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Author: Anela Dokso
Forvia, a global leader in automotive technology, has announced the opening of its first mass production plant for Type IV hydrogen tanks in Allenjoie, France. The plant is the first of its kind in Europe and North America, and is expected to produce 100,000 tanks annually.
Tunisia is setting its sights on becoming a global powerhouse in the production and export of green hydrogen, with an ambitious target of manufacturing 8.3 million tonnes per year by 2050.
The Spanish government has announced an additional €10 billion investment in its Strategic Projects for Economic Recovery and Transformation (PERTEs) program to accelerate the country’s clean energy transition.
HyGear, a hydrogen technology company in Arnhem, and Rijngas from Dinxperlo have recently signed a cooperation contract to increase hydrogen production and distribution.
University of Bath’s Institute for Advanced Automotive Propulsion Systems (IAAPS) washas been officially unveiled. This facility, situated at the Bristol & Bath Science Park, is set to drive transformative change in the transportation industry as it leads the charge towards a net-zero future.
Toshiba is exploring an alliance to establish a supply network for iridium, a rare metal that is key to its plans to produce clean hydrogen. The company announced the move on Thursday, August 3, 2023.
Europe is at a crossroads in its pursuit of green hydrogen, a potentially transformative energy source that could revolutionize various sectors while significantly reducing carbon emissions.
Bavarian Economics and Energy Minister Hubert Aiwanger is convinced that hydrogen will play a central role in the heat transition. He recently visited the town of Hohenwart to learn about the successful start of the H2Direkt hydrogen pilot project.
HRS sees red After net allocations to depreciation and provisions of 2.6 million euros, which include 1.2 million euros of depreciation of receivables as a result of a client’s bankruptcy filing, HRS reports a current operating loss (ROC) of 6.2 million euros as opposed to 404,000 euros a year ago. The maker of hydrogen stations reports a net loss of 4.9 million euros compared to 234,000 euros a year earlier after accounting for deferred tax income of 1.3 million euros and a negative financial result. However, the company’s yearly revenue rose by 77% to 30.1 million euros, including a segment-high…
Hydrogen is evaluated as one of the next-generation eco-friendly energy sources that will replace fossil fuels along with electricity. It emits only water while driving, can dramatically reduce carbon emissions, and has a high energy density, making it effective not only in passenger cars but also in moving commercial vehicles, trains, and ships. Another advantage is that the charging time is short compared to electricity, and unlike fossil fuels, it can be mined in various areas.
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