The European Commission will inaugurate this week its much anticipated Hydrogen Bank in order to support the increase of renewable hydrogen in the EU's energy mix. ADVERTISEMENTThe idea is to make €800 million available from European funds to help the industry and at the same time, incentivise private investment.Green hydrogen is expected to play a key role in decarbonising the EU so that...

Kochi: The Cochin Port Authority (CPT) in association with Indian Ports Association (IPA), hosted a workshop on ‘Pathway for a Successful Green Hydrogen Pilot at Cochin Port’. The workshop gave an outline on the growth possibilities of hydrogen fuel and how much CPT can help investors in the field.Over 50 industry partners from 25 institutions, including green hydrogen developers, consumers,...

Inox Air products, which manufactures industrial and medical gases, has now forayed into the green hydrogen segment and aims to expand business in the area while targeting to become a major green fuel supplier to the world. The company will be completing its capex target of Rs 3,000 crore in the current financial year (FY25) and will be investing Rs 1,000 crore on an average every year, managing...

© HJBC / Shutterstock.com © HJBC / Shutterstock.com Air Products has signed a 15-year green hydrogen supply agreement with TotalEnergies to see the French oil and gas major partially decarbonise its European refineries.Set to supply 70,000 tonnes of green hydrogen per year from 2030, it comes as the first contract under TotalEnergies’ tender for the supply of 500,000 tonnes of the clean energy...

Plug Power's stock price shot up Tuesday on the news that the federal Department of Energy had committed to provide the hydrogen fuel cell system manufacturer with a $1.6 billion loan guarantee.On Tuesday afternoon, the company's stock was trading almost 25% higher than when the market closed Monday, when shares were $2.90. At 2:30 p.m., the stock was trading at...

Just as the Obama administration claimed back in 2009, fuel cell technology was over a decade away. But that decade came and went. Now, 14 years later, fuel cell technology is far more economical and scalable for commercial use. The cost of FCVs have plunged over 65% over the last decade – especially for buses – on the back of innovations and production improvements. The increased affordability...

OCBC Malaysia head of investment banking and managing director Tan Ai Chin. KUCHING (June 9): OCBC Bank (Malaysia) Berhad (OCBC Malaysia), a leading financial institution pioneering multiple award-winning sustainable financing solutions, has positioned itself to contribute to the development of green hydrogen, taking cognizance of the challenges faced by the industry which is still in its nascent...

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Australia wants to become a renewable energy superpower, can it with green hydrogen? – BBC. Hidden among thick bushland in the outer suburbs of southern Sydney sits an expansive facility housing a technological breakthrough. It’s here that Australian company SunDrive Solar makes its “special sauce”: a new – top secret – formula that it says has solved “a very...

While H2 is being called a safe clean fuel, it is also an explosive oneIt’s widely believed that hydrogen cars and other vehicles will be an important part of the decarbonization of transportation.Questions about the safety of H2-powered vehicles are commonOne of the main things that people know about H2 is that it is flammable and that, under the right circumstances, it can also be explosive. After...