HD Hyundai KSOE subsidiary HD Hydrogen invests 72 million euros to acquire majority in Convion Oy, a leading fuel cell technology company from Finland
VNT Management Oy’s Power Fund III Ky owned over half of the Convion shares and sells its total shareholding in this deal. European Investment Fund, Finnish Industrial Investment Company (Tesi),…
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Megger, a global leader in testing and diagnostics equipment, has acquired Distence Oy in July 2024
We’re delighted to share some exciting news with you: Megger, a global leader in testing and diagnostics equipment, has acquired VNT´s Power Fund III investee Distence Oy. Effective immediately, Distence will become part of the Megger family, and we…
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HD Hyundai makes a Strategic Investment in Elcogen
OCTOBER 11, 2023 HD Hyundai makes a Strategic Investment in Elcogen Korea Shipbuilding & Offshore Engineering, a member of HD Hyundai Group, invests €45m in Elcogen’s Solid Oxide technology to further deepen the…
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SolydEra and Convion to jointly address growth in fuel-cell and hydrogen market
Pergine Valsugana (Italy) and Espoo (Finland), September 25th 2023 The agreement brings together SolydEra’s industry leading solid oxide technology and Convion’s flexible power generation and hydrogen production systems’ technology. The energy sector…
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Convion And Shell Form Partnership To Commercialise Solid Oxide Electrolysers (SOEC)
Convion And Shell Form Partnership To Commercialise Solid Oxide Electrolysers (SOEC) Convion and Shell Global Solutions International form partnership to develop, validate and commercialise advanced Solid Oxide Electrolysers (SOEC) supplied by Convion.…
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Norsepower secures €28 million from investors
Norsepower secures €28 million from investors to bring sails back to shipping Helsinki, Finland – 28, March 2023: Norsepower Oy Ltd., the leading global provider of mechanical sails for large ships,…
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Octopus Energy Group’s Kraken acquires Power Fund III investee Depsys
London / Lausanne – November 30th 2022 – Kraken, today announces the acquisition of Depsys, an energy technology company based out of Lausanne, Switzerland Octopus Energy Group’s Kraken moves into…
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Norsepower signs agreement with Dalian Shipbuilding Industry Co. Ltd. to install Rotor Sails onboard two newbuild CO2 carrier vessels
Helsinki, Finland – 18th August 2022: Norsepower Oy Ltd., the leading global provider of auxiliary wind propulsion systems, today announced a contract with Dalian Shipbuilding Industry Co. Ltd. for delivery of…
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