-methanol, which it says generates 94% lower emissions compared to fossil fuels on a well-to-wake basis.
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