Swiss energy services provider Alpiq and Finnish green hydrogen firm P2X Solutions have agreed on a financing arrangement according to which Alpiq will invest approximately €47 million in P2X, becoming its majority owner (54.9%). Alpiq revealed the company has the option to increase its shareholding to up to 100% by the end of 2028, adding that P2X will be managed on a partnership basis and...

Vireon, a subsidiary of Norwegian Hydrogen and a prominent hydrogen refueling company in the Nordics, has clinched a substantial EU grant of €9.2 million (NOK 106 million). The grant is earmarked for the establishment of green hydrogen production and refueling stations for heavy-duty vehicles across Finland and Denmark, signaling a significant advancement in Vireon’s...

South Korea’s sole hydrogen bus manufacturer Hyundai Motor Co. is set to boost its hydrogen bus production capacity sixfold in 2024 after sales of electric buses made in China surpassed those for domestically made ones for the first time. According to industry sources on Sunday, Hyundai Motor‘s Jeonju plant recently ramped up its annual production capacity for hydrogen buses to 3,000 units, up from...

Deutsche Bank continues its support of the German-Australian Hydrogen Alliance  Addresses worldwide Source link...

Engie – With the mosaHYc project, ENGIE has reached the first milestone in its goal of building 700 km of hydrogen transport networks in Europe by 2030. mosaHYc is a ~90 km cross-border hydrogen pipeline project with Germany. It represents a total investment of €110 million, of which €40 million will be borne by GRTgaz. GRTgaz, an independent subsidiary of the ENGIE...

Green hydrogen has garnered huge interest from policymakers as well as the industry. In an interview with DH’s Gyanendra Keshri, EY India Partner Kapil Bansal, who specialises in energy transition and decarbonisation, talks about economic viability, opportunities, and challenges in the green hydrogen sector. Excerpt: How do you see the commercial viability of green hydrogen? The economic viability of...

Pioneering Glasgow start-up secures milestone £1 million funding to revolutionise hydrogen energy sector. A pioneering University of Glasgow spinout looking to revolutionise the hydrogen energy sector has secured more than £1 million in funding. The investment will be seen as a significant vote of confidence in Clyde Hydrogen and its ground-breaking technology that...

The proposed subsidies could be allocated over a two-decade period. Credit: DifferR/Shutterstock.com. Germany’s Ministry for Economic Affairs...

Colombia is in an impressive leadership position: the country generates as much as 75 percent of its electricity from renewable energy – more than twice the global average and significantly more than the 60 percent across Latin America and the Caribbean. This week, the World Bank and the Asociación Hidrógeno Colombia held the 3rd Hydrogen for Development Partners Meeting in Bogotá to help...

Summary Neat sustainable aviation fuel is certified, but hydrogen power still developing and needs infrastructure. Project Acorn trial successful, proving hydrogen use for ground equipment at live airports. Safety case for hydrogen in aviation is being built, with challenges still needing to be addressed. SIMPLEFLYING VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT Most of...