Hydrogen production is experiencing remarkable growth, overcoming criticism of its carbon emissions in the past. Now, an innovative project has solved this problem, bringing emissions to zero. Hydrogen’s potential: an unlimited, renewable fuel Hydrogen has long been considered the cornerstone of the industry’s quest for a more sustainable future. Although it is not found in its pure state in nature,...
Four South Korean entrepreneurs who met while studying for their doctorate degrees in the US have raised $220m in the past three years from a string of blue-chip investors to help shipping bring ammonia fuelling closer to reality. The quartet, who united at the Massachusetts Institute of Technology, is behind Amogy, a company now proving a technology that can let ships use ammonia in fuel cells. Source...
Hydrogen Europe has said the low subsidy rates awarded by the European Hydrogen Bank’s (EHB) pilot auction were expected.On Tuesday (April 30), the European Commission revealed seven projects that would gain some €720m ($767m) in renewable hydrogen production subsidies.It came as the first auction under the EHB, which had been given a ceiling price of €4.5/kg ($4.79) of hydrogen produced to close...
In the presence of State, City and Port of Long Beach officials, Toyota Motor North America and FuelCell Energy have opened the “first-of-its-kind” Tri-gen system to generate renewable hydrogen, electricity and water to support operations at Toyota’s largest port facility in North America.Courtesy of Port of Long Beach The Port of Long Beach said that the Tri-gen system uses biogas to...
Representing a $550 million investment, the facility will produce up to 11,000 tons of liquid green hydrogen annually BUCKEYE, AZ (May 3, 2024) – Fortescue marked a new phase in the development of the company’s $550 million venture into green hydrogen production in the United States, the first of Fortescue’s planned green energy investments in North...
Estonian green hydrogen company announces the successful completion of its seed funding round, raising €42 million. The financing round is led by an equity investment by UG Investments and grant financing from IPCEI (Important Project of Common European Interest) framework for hydrogen technologies but also includes other investors and grants. Stargate Hydrogen’s technology is fundamentally...
DH2 Energy wins the first European renewable hydrogen auction. The European Commission announced on Tuesday, April 30, the projects that have been awarded in the first European hydrogen auction and the Hysencia renewable hydrogen production project by DH2 Energy is one of the winners. Vincent Tessé, DH2 Energy Deputy General Manager, said: We are delighted that DH2...
Green hydrogen is a key solution for reducing carbon emissions within heavy industries such as manufacturing, mining, and transportation. This article explores the significant role of green hydrogen in minimizing carbon footprints, detailing its environmentally friendly production process while addressing the challenges and opportunities in its adoption. Image Credit: Audio und...