ENGIE and Société d’Infrastructures Gazières (SIG), a CNP Assurances and Caisse des Dépôts investment vehicle, have completed the acquisition of an 11.5 percent stake in GRTgaz by SIG for €1.1 billion. With this transaction, SIG, a 25 percent shareholder in GRTgaz since 2011, now owns about 39 percent of the company, with ENGIE holding the remaining 61 percent. This transaction includes SIG selling 17.8% of Elengy in exchange for new GRTgaz shares, simplifying GRTgaz’s shareholding structure, which now owns 100% of Elengy. The closing of this transaction represents another step forward for ENGIE in the implementation of its strategic plan,…
Author: Anela Dokso
The Electric Aviation Group (EAG) and the University of Nottingham have announced their intention to form Hydrogen Hybrid Electric Propulsion Systems (H2EPS), a joint venture that will develop and commercialize superconducting and non-superconducting kW-MW class electric propulsion systems for aerospace and non-aerospace applications. H2EPS Ltd’s initial focus will be on developing and commercializing 2 Megawatt-class electric propulsion systems for future hybrid, all-electric, and hydrogen-electric aircraft applications, with the goal of speeding up the aviation industry’s decarbonisation. EAG will deliver the world’s first true zero-emissions 90-seater hydrogen hybrid-electric regional aircraft (zero CO2 and NOx emissions) (H2ERA). The key enabling technologies for…
The Inter-American Development Bank has awarded a study to KBR to assist in the development of a green hydrogen market in Trinidad and Tobago. According to the contract, KBR will conduct supply and demand dynamics for green hydrogen generation, transportation, and end use applications in Trinidad and Tobago in order to maximize opportunities for a green hydrogen economy. As part of the study, researchers will look for opportunities to develop a low carbon economy through technological innovation. Green hydrogen production and repurposing existing facilities for low-carbon hydrogen will be examined in this study. A technical implementation plan will be recommended…
The GreenH2Atlantic project in Sines, Portugal, has chosen McPhy as its preferred supplier for a 100 MW electrolysis plant. It is anticipated that the supply agreement will be finalized in the first semester of 2022, after negotiations on the terms of the agreement have concluded. Hydrogen production and application on an unprecedented scale are the goals of this project, Renewable hydrogen production in Sines will be developed by a consortium of 13 entities, including companies such as EDP, Galp, ENGIE and Bondalti; academic and research partners such as ISQ and INESC-TEC; DLR and CEA; and a public-private cluster called Axelera,…
H2U Technologies (H2U) announced the appointment of Mark McGough as President and Chief Executive Officer. McGough has a long and successful track record of commercializing new energy technologies, including the introduction of the ultracapacitor as a new class of energy storage technology as President of Maxwell’s Advanced Energy Storage business, as well as as CEO and commercialization leader of fast-growing startups such as Ioxus, Energetics, and Pentadyne Power. H2U is developing the Gramme50, the world’s lowest cost PEM electrolyzer, specifically for producing the lowest levelized cost green hydrogen, in order to scale the Hydrogen Economy. H2U’s proprietary low cost earth…
easyJet and Rolls-Royce have announced a partnership to conduct research into industry-wide sustainability solutions for commercial aircraft. The study, which will begin in January 2022 and last up to two years, will look into alternative energy and power solutions, such as low carbon and zero-emission technologies, and their application for aircraft. The research will look at broader aspects of the aviation energy and operational ecosystem, such as fuel production, transportation, storage, and handling. The airline and a world-leading engine manufacturer are collaborating to advance knowledge of these topics in relation to both electrical and hydrogen-based power systems. Both companies intend…
KDB Industrial Bank will invest in Korea’s largest liquefied hydrogen plant facility. Korea Development Bank (KDB) announced on the 21st that it would support Linde Hydrogen Energy (LHE) in the construction of the country’s largest liquefied hydrogen production plant by providing KRW 108 billion in the ‘KDB Carbon Source Spread Fund’ When the Linde Group and Hyosung Heavy Industries formed their joint venture to form Linde Hydrogen Energy, they made the decision to build a liquid hydrogen production facility. An annual capacity of 13,000 tons of liquid hydrogen will be produced at Hyosung Chemical’s Ulsan plant as part of this…
Researchers from Japan, China, and Taiwan have developed a graphene oxide (GO) membrane with embedded nanodiamonds for purifying hydrogen from water vapor, according to InScience.
In India’s largest energy conglomerate under the Ministry of Power, NTPC Limited, Bloom Energy announced that its electrolyzer and hydrogen-powered fuel cell technologies have been selected for the country’s first green hydrogen-based energy storage installation. Off-grid hydrogen energy storage and microgrid projects at strategic locations across India are being investigated as part of India’s pledge to be carbon neutral by the year 2070. For its holistic, comprehensive and efficient technology ecosystem encompassing green hydrogen production and carbon-free power, Bloom Energy (India) Private Limited was chosen. There is a good chance that the initial collaboration between NTPC and Bloom Energy India…
First-ever offshore infrastructure and processing facilities concept for hydrogen storage in offshore caverns have been developed by Tractebel and its partner companies. Using a scalable offshore platform, Tractebel Overdick GmbH can compress and store up to 1.2 million m3 of hydrogen, according to a new design study released by the company’s offshore experts. The hydrogen produced offshore will be stored and buffered in underground salt caverns before it is transported via pipeline to the onshore grid and finally to consumers and customers via the pipeline network. Despite the importance of offshore wind energy in the global energy transition, current hydrogen…