In Switzerland, Hitachi Energy is developing a Hydrogen Power Generator demonstration unit with Gothenburg-based fuel cell manufacturer PowerCell Group. PowerCell has provided the power modules and know-how in fuel cell integration and Hitachi Energy has the balance of plant and expertise in power electronics, batteries, cooling, intelligent control, and systems integration. Hitachi Energy expects to […]
In California. a study by Cleantech Group finds that a favorable policy environment and $80 – $300B of investment will be required to build the global low-carbon hydrogen economy by 2030. Demand increases are estimated to reach 150 Mt by 2030 and 520 Mt in 2050. The Cleantech group report found that low-carbon hydrogen costs […]
In California. a study by Cleantech Group finds that a favorable policy environment and $80 – $300B of investment will be required to build the global low-carbon hydrogen economy by 2030. Demand increases are estimated to reach 150 Mt by 2030 and 520 Mt in 2050. The Cleantech group report found that low-carbon hydrogen costs […]
In California, Universal Hydrogen announced the appointment of Anastasiya Pasterick as its Chief Financial Officer. As CFO, Pasterick will lead all aspects of Universal Hydrogen’s finance activities, including financial planning and strategy, capital raising, investor relations, financial reporting, treasury, and compliance. The executive previously worked for more than four years at Nikola Corp., a specialist […]
In Texas, Caterpillar announced the launch of a three-year program to demonstrate an advanced hydrogen-hybrid power solution built on its new Cat C13D engine platform. Starting in the first quarter of 2024, Caterpillar will develop a transient-capable system for off-highway applications. The project will demonstrate how state-of-the-art control systems and electric-hybrid components can help hydrogen-fueled […]
In Pennsylvania, GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with GE Vernova’s power systems offerings to produce green hydrogen. The integration of GE Vernova’s power conversion technology provides Next Hydrogen water electrolyzers with direct current (DC) power sourced from renewable […]
In The Netherlands, Offshore Energy reported that the CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank. In a joint letter, the CEOs noted that today, only 4% of projects […]
In France, IEA release two interactive data tools that allow users to explore developments related to low-emissions hydrogen projects worldwide. The data tools complement the Global Hydrogen Review 2023, published in September, and the updated hydrogen production and infrastructure projects databases, which were released in October, IEA said. The first of the new data tools […]
In Canada, Canada’s Minister of Housing, Infrastructure and Communities, Sean Fraser, announced federal government support for the green energy hub that EverWind Fuels is developing in Nova Scotia. EverWind and Export Development Canada have reached an agreement in principle on terms for a $91.3 million debt facility to support the project, pending final due diligence. […]
In California, Monarch Energy said it has formed a partnership with LS Power to deploy a portfolio of green hydrogen projects throughout the United States. LS Power plans to invest up to $400 million into projects developed by Monarch as part of the newly established Clean Hydrogen Fuels, LLC platform. LS Power provided $25 […]
