In South Korea, Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding (MoU) with the aim of collaborating to establish a hydrogen mobility ecosystem. The MoU covers study on adoption of hydrogen fuel cell systems and technologies, study on adoption of energy efficient solutions for mobility projects and products, and exploring hydrogen […]
In Canada, Ayrton Energy, a developer of liquid organic hydrogen carrier (LOHC) technology, secured $6.8 million in seed financing to advance its low-cost, scalable approach to efficient delivery of clean hydrogen. The round was led by Clean Energy Ventures and the Business Development Bank of Canada’s investment arm, BDC Capital, with participation from Antares Ventures, […]
In the UK, Watson Farley & Williams (WFW) said it advised KGAL Investment Management‘s KGAL ESPF 6 Energy Transition Fund on its investment in a major project to produce green hydrogen in the Baltic Sea port of Lubmin in eastern Germany. KGAL’s partners on the project are PtX Development GmbH as initiator and German green […]
In Iowa, SunHydrogen announced that it has joined the Texas Hydrogen Alliance, a coalition of industry leaders dedicated to advancing the hydrogen economy in Texas. Founded in 2021, the Texas Hydrogen Alliance is a non-profit trade organization that brings together policymakers, regulators, industry leaders and innovators to advocate for policies that expedite hydrogen adoption, promote […]
In Norway, Norwegian company Equinor has scrapped plans to export so-called blue hydrogen to Germany because it is too expensive and there is insufficient demand. Equinor and Germany’s RWE had signed a memorandum of understanding in January 2022 to build a hydrogen supply chain for German power plants to help reduce greenhouse gas emissions, according […]
In Spain, Hydrogen Europe reported that Spanish gas distributor Redexis has started blending green hydrogen into Mallorca’s national gas grid via a pipeline. The report noted that the 3.2km pipeline will transport the fuel via the existing 1,400km gas network in Mallorca. The network’s hydrogen blend is reported to be 2%. The green hydrogen will […]
In Norway, Reuters reported that Shell scrapped plans for a low-carbon hydrogen plant on Norway’s west coast due to a lack of demand. “We haven’t seen the market for blue hydrogen materialize and decided not to progress the project,” said a spokesperson for Shell in Norway. Together with partners Aker Horizons and CapeOmega, Shell had […]
In Belgium, The Hydrogen Council stated that the global clean hydrogen project pipeline is growing and maturing, with a sharp increase in projects reaching final investment decision (FID). In its Hydrogen Insights 2024 report, co-authored by McKinsey & Company, the council stated that while the global project pipeline has grown by a factor of seven […]
In France, Forvia, an automotive technology supplier, said it will supply HYVIA, Renault Group and Plug Power’s joint venture, with complete hydrogen storage systems for the New Renault Master H2-Tech. Forvia’s system includes up to five second-generation composite carbon fiber tanks. These tanks offer a more affordable and sustainable solution through enhanced manufacturing processes and […]
In Scotland, the Scottish government said that local businesses will be able to bid for a share of up to $9.2 million of government funding to help kick start green hydrogen projects across Scotland. The funding will help cover the development stage costs of green hydrogen production projects with production capacity of between 5-400 megawatts. […]
