Bekaert, a Belgian steel wire manufacturer, announced that it planned to temporarily suspend production of electrolyzer components at its Bekintex site in Wetteren, Belgium, due to slower-than-expected global green hydrogen market expansion. This decision will affect 24 employees, who will be relocated to other sites in Belgium.Bekaert explained that this temporary adjustment is in...

The global green hydrogen market is set to see rapid growth, with its value expected to reach $30.6 billion by 2030, expanding at an annual rate of 61.1%, according to a report by consultancy Markets and Markets, reports Zawya.com. The report attributes this growth to worldwide efforts to cut carbon emissions, advancements in electrolysis and renewable energy, and government support through policies...

Swedish green steel producer Stegra announced Monday that it plans to raise approximately EUR 975 million in additional capital to fund the construction of its northern Sweden plant and bolster its financial position. The company, formerly known as H2 Green Steel, had previously secured EUR 6.5 billion in financing for the Boden facility, which will produce steel using hydrogen generated...

Representation image Japan has made a landmark stride in industrial decarbonization with the launch of its largest green hydrogen production facility—a ¥18.6 billion ($122 million) project in Hokuto City, Yamanashi Prefecture. The “Green Hydrogen Park Hakushu,” developed jointly by the Yamanashi government and ten corporate partners including Suntory Holdings, Toray,...

DOUGLAS COUNTY, Wash. – Douglas County PUD launched Washington’s first green hydrogen project, marking a significant step in clean energy innovation.The project features a 5-megawatt electrolyzer and fueling station, the first by a public utility in Washington.It’s expected to produce cleaner energy, reduce fuel costs for local partners and ease the strain on regional dams, the Washington State...

Washington's first public green hydrogen project debuts in Douglas County | Spokane News | khq.com We recognize you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore access cannot be...

South Australia's Office for Hydrogen Power spent more than $280 million before the state government scrapped the agency amid the failure of its Whyalla hydrogen project.But the government says it will be able to recoup much of the cost by selling the generators it purchased for the shelved hydrogen plant.The Malinauskas government had allocated $593 million to build a hydrogen power plant in Whyalla,...

Hyundai Nexo gaining traction, despite limited hydrogen cell refueling infrastructure Hyundai Motor’s Nexo, Korea’s only hydrogen fuel cell passenger car, is gaining traction. The model has sold more than 1,000 units per month for the past three months, signaling steady growth in a market constrained by limited charging infrastructure. From June through September, Hyundai...

New York state is providing more money for RGRTA to buy additional hydrogen fuel cell buses.Gov. Kathy Hochul on Tuesday announced funding awards for several transit providers across the state. Included in that was $17.5 million for the Rochester-Genesee Regional Transportation Authority.The money will help pay for 10 new electric buses powered by hydrogen fuel...

Daimler Truck, Toyota Name New Joint Company as Fuso-Hino Merger Moves Forward Source link...