Green Hydrogen Systems A/S, based in Kolding, Denmark, announced it would file for in-court restructuring due to unanticipated financial difficulties. The company’s Board of Directors intends to submit the petition today, March 10, 2025, in an effort to possibly maintain portions of the company’s operations amidst current market challenges. Green Hydrogen Systems has been unable to secure crucial financing, hindered by a slower market adoption of hydrogen technology and development setbacks in the X-Series electrolyser product line. These challenges have amplified the financial strain leading to the restructuring decision. The hydrogen market’s slower progress has impacted the company’s bottom line,…
Author: Anela Dokso
Toyota has realigned its focus on hydrogen fuel cell vehicles, shifting away from passenger cars to emphasize commercial vehicles. Despite its pioneering role in hydrogen technology, the Japanese automaker faces challenges in making fuel cell cars economically viable in the mainstream market. Toyota’s flagship hydrogen model, the Mirai, sold just 27,500 units globally over a decade, with only 148 units sold in Germany in 2024. The pivot towards commercial vehicles comes as the public enthusiasm for hydrogen-powered passenger cars has dwindled. Instead, Toyota is directing its efforts towards applications such as hydrogen-powered hybrid vans, with initial concept tests planned in…
The Nemaha Project is a significant undertaking by HyTerra Limited, focused on exploring natural hydrogen and helium resources in Kansas, USA. As part of a robust, staged exploration program, this initiative aims to unlock the potential of white hydrogen, a resource gaining attention for its low-carbon footprint and potential cost advantages. The exploration phase is divided into multiple stages, beginning with the Stage I program slated to commence in April 2025. This initial stage involves the drilling of two back-to-back wells, with a potential third at the discretion of the company. A notable aspect of the program is the flexibility…
The aviation industry accounts for 2.5% of global CO2 emissions. As the world grapples with the urgent need to decarbonize, the sector faces mounting pressure to innovate.
As the global push towards renewable energy intensifies, South Africa finds itself at a pivotal junction with the introduction of Tesla’s Powerwall 3 energy storage system.
The landscape of grid battery storage in the United States is poised for an unprecedented year as projections indicate a substantial increase in capacity installations.
India and France have recently signed an agreement demonstrating their commitment to collaboration in the field of small modular reactors (SMRs) and advanced modular reactors (AMRs).
Current data from the International Energy Agency indicates that buildings account for over a third of global energy consumption, with expected growth to 60% by 2050.
Research findings suggest that nanopores in certain minerals can significantly enhance hydrogen adsorption capacity due to stronger interactions with mineral surfaces.
Egypt, amidst its ambitious energy transition, is casting a significant spotlight on the development of the green hydrogen sector. Recently, Prime Minister Mustafa Madbouli’s review of the Gulf of Suez Green Hydrogen Project highlights the nation’s strategic pivot towards renewable energy sources.