Electric Hydrogen secures $100M credit facility from HSBC, JP Morgan, Stifel Bank and Hercules Capital to decarbonize critical industries at scale. Today, Electric Hydrogen announced $100M in corporate credit financing to support manufacturing and deployment of their innovative 100MW electrolyzer plants, which enable the lowest cost production of green hydrogen. The funding was...
Kleenex going green hydrogen at Millicent tissue mill. Technology development company entX will divest a 49 percent equity stake in its Limestone Coast Hydrogen Project (LCH2 Project, pictured below) which is aiming to produce green hydrogen for Australia’s major tissue manufacturer Kimberly-Clark Australia. KCA produces the Kleenex and Viva brands at the factory, as well...
Sustainable Hydrogen Production in British ColumbiaIn a landmark move for the advancement of clean energy technologies, Hazer Group Ltd has joined forces with FortisBC Energy Inc to initiate a groundbreaking hydrogen production facility in British Columbia, Canada. This partnership signifies a significant leap in the global transition towards more sustainable energy solutions.This collaboration leverages...
Waste metal swarf used in experiment to transform it into a highly efficient catalyst to make hydrogen from water, a discovery that could make hydrogen production more sustainable. Credit: University of NottinghamResearchers have developed a method to convert metal waste into an effective catalyst for producing hydrogen from water, a breakthrough that could enhance the sustainability of hydrogen...
Green hydrogen startup Hysata announced today that it has raised $111 million in a Series B funding round, with proceeds from the financing aimed at advancing its electrolyzer technology and expanding production. Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for sectors with difficult to abate emissions, in which...
Banking giants back EH2's electrolyser deployments with $100m loan H2 View Source link...
Hydrogen Oman (Hydrom), an entity founded by the Omani government to deliver the nation’s green hydrogen strategy, announced the win in the second round of a tender process.Actis, a global investor in sustainable infrastructure, and Fortescue, an energy, metals and technology company, have won exclusive rights to a ‘high-quality’ site, Hydrom said.The project is in the feasibility stage. The...
Energy transition is the “new normal” (or the only way forward in some peoples’ minds), which aims to reduce emission levels through various forms of decarbonization. Some of the key drivers are increased penetration of renewable energy into the energy supply mix and battery energy storage systems. While these measures contribute incrementally to decarbonization, the role of an alternative...