Why Air Products Investors Revolted Against Clean Hydrogen

Why Air Products Investors Revolted Against Clean Hydrogen

After a proxy fight, a successful shareholder revolt, and the ousting of a CEO, Air Products, the largest hydrogen company in the world, is floundering. In early May, it posted a $1.7 billion net loss for the second quarter of the fiscal year. While Air Products produces an array of industrial gases, the newly appointed CEO, Eduardo Menezes, told investors on the company’s recent Q2 earnings call that...

Namibia: More Than a Rush – Strategically Building Namibia’s Green Hydrogen Economy

Namibia: More Than a Rush – Strategically Building Namibia’s Green Hydrogen Economy

Lately, Namibia is buzzing with a new kind of energy and I don't just mean oil and gas - I mean green technology. We have seen discourse on social media, on panel discussions and in keynote addresses on how green hydrogen is on its way to becoming one of Namibia's greatest exports. Given the staggering unemployment rate of 54%, it is not surprising that young Namibians are actively pursuing...

ITM Power have signed a contract to supply a NEPTUNE II unit to a Spanish cement producer.

ITM Power have signed a contract to supply a NEPTUNE II unit to a Spanish cement producer.

ITM Power have signed a contract to supply a NEPTUNE II unit to a Spanish cement producer. ITM Power is pleased to announce that we have signed a contract to supply a NEPTUNE II unit to a leading Spanish cement producer. NEPTUNE II is our fully autonomous 2MW electrolyser system. Supplied with power conversion and incorporating all necessary balance of plant, the green...

South Korea to build world’s largest liquefied hydrogen carrier by 2027

South Korea to build world’s largest liquefied hydrogen carrier by 2027

South Korea to build world’s largest liquefied hydrogen carrier by 2027 South Korea plans to build the world’s largest liquefied hydrogen carrier for demonstration purposes by 2027 as part of efforts to develop future growth engines for the local shipbuilding industry, the industry ministry said Friday. To this end, the government will invest 55.5 billion won ($39.5...

Dutch hydrogen developments – TaylorWessing

Dutch hydrogen developments – TaylorWessing

Dutch hydrogen developments – TaylorWessing The Netherlands aspires to fully transition to sustainable energy sources by 2050. To facilitate this objective, one of the key pillars for the Dutch government is the adoption of green hydrogen for energy storage—also as part of the broader European strategy to enhance energy security and decarbonize industry. Already today, the...

US Green Hydrogen Industry Gets A .66 Billion Turbo-Boost

US Green Hydrogen Industry Gets A $1.66 Billion Turbo-Boost

Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! Last Updated on: 17th January 2025, 03:02 pm Green hydrogen stakeholders were forced to undergo yet another round of reality checks last year. Costs remained stubbornly high with no sign of a quick turnaround, and buyers...

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