Plug Power is combining a multiyear GenDrive refresh for over 20,000 units with $275 million in asset sales to reach positive EBITDA by Q4 2026.Plug Power is implementing a dual-track approach to align its technological deployment with financial sustainability. One track leverages a substantial installed base of more than 70,000 GenDrive hydrogen fuel cell systems by planning a multiyear replacement...
The steelmaker could drastically reduce both air and carbon pollution in Louisiana by replacing the gas with green hydrogen — which is made from renewable electricity and water, and whose only byproduct is water vapor. When Hyundai first unveiled the project in early 2025, it indicated the plant would use the carbon-free fuel and become a “catalyst for the...
France’s DGEC plans a second round of electrolysis subsidies to drive 1 GW of green hydrogen capacity and narrow the cost gap with fossil-based hydrogen.France is ramping up its game in the green hydrogen scene by rolling out a second round of state support aimed specifically at boosting green hydrogen production through electrolysis. After selecting three winners in a previous round, the Direction...
See more from Canary Media’s “Chart of the Week” column. Peanut butter and jelly. Batman and Robin. Solar and storage. Some things just go together, and that’s why investors around the world are pouring more and more money into projects that pair rows of solar panels with boxes of grid batteries on the same site....
FuelCell Energy inked a 380 MW data center power deal, a 75 MW Texas reservation, grew its backlog to $3.646 billion, expanded Torrington manufacturing plans, and deployed first industrial carbonate fuel cell CO₂ capture modules at ExxonMobil’s Rotterdam site.With the skyrocketing demand for AI and the urgent need to cut down carbon emissions, FuelCell Energy is making some notable moves that could...
Solar is beating coal in China. Sorta. But also not at all. Let me explain. An eye-popping new chart made the rounds this week. It shows a line representing solar energy in China rising improbably over the last decade, until at last it overtakes another line that represents the nation’s vast...
Atawey Joins HyMobility Consortium as Hydrogen Refuelling Station Supplier Source link...
Siemens Energy will spin off its Transformation of Industry unit—including its Berlin-based electrolyzer business—to external investors, sharpening its focus on grids and retaining a minority stake in the hydrogen venture.So, what happens when a big player in the energy tech scene decides to run its hydrogen business as a separate venture? Well, that's exactly what Siemens Energy is diving into!...
Being able to tap into generation well beyond their borders makes it easier for utilities to deal with disruption or demand spikes caused by intense weather events like winter storms or heat waves. That’s one of the benefits cited for North Plains Connector in last month’s draft National Transmission Needs Study, the most recent in a series of DOE reports...
Castilla y León approved the 40 MW Moreruela II electrolyser with an integrated 50 MW solar park, advancing green hydrogen production amid groundwater debates in rural Zamora. Junta de Castilla y León in Spain has just given the green light for the Moreruela II green hydrogen plant in Granja de Moreruela, Zamora. This project, developed by Inari Solar, S.L. and supported by the Andalusian team at...
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