According to a recent study conducted on behalf of Transport & Environment (T&E), investments in the refining of biofuels are eight times larger. This suggests that the “big bet” made by Europe’s oil majors on hydrogen as the future’s transportation fuel is not as large as it appears in theory.
As part of its low-carbon goal, Sonatrach intends to start two pilot projects in 2023 that will produce green hydrogen and move it through gas pipelines.
A committed organization was established to aid in the growth of China’s hydrogen fuel cell vehicle sector. The center, which cost a total of 500 million yuan (US$ 73.9 million), has facilities for hydrogen fuel cells, hydrogen cars, and power equipment spread across an area of 190 mu (approximately 12.67 hectares). The facility offers testing services for every link in the industrial chain, from hydrogen fuel cell cars to vital auto parts to hydrogen quality. The China Automotive Engineering Research Institute Limited founded the institution, which is the first of its kind in China. The southwest Chinese municipality of Chongqing…
The Renault company has chosen Punch Torino, a renowned center of expertise for propulsion systems and electronics, for the development of diesel and hydrogen engines.
A capital increase of EUR 22 million (USD 23.53 million) has been secured by HPS Home Power Solutions AG, a German supplier of environmentally friendly hydrogen-based power storage for buildings, to help the company expand both domestically and abroad.
A global partnership for hydrogen production technology has been formed by Topsoe and Fidelis New Energy.
Hydrogen Optimized, a subsidiary of Key DH Technologies, established high performance benchmarks for its proprietary RuggedCell water electrolyzers in a simulation of variable power situations at the 30 GW AMAN green hydrogen project in Mauritania.
Uruguay’s energy transition is now the best element for green hydrogen production and consumption, which will give investment opportunities for the country.
The Babcock & Wilcox Company (B&W) and Fidelis New Energy (Fidelis) have created a global cooperation to develop clean hydrogen technologies.
Bulgaria’s MFG invests in Green Innovation MFG Invest, a Bulgarian company, has invested 214,936 levs ($118,050/109,895 euros) in Green Innovation, a local maker of hydrogen electrolyser systems. According to MFG in a bourse filing, the investment was made as part of Green Innovation’s $2.14 million fundraising round. ImPulse I, a Bulgarian investment firm, announced a day earlier that as part of the transaction, it had invested 250,000 euros from its ImVenture II fund in Green Innovation. The fundraising also included angel investors. Green Innovation, a 2016 startup that just changed its name to Hydrogenera, creates alkaline electrolysers and systems that…
