China advances energy storage with the opening of the Nengchu-1 project in Hubei Province. This facility is recognized as the world’s first 300-megawatt compressed air energy storage (CAES) demonstration project.
Author: Anela Dokso
NASA has taken a significant step towards sustainable aviation by funding the Hydrogen Hybrid Power for Aviation Sustainable Systems (Hy2PASS) project.
One of the latest policy shifts was announced by the U.S. Department of the Treasury on January 3, with the unveiling of the 45V hydrogen tax credit rules. These rules have been described as both a compromise and a catalyst—reflecting their dual intent to mitigate greenhouse gas emissions while fostering growth within the U.S. hydrogen industry.
AM Green is joining forces with logistics giant DP World to establish a zero-carbon supply chain.
Germany has made a significant investment of €588 million dedicated to advancing the green hydrogen industry.
Go Metals, a company focused on advancing exploration for critical metals, is expanding its reach with the initiation of new hydrogen exploration projects.
Klaipeda Port is advancing its plans to establish the region’s first green hydrogen station.
HD Hyundai’s shipbuilding arm, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), achieved a crucial approval for their vacuum insulation system designed for liquefied hydrogen storage tanks.
Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to collaboratively explore the development of a hydrogen network in Åland.
Nel ASA has announced a temporary halt in production at its Alkaline electrolyzer facility in Herøya, Norway, and a workforce reduction of approximately 20%. This decision comes in response to a slower-than-anticipated growth in the renewable hydrogen market, with order intakes in 2023 and 2024 falling short of expectations. Market Challenges The renewable hydrogen sector has encountered significant hurdles, including project delays and cancellations. Nel has also initiated a process to reclaim delivered equipment as compensation for overdue receivables exceeding one year from an undisclosed customer. These challenges have led to a decreased immediate need for new alkaline electrolyzer production,…
