Author: Anela Dokso
BBVA has joined Hy24’s two billion euro hydrogen-focused fund. Several other financial institutions have joined the Spanish firm, including Nuveen, Erafp, Groupama, Société Générale, and Norinchukin. The French maritime giant CMA CGM Group is now in the final stages of fundraising as an industrial investor. Baker Hughes, Vinci, Air Liquide, TotalEnergies, Airbus, Enagás, Axa, EDF, and Crédti Agricole are just a few of the more than fifty investors in the Clean H2 Infra Fund. A capital gain of 50 million Euros was realized by the Spanish company Enagás Renovable due to Hy24’s purchase of a 30% stake in the company…
Hydropolis United and Elkard sp z.o.o. have signed a memorandum of understanding (MoU) to create a plastic waste processing plant that will generate hydrogen, electricity, and heat. Hydrogen Utopia International (HUI) is a technology pioneer in the field of converting non-recyclable waste plastics into hydrogen, and Hydrofoils United is one of HUI’s subsidiaries. Under the terms of the MoU, Elkard and Hydropolis have committed to immediately beginning work on planning for and creating a HUI Plant. This includes, but is not limited to, locating an appropriate site, working together to seek European or national grants or subsidies for the construction…
Organizations can use CarbonModel.com, an online calculator created by Syzygy Plasmonics, to determine the levelized cost of production and the carbon intensity of hydrogen. This free, opensource calculator serves as the initial stage in the user’s journey from project conception to project implementation by allowing users to swiftly evaluate various hydrogen production methods. It streamlines early analysis of hydrogen production plants and focuses on cradle-to-gate greenhouse gas (GHG) emissions. The effects of the tax credits on project economics and viability are being aggressively sought for by new and existing hydrogen producers, users, and project developers. The official model that will…
As the future of green steel is still unknown, BHP Mitsubishi Alliance (BMA) has applied to extend the life of its high-grade 6 million t/yr Peak Downs hard coking coal mine by up to 93 years. Despite its pledge to stop all investment in its Queensland coking coal business, BHP’s commitment to using metallurgical coal in steelmaking is further solidified by the planned 93-year extension to the Peak Downs mine in Queensland. BMA is owned by BHP and Mitsubishi to a 50/50 split, with BHP serving as operator. According to BHP, the best interim solution is to use high-grade coking…
Northern Green Crane will use LOHC to improve pan-European hydrogen delivery. It will be one of Germany and the Netherlands’ first large-scale green hydrogen import projects, boosting energy security in Europe and achieving EU aims. Northern Green Crane and its associates are applying for IPCEI financing. All RHATL wave project requests have been submitted to the EU (Regional Hubs and Their Links). Northern Green Crane will be one of the first projects to import green hydrogen on an industrial scale to the Netherlands and Germany by 2026, thanks to a powerful consortium and its LOHC technology, which stores and transports…
In China, Johnson Matthey (JM) has started recycling fuel cells. The plant, which is situated in Zhangjiagang, Jiangsu Province, refines and recycles the platinum group metal content from membrane electrode assemblies (MEA), a significant element of an automotive fuel cell, from Unilia, one of the world’s top suppliers of fuel cell stack technology. MEAs are a key component of fuel cells used in automobiles. Although the initial amount of materials for refining will be minimal, JM has the capacity and flexibility to expand its facilities to satisfy the demand anticipated over the following years. Given that natural resources are few…
Australian Mines is working with the Indian Amrita Centre for Research and Development to create a hydrogen storage system that can be utilized for mining trucks and light-duty vehicles. The Queensland Sconi will generate the “world’s most sustainable, Carbon Neutral certified nickel and cobalt,” according to Australian Mines. According to the reports, scandium-magnesium alloys were being investigated as a high-performance substitute for the upcoming nickel metal hydride batteries four years ago. It is now said that solid state hydrogen metal hydride technology is being used, as opposed to the more conventional compression or liquefaction. Given that hydrogen has a liquid…
The Fraunhofer institutes and Veolia are handling the manufacture of the gas from garbage in order to have hydrogen accessible regardless of the quantity of sun and wind. The Fraunhofer Institute for Environmental, Safety and Energy Technology (Umsicht) is examining ways to produce hydrogen from garbage as part of a study. The goal is to create hydrogen in a way that is climate-neutral and unreliant on the sun or wind. Then, this environmentally friendly hydrogen can be used to power fuel cells or in the semiconductor industry. Additionally collaborating in the current study are Veolia Umweltservice Süd GmbH & Co.…
The construction appeals court of the canton of Zurich has ruled against the energy business Axpo. Residents’ appeal against the Axpo-planned hydrogen production facility in Glattfelden was successful. As was said on Monday, the project must now end immediately. According to the data, the Eglisau-Glattfelden hydropower plant’s 2.5 megawatt hydrogen production facility should have produced about 350 tons of green hydrogen annually. This would have prevented the use of almost 1.5 million liters of diesel in heavy goods traffic, according to Axpo. Despite the project’s suspension, Axpo is continuing with its aspirations to expand in the green hydrogen sector and…
The startup Universal Hydrogen, which is constructing a green hydrogen distribution and logistics network for aviation, received a strategic equity investment announcement from American Airlines. The investment supports America’s science-based goals to cut greenhouse gas (GHG) emissions by 2035 and, eventually, its promise to reach net GHG emissions-free status by 2050. With this commitment, American becomes the first U.S. airline to make two direct investments geared at the advancement of logistics for hydrogen distribution as well as hydrogen-electric powertrain technology. By using modular hydrogen capsules that are handled like cargo, Universal Hydrogen’s fuel distribution system avoids the need for additional…
