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uniper-samsung-hycap-invest-e44m-in-liquid-winds-hydrogen-based-e-fuel-push
© Liquid Wind
uniper-samsung-hycap-invest-e44m-in-liquid-winds-hydrogen-based-e-fuel-push
© Liquid Wind

Uniper, Samsung, HYCAP invest €44m in Liquid Wind’s hydrogen-based e-fuel push

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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