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...
“We see hydrogen as a key solution for implementing decarbonisation of hard-to-abate industries such as steel, chemicals and heavy transport,” Alfred Wong, a partner overseeing impact investing at Templewater, said in an interview. “Hysata’s technology can significantly reduce the cost of green hydrogen production.”Alfred Wong leads Templewater’s decarbonisation and impact investment...
Sweden, which opened its largest electrolyzer facility last year, is up next, and fellow European Union members Germany and France also make the top 10. The EU has plans to “produce 10 million tonnes and import 10 million tonnes” of “renewable hydrogen” by 2030, and it has set ambitious targets to boost hydrogen use in industry and transport, positioning itself as a leader in demand-side...
Some €720 million ($773 million) has been awarded to seven green hydrogen and ammonia projects under the first pilot auction of the European Hydrogen Bank (EHB), an EU financing vehicle to help accelerate the growth of hydrogen production in the bloc. The results of the auction are interesting in what it says about the massive cost...
H2 MOBILITY and BASF forge ahead with construction of hydrogen refuelling station. H2 MOBILITY Deutschland and BASF are jointly investing in the construction of an H2 refuelling station in Frankenthal. With the delivery of important core components, a milestone has been reached on the way to completing the plant. In the presence of Frankenthal’s Lord Mayor Dr Nicolas Meyer,...
Green hydrogen producer Hysata raises $172 million in Series B funding The Australian Financial Review Source link...
Hydrogen And Fuel Cell News Flash For May 08, 2024 - FuelCellsWorks Press enter to begin your search error: Alert: Content is protected !! We use cookies to ensure that we give you the best...
Hydrogenone's portfolio companies have been buoyed by investment in the hydrogen space.Hydrogenone Capital Growth, the investment trust focused on cash into clean hydrogen, has reported a strong performance of its underlying holdings, even though its share price has struggled.The trust’s net asset value (NAV) has grown 0.6 per cent since the start of the year, and 3.6 per cent since March 2023, it...
ArcelorMittal, one of the world’s leading steelmakers, is facing scrutiny over its commitment to decarbonisation, as a recent report from advocacy group SteelWatch reveals that the company has only invested one third of the $1.5 billion it pledged towards decarbonisation efforts between 2021 and 2023.The steel giant, which produces emissions equivalent to Belgium’s entire output, had estimated a $10...