Green Hydrogen

OMV Starts Building Major EU Green Hydrogen Plant

OMV Starts Building Major EU Green Hydrogen Plant

OMV AG has laid the foundation stone for a 140-megawatt (MW) electrolyzer to produce up to 23,000 metric tons a year of hydrogen in Bruck an der Leitha, Lower Austria. Expected to start production 2027, it will be the biggest renewable hydrogen plant in Austria and Southeastern Europe and among the top five across the continent, Austria's state-backed OMV said in a statement on its website. The...

Trump Set to Cancel West Coast Hydrogen Hubs Amid Shutdown Fight

Trump Set to Cancel West Coast Hydrogen Hubs Amid Shutdown Fight

The Trump administration is planning to cancel billions of dollars earmarked for hydrogen projects in California and the Pacific Northwest as part of its first tranche of funding cuts following the government shutdown, according to an administration official.The move is part of nearly $8 billion in funding eliminations that White House Budget Director Russell Vought flagged was coming for green energy...

Plug Power Stock Is Surging Wednesday: What’s Going On? – Plug Power (NASDAQ:PLUG)

Plug Power Stock Is Surging Wednesday: What’s Going On? – Plug Power (NASDAQ:PLUG)

Shares of Plug Power Inc (NASDAQ:PLUG) continued their powerful rally Wednesday, fueled by ongoing excitement around artificial intelligence and an operational update. The hydrogen energy company’s stock has surged over 88% in the past month.What To Know: The recent momentum is largely tied to the immense energy demands of AI-driven data centers. Investors are betting on hydrogen fuel cell providers...

Plug Power soars on bullish options activity as it delivers first electrolyzer for green hydrogen project

Plug Power soars on bullish options activity as it delivers first electrolyzer for green hydrogen project

Hydrogen fuel cell company Plug Power is enjoying massive gains and a lot of love in the options market Wednesday after the company announced that it delivered the first electrolyzer to a refinery in Portugal.“This project, Plug’s largest worldwide, will produce up to 15,000 tons of renewable hydrogen per year, replacing 20% of the grey hydrogen currently used at the Sines Refinery,” per the...

Plug Power (PLUG) Shares Skyrocket, What You Need To Know

Plug Power (PLUG) Shares Skyrocket, What You Need To Know

What Happened?Shares of fuel cell technology Plug Power (NASDAQ:PLUG) jumped 22.1% in the afternoon session after the company announced a significant project milestone: the delivery of its first 10-megawatt (MW) electrolyzer module to Galp's Sines Refinery in Portugal. This delivery marks the initial step in what is set to become one of Europe's largest proton exchange membrane (PEM) hydrogen...

Morocco aims for leadership in global green hydrogen market at World Power-to-X Summit

Morocco aims for leadership in global green hydrogen market at World Power-to-X Summit

«The green hydrogen sector stands as one of the dynamic and promising challenges that Morocco is banking on to achieve a sustainable energy transition», emphasized Leila Benali, the Minister of Energy Transition and Sustainable Development, on Wednesday in Marrakech. During the inauguration of the 5th edition of the World Power-to-X Summit (Power-to-X 2025), Leila Benali outlined the...

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