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Energy Impact Partners (EIP): EIP Announces Three European Energy Leaders to Join Global Innovation Platform Shell Ventures, EDF, DSD join EIP's collaborative European coalition to foster innovation towards a sustainable energy future Energy Impact Partners (EIP), the global investment platform leading the transition to a sustainable energy future, announced Shell Ventures, EDF, and DSD as the latest European leaders to join its coalition focused on the advancement of technologies accelerating global decarbonization. EIP's coalition collaborates by sharing insights, investing in innovativ...

Artwork shows a commercial airliner with a hydrogen-electric powertrain. (ZeroAvia via PR Newswire) Microsoft co-founder Bill Gates is putting his money as well as his mouth behind the push for new energy technologies. First, about the money: Gates’ Breakthrough Energy Ventures is doubling down on its investment in ZeroAvia, a startup that’s working on a hybrid hydrogen-electric powertrain for aircraft capable of flying more than 50 passengers. This week, ZeroAvia announced that Gates’ energy innovation fund is participating in a follow-up investment round amounting to another $24.3 mil...

ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. The program kick-off is supported by a new raise of $24.3 million, led by Horizons Ventures, joined by a new investor: British Airways. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. This new round accelerates the larger hydrogen-electric engine development f...

Share This The FINANCIAL -- British Airways has invested in ZeroAvia – a leading innovator in decarbonising commercial aviation – in an effort to accelerate the development of 50+ seater aircraft capable of running on zero emissions hydrogen-electric power. British Airways and a group of investors including Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ have invested a total of $24.3m USD, which will enable ZeroAvia to launch a new development programme to further demonstrate the credibility of its technology and acc...

ZeroAvia raises new funding for hydrogen-electric engine development Share 5 hours ago Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Zero-emission aviation firm ZeroAvia has raised $24.3m in new funding to support the development of a 2MW hydrogen-electric engine. Hong Kong-based venture capital firm Horizons Ventures, an existing investor, led the latest funding round and was joined by new investor British Airways. Other investors, including Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventur...