Plug Power partners with U.S. data center developer to provide hydrogen power solutions

Plug Power partners with U.S. data center developer to provide hydrogen power solutions

Plug Power Inc. (NASDAQ: PLUG) saw its pre-market shares rise 8.3 per cent on Monday after the company announced plans to improve liquidity by more than USD$275 million. The hydrogen fuel cell developer said the improvement will come through asset monetization, the release of restricted cash, and lower maintenance expenses. As part of the strategy, Plug signed a non-binding Letter of Intent to sell its...

Regulators approve first step toward hydrogen transition at Scattergood gas plant

Regulators approve first step toward hydrogen transition at Scattergood gas plant

Source: City of Los Angeles. Los Angeles regulators have issued an approval in what became the first step in transitioning a gas plant to hydrogen generation. The Los Angeles Board of Water and Power Commissioners has approved and certified the final Environmental Impact Report (EIR) for the Los Angeles Department of Water and Power’s (LADWP) Scattergood Generating Station Units...

OMV and Masdar to build a green hydrogen plant in Austria

OMV and Masdar to build a green hydrogen plant in Austria

OMV, Austria’s integrated energy and chemicals group, and Masdar, a United Arab Emirates state-owned renewable energy company, have signed a binding agreement to establish a joint venture for a 140 megawatt (MW) green hydrogen electrolyser plant in Bruck an der Leitha, Austria. The facility will be one of Europe’s largest. It is going to support the decarbonisation of OMV’s Schwechat refinery...

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