Professional Motorsport World
  • News
    • A-E
      • Bodywork
      • Business Services
      • Chassis
      • Circuit News
      • Data Capture
      • Driver Safety
      • Electric Motorsport
      • Engine Technology
    • F-N
      • Karting
      • Legislative
      • Logistics
      • Materials
      • New Competition Car
    • O-S
      • Off Road
      • R&D
      • Race Series News
      • Safety
      • Show News
      • Simulation
      • Single Seaters
    • T-Z
      • Team News
      • Tin Tops
      • Tyres
      • Transmissions
      • Workshop
  • Features
  • Online Magazines
    • October 2024
    • September 2023
    • 2022
    • September 2021
    • Archive Issues
    • Subscribe Free!
  • Opinion
  • Videos
  • Supplier Spotlight
  • PMW Expo
LinkedIn Facebook Twitter
  • Automotive Interiors
  • Automotive Testing
  • Autonomous Vehicle
  • Automotive Powertrain
  • Tire
  • Media Pack
LinkedIn Facebook YouTube Instagram
Subscribe
Professional Motorsport World
  • News
      • Aerodynamics
      • Bodywork
      • Business Services
      • Chassis
      • Circuit News
      • Data Acquisition
      • Driver Safety
      • Electric Motorsport
      • Engine Technology
      • Karting
      • Legislative
      • Logistics
      • Materials
      • New Competition Car
      • Off Road
      • R&D
      • Race Series News
      • Safety
      • Show News
      • Simulation
      • Single Seaters
      • Team News
      • Testing
      • Tyres
      • Transmissions
      • Workshop
  • Features
  • Online Magazines
    1. October 2024
    2. September 2023
    3. 2022
    4. September 2021
    5. April 2020
    6. Subscribe Free!
    Featured
    9th October 2024

    In this Issue – October 2024

    Online Magazines By Lawrence Butcher
    Recent

    In this Issue – October 2024

    9th October 2024

    In this Issue – September 2023

    21st September 2023

    In this Issue – 2022

    4th October 2022
  • Opinion
  • Videos
  • Supplier Spotlight
  • PMW Expo
LinkedIn Facebook Instagram YouTube
Subscribe
Professional Motorsport World
R&D

Porsche takes significant stake in e-fuel producer

Lawrence ButcherBy Lawrence Butcher7th April 20222 Mins Read
Share LinkedIn Twitter Facebook Email

Porsche is to invest US$75m in HIF Global, the holding company behind a number of e-fuel development projects. Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas, Chile. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of e-fuels from hydrogen and CO2 using wind energy is expected to start there in mid-2022.

With its investment in HIF Global, Porsche is participating in an international financing round alongside the Chilean company Andes Mining & Energy (AME) and the American companies EIG, Baker Hughes Company and Gemstone Investments. In total, an amount in the low nine-figure USD range is flowing into HIF Global. The additional capital will be used to develop industrial eFuel facilities in Chile, the USA and Australia, which have large supplies of renewable energy.

“E-fuels make an important contribution to climate protection and complement our electromobility in a meaningful way. By investing in industrial e-fuel production, Porsche is further expanding its commitment to sustainable mobility. In total, our investment in the development and provision of this innovative technology amounts to more than US$100m,” noted Barbara Frenkel, member of the Executive Board for Procurement at Porsche.

Porsche has been researching the use of renewable fuels for some time and notes that tests in both the laboratory and on the racetrack are proceeding successfully. “We see ourselves as pioneers in e-fuels and want to drive the technology. This is one building block in our clear, overall sustainability strategy,” emphasized Michael Steiner, member of the Executive Board for Research and Development at Porsche.

The sports car manufacturer initially plans to use the e-fuel from Chile in motorsport projects. However, in the future, Porsche says it is also conceivable that they will be used to fuel its own vehicles with combustion engines during initial fueling at the factory, and at Porsche Experience Centers.

Share. Twitter LinkedIn Facebook Email
Previous ArticleInterview: BMW’s Andreas Roos on LMDh and GT3 progress
Next Article Professor Helmut Flegl: the man who tamed the Porsche 917 turns 80

Related Posts

Materials

Dymag, Borbet and Advanced International Multitech partner on carbon wheel technology

28th May 20252 Mins Read
Team News

IAC Maserati MC20 sets autonomous world speed record

27th May 20252 Mins Read
R&D

Bosch to introduce H2 concept at Le Mans 24 Hours

16th May 20253 Mins Read
Latest News

Tenders awarded for new LMP2 platform

14th June 2025

Updates from Le Mans Hypercar hopefuls; Genesis, McLaren and Ford progressing

13th June 2025

Hypercar and LMDH technical hub: Updated

12th June 2025

Receive breaking stories and features in your inbox each week, for free


Enter your email address:


Supplier Spotlights
  • AirShaper
Getting in Touch
  • Contact Us / Advertise
  • Meet The Editors
  • Download Media Pack
  • Free Weekly E-Newsletter
Our Social Channels
  • Facebook
  • Instagram
  • YouTube
  • LinkedIn
RELATED UKI TOPICS
  • Automotive Interiors
  • Automotive Testing
  • Autonomous Vehicle
  • Automotive Powertrain
  • Tire
  • Media Pack
© 2025 UKi Media & Events a division of UKIP Media & Events Ltd
  • Terms and Conditions
  • Privacy Policy
  • Cookie Policy
  • Notice & Takedown Policy

Type above and press Enter to search. Press Esc to cancel.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

CookieDurationDescription
cookielawinfo-checkbox-necessary1 yearSet by the GDPR Cookie Consent plugin, this cookie records the user consent for the cookies in the "Necessary" category.
elementorneverThe website's WordPress theme uses this cookie. It allows the website owner to implement or change the website's content in real-time.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

CookieDurationDescription
OAGEOsessionOpenX sets this cookie to avoid the repeated display of the same ad.
OAID1 yearCookie set to record whether the user has opted out of the collection of information by the AdsWizz Service Cookies.
test_cookie15 minutesdoubleclick.net sets this cookie to determine if the user's browser supports cookies.
VISITOR_INFO1_LIVE5 months 27 daysYouTube sets this cookie to measure bandwidth, determining whether the user gets the new or old player interface.
YSCsessionYoutube sets this cookie to track the views of embedded videos on Youtube pages.
yt-remote-connected-devicesneverYouTube sets this cookie to store the user's video preferences using embedded YouTube videos.
yt-remote-device-idneverYouTube sets this cookie to store the user's video preferences using embedded YouTube videos.
yt.innertube::nextIdneverYouTube sets this cookie to register a unique ID to store data on what videos from YouTube the user has seen.
yt.innertube::requestsneverYouTube sets this cookie to register a unique ID to store data on what videos from YouTube the user has seen.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

CookieDurationDescription
CONSENT2 yearsYouTube sets this cookie via embedded YouTube videos and registers anonymous statistical data.
vuid1 year 1 month 4 daysVimeo installs this cookie to collect tracking information by setting a unique ID to embed videos on the website.
_ga1 year 1 month 4 daysGoogle Analytics sets this cookie to calculate visitor, session and campaign data and track site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognise unique visitors.
_ga_*1 year 1 month 4 daysGoogle Analytics sets this cookie to store and count page views.

Functional

Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.

CookieDurationDescription
__cf_bm30 minutesCloudflare set the cookie to support Cloudflare Bot Management.

SAVE & ACCEPT
Powered by