Author: Anela Dokso

Friday

Victory Clean Energy to purchase Proton Power’s CHyP Engine A legally binding term sheet to purchase Proton Power’s Cellulose to Hydrogen Power (CHyP Engine) system has been signed by Victory Clean Energy, a pioneer in the green hydrogen industry. With this method, garbage and biomass may be converted into cheap hydrogen. Comparing the new technology to classic electrolysis, Victory anticipates a 50% reduction in variable operating expenses. Victory will be able to scale up hydrogen production in response to demand thanks to the modular CHyP engine, which will eliminate the need for transportation and storage. Furthermore, the technique uses very…

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hydrogen

Enagás Renovable and Verbund Green Hydrogen GmbH have recently signed a memorandum of understanding (MoU) aimed at advancing large-scale green hydrogen production and transport from Spain to Central Europe. The partnership focuses on developing expansive green hydrogen projects in regions of Spain rich in wind and solar resources. This initiative aims to achieve high-volume production of renewable hydrogen at competitive costs, leveraging Spain’s industrial capabilities and renewable energy infrastructure. Hydrogen produced under this initiative will be transported to Central Europe through the H2Med hydro-pipeline, in which Enagás is involved, and the European Hydrogen Backbone Network expected to be operational by…

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green hydrogen

Protonas, a startup specializing in low-cost PEM hydrogen fuel cell solutions, has recently secured seed funding to establish a manufacturing unit near Chennai, India. This move underscores their strategic ambition to capitalize on the emerging hydrogen economy, focusing on backup power solutions in North America and fuel cell applications in Asian markets. Led by Transition VC and undisclosed venture funds, the recent seed funding will enable Protonas to kickstart manufacturing operations in Chennai and develop prototype systems. The startup, headquartered in Tennessee with a subsidiary in Chennai, aims to leverage this investment to penetrate diverse markets, emphasizing applications in 3-wheeler…

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