A Belgian hydrogen company has expanded to the United States by way of the Houston area. Photo via johncockerill.com

A Belgian electrolyzer manufacturer has acquired a facility in Baytown, expanding to North America for the first time.

John Cockerill Hydrogen announced today that its acquired a manufacturing space south of Houston that will be retrofitted to become one of the largest alkaline manufacturing facilities in the country. It's slated to deliver as early as the third quarter of next year.

“We are excited for the US launch, the first step in our partnership journey with North American businesses and stakeholders who seek to decarbonize and advance the energy transition,” François Michel, CEO of John Cockerill Group, says in a news release.

Expected to create 200 new jobs and produce one gigawatt of electrolyzers a year, the project is slated to deliver as early as the third quarter of next year.

According to the release, Chambers County's highway and barge access, storage and pipeline proximity, and other existing infrastructure were key factors for the company's decision. John Cockerill Hydrogen, which has an office in Houston already, reports that Houston's recent selection by the Department of Energy to be one of seven hubs to receive funding for hydrogen development was another part of the city's appeal.

“With an existing energy ecosystem comprised of competitive natural resources, a highly skilled talent base, and existing infrastructure, Houston was the natural choice for our entry to North America,” Nicolas de Coignac, president of the Americas for John Cockerill, says in the release. “We look forward to partnering with local and state officials, business organizations, academic institutions and other Houston-area stakeholders playing a part in meeting the ambitious goals to reduce greenhouse gases emissions and ensuring energy security and resilience.”

The company has a relationship supporting the Greater Houston Partnership’s Houston Energy Transition Initiative, per the news release, and plans to host a groundbreaking event sometime this year with local business, industrial, and community leaders.

“We are pleased to welcome John Cockerill Hydrogen’s highly anticipated U.S. launch to Houston,” Bob Harvey, president and CEO of GP, says in the release. “This momentous announcement — closely following the U.S. Energy Department’s selection of HyVelocity to develop a Gulf Coast Hydrogen Hub – serves as a resounding testament to our city’s unrivaled status as the energy — and energy transition — capital of the world. With our exceptional infrastructure and top-tier talent, Houston is primed for exponential growth. John Cockerill Hydrogen’s partnership within our hydrogen ecosystem will be nothing short of transformative. Together, we will shape the future of energy and solidify Houston’s position in theclean hydrogen space.”

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ExxonMobil invests over $200M in Texas advanced recycling sites

doubling down

ExxonMobil announced that it plans to invest more than $200 million to expand its advanced recycling operations at its Baytown and Beaumont sites that are expected to start in 2026. The new operations can help increase advanced recycling rates and divert plastic from landfills, according to ExxonMobil.

“We are solutions providers, and this multi-million-dollar investment will enhance our ability to convert hard-to-recycle plastics into raw materials that produce valuable new products,” says Karen McKee, president of ExxonMobil Product Solutions, in a news release.

The investment plans to add 350 million pounds per year of advanced recycling capacity at Baytown and Beaumont, which will bring ExxonMobil’s total capacity to 500 million pounds annually. The first Baytown facility started in 2022 and represents one of the largest advanced recycling facilities in North America by having processed more than 70 million pounds of plastic waste.

“At our Baytown site, we’ve proven advanced recycling works at scale, which gives us confidence in our ambition to provide the capacity to process more than 1 billion pounds of plastic per year around the world,” McKee said in a news release. “We’re proud of this proprietary technology and the role it can play in helping establish a circular economy for plastics and reducing plastic waste.”

Advanced recycling works by transforming plastic waste into raw materials that can be used to make products from fuels to lubricants to high-performance chemicals and plastics. Advanced recycling allows for a broader range of plastic waste that won't be mechanically recycled and may otherwise be buried or burned.

ExxonMobil will continue development of additional advanced recycling projects at manufacturing sites in North America, Europe and Asia with the goal of reaching 1 billion pounds per year of recycling capacity by 2027.

Houston-based Fervo Energy collects $255M in additional funding

cha-ching

A Houston company that's responding to rising energy demand by harnessing geothermal energy through its technology has again secured millions in funding. The deal brings Fervo's total funding secured this year to around $600 million.

Fervo Energy announced that it has raised $255 million in new funding and capital availability. The $135 million corporate equity round was led by Capricorn’s Technology Impact Fund II with participating investors including Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, and Sabanci Climate Ventures.

The funding will go toward supporting Fervo's ongoing and future geothermal projects.

“The demand for 24/7 carbon-free energy is at an all-time high, and Fervo is one of the only companies building large projects that will come online before the end of the decade,” Fervo CEO and Co-Founder Tim Latimer says in a news release. “Investors recognize that Fervo’s ability to get to scale quickly is vital in an evolving market that is seeing unprecedented energy demand from AI and other sources.”

Additionally, Fervo secured a $120 million letter of credit and term loan facility from Mercuria, an independent energy and commodity group that previously invested in the company.

“In surveying power markets across the U.S. today, the need for next-generation geothermal is undeniable,” Brian Falik, group chief investment officer of Mercuria, adds. “We believe in Fervo not just because their EGS approach is cost-effective, commercially viable, and already being deployed at scale, but because they set ambitious targets and consistently deliver.”

In February, Fervo secured $244 million in a financing round led by Devon Energy, and in September, the company received a $100 million bridge loan for the first phase of its ongoing project in Utah. This project, known as Project Cape, represents a 100x growth opportunity for Fervo, as Latimer explained to InnovationMap earlier this year. As of now, Project Cape is fully permitted up to 2 GW and will begin generating electricity in 2026, per the company.

Other wins for Fervo this year include moving into its new headquarters in downtown Houston, securing a power purchase agreement with California, growing its partnership with Google, and being named amongst the year's top inventions by Time magazine.


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This article originally ran on InnovationMap.