Australian Securities Exchange (ASX)-listed Magnis Energy Technologies has signed a binding funding proposal for up to A$50m ($33.4m) with US investment fund SBC Global.
Issue 481 - 22 March 2023
Its wealth of renewable energy resources, availability of land and proximity to markets mean Africa holds the key to Europe’s vision of a net zero future based on green hydrogen (GH2) use. The manufacture of carbon-free liquid fuels could also transform the continent, but project sponsors, financers and offtakers need to ensure this is done fairly, while contributing to economic and social development. The establishment of the European Hydrogen Bank can be a crucial step in that direction.
Issue 480 - 16 March 2023
Power, Renewable energy, Future fuels, Strategy & risk, Finance & investment
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