Author: Anela Dokso

The Swiss company Destinus plans to create a supersonic aircraft that would one day travel at nearly 20,000 km/h in the highest layers of the atmosphere, fuelled by green hydrogen. This aircraft would be able to transport important cargo halfway around the world in just one and a half hours. Destinus is developing a “hyperplane” that will fly without pilots at speeds of up to 18,500 kph at an altitude of about 60 kilometers. After the invention of the jet engine and the first passenger aircraft using this novel kind of propulsion, the aviation industry experienced a golden period marked…

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ThyssenKrupp has given permission for the largest steelmaking facility in Germany to replace its blast furnaces with low-carbon technology. ThyssenKrupp’s investment allows for the ongoing use of iron ore suitable for blast furnaces rather than requiring the use of expensive direct reduction (DR) ore. Following the company’s €2 billion investment decision, the first of four blast furnaces will be replaced by a direct reduced iron (DRI) unit that reduces iron ore using hydrogen rather than metallurgical coal. When the first facility, which will be larger than expected, opens in 2026, the three remaining blast furnaces will be replaced. More scrap…

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For its non-renounceable rights offer to finance investments in clean hydrogen as well as oil and gas exploration and production, BPH has received applications totaling $1.83 million. Applications were submitted for the issuance of one share priced at 1.3c for every 25 shares owned, including the shortfall offer. For each subscriber to shares, investors received a free attaching option with a 3c exercise price and a 30 September 2024 expiration date. The rights issue and $1.5 million share placement’s proceeds will be utilized to further invest in clean hydrogen technologies as well as to explore and develop the company’s oil…

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The investigation being carried out by the University of Michigan researchers indicates that one of the areas in which hydrogen has the greatest potential is medium- and heavy-duty trucks traveling interstate roads. The report’s release coincides with a collaboration between Michigan and six other states in the US Midwest to hasten the growth of an H2 economy, encompassing the fuel’s clean production, storage, transportation, and distribution. The coalition of states will cooperate to take the lead in providing fuel for hydrogen transportation. The states also want to set up one or more H2 hubs for further energy production for domestic…

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Following their merger, EC20 and Opergy will focus on hydrogen and renewable energy solutions in the UK under the Opergy Group name. The move, which is a component of the Opergy Group’s defined growth strategy, strengthens its aspirations in the hydrogen, wind, and nuclear industries. While EC20 specializes on working with developers to connect them with supply chain companies currently active in the UK, Opergy assists businesses with industry insights and solutions and works with energy supply chains, developers, and organizations. Along with Johnathan Renyolds, managing director, Kim Duffy, finance director, and Martin Dronfield, commercial director, Isla Robb, currently a…

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