Author: Arnes Biogradlija

Lion Energy Limited has obtained strong commitments from knowledgeable investors and directors for $9.6 million at a price of 8 cents per ordinary share. Subject to shareholder approval, all shares will carry a 1:2 option with a strike price of 12 cents per share and a maturity date of 30 months from the date of issuance (Options). Tom Soulsby, Lion’s Executive Chairman, said “we are pleased to work with the team at Peak again to support Lion’s potential foray in the green hydrogen business in Australia. Peak brings a wealth of experience in supporting companies with green hydrogen and renewable…

According to Saudi Press Agency, the Saudi cabinet has assigned the Kingdom’s energy minister to negotiate and sign a prospective Memorandum of Understanding with China in the field of hydrogen energy, citing the cabinet’s weekly statement. Additionally, the cabinet allowed the Minister of Health to consider and sign a draft agreement with the World Economic Forum to promote prudent health care. Saudi Arabia has committed to reaching net zero emissions by 2060, without jeopardizing its status as the world’s largest oil producer, with the Crown Prince announcing a decade-long climate action investment of SR700 billion ($187 billion).

Heliogen, Inc. and Bloom Energy Corporation announced that they have combined their technologies to generate green hydrogen using Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. The demonstration, which took place in Lancaster, California, successfully created hydrogen and demonstrated the numerous benefits of merging the firms’ complementary technologies to accomplish low-cost green hydrogen generation. Heliogen’s artificial intelligence-enabled concentrated solar energy system is meant to generate carbon-free steam, power, and heat using abundant and renewable solar energy. When used in conjunction with Bloom’s patented solid oxide, high-temperature electrolyzer, hydrogen may be produced 45 percent more efficiently than with low-temperature PEM or…

President Biden signed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act into law. This Act has a number of provisions unique to hydrogen that will accelerate the deployment and investment in this new industry in the United States. “Through coordination across our broad membership, the Fuel Cell and Hydrogen Energy Association (FCHEA) has long been leading the charge working with House, Senate, and Administration officials on policies necessary to launch the American hydrogen economy,” said FCHEA President & CEO Frank Wolak. “I am thrilled by the passage of this bill, which represents the strong bipartisan support for the hydrogen…

Austria’s first off-site production plant for “green” hydrogen will be built by Energie Steiermark in Gabersdorf in southern Styria. With an investment of around 10 million euros, a new type of production plant will be realized on a 10,000 square meter site. A large-scale photovoltaic plant with a collector area of 6,000 square meters is being built and combined with the resources of an existing biogas plant. “This is another step in our comprehensive sustainability strategy. Construction will start in spring 2022, and completion is planned for the end of the year,” said the management duo Christian Purrer and Martin…

Octopus Hydrogen, Octopus Renewables, and MIRA Technology Park announced plans to develop a green refueling forecourt on-site at MIRA Technology Park that will provide hydrogen and electric vehicle charging to support the needs of the fastest growing cluster of automotive and mobility technology companies driving the mobility revolution. Octopus’s solution combines its hydrogen company, which focuses on offering green hydrogen-as-a-service to accelerate adoption, with Octopus Renewables, which will supply energy via a purpose-built 7MW ground-mounted solar array adjacent to the MTP forecourt. MTP is home to 40 global titans of the zero-carbon mobility revolution, with an increasing number focusing on…

ITM Power announced the signing of a contract for the supply of 12MW of electrolysis equipment to be installed in 2022 and recognized in the fiscal year 2022/23. Due to business sensitivity, the customer and location remain private. This project was previously included in the contracts backlog (during negotiation) and has been transferred to work in progress.

Geazone Eco-Couriers has announced the introduction of North America’s first hydrogen-fueled courier fleet. “Geazone is committed to providing a fast, reliable, affordable and sustainable delivery service with the customer in mind, and this new hydrogen-powered zero-emission fleet will help us achieve this,” says Geazone President & CEO Andrew Mitchell. “We believe all businesses can be champions of sustainability and we want to help lead this change.” Geazone Eco-Courier is a zero-emissions courier firm established in British Columbia that provides sustainable delivery, third-party logistics, and freight services to businesses around Vancouver Island and the Greater Vancouver Area. Their 40 new Toyota…

The Tasmanian Government appreciates Woodside Energy’s news today that it has acquired land in the Bell Bay area for its proposed renewable hydrogen and ammonia plant, H2TAS. Woodside Energy has indicated that this tiered project will begin with a 300 megawatt facility with an annual ammonia output target of 200,000 tonnes from renewable hydrogen. This ammonia will be produced using renewable energy in Tasmania, complementing the state’s unique status as a renewable energy self-sufficiency state with a statutory target of 200 percent by 2040. Woodside’s statement further demonstrates the Tasmanian Government’s commitment to Bell Bay becoming a renewable hydrogen hub…

Fossil fuels such as natural gas or oil must be replaced by clean energy sources such as green hydrogen if climate targets are to be met. Hydrogen plays a central role in the European Union’s multi-billion dollar “Green Deal” climate project, and the Netherlands also has high hopes for a future hydrogen economy. The geographical location of the Netherlands is contributing to the emergence of projects for large-scale hydrogen production here. In Eemshaven, Cas König from the company “Groningen Seaports”, which is responsible for the ports and industrial parks, tells of the best conditions: Natural gas has been produced in…