Author: Arnes Biogradlija

Global platinum stockpiles are unlikely to be sufficient to fulfill demand. The predicted deficit in 2021 has been boosted by events in the third quarter, including “V-shaped recoveries in the automobile sectors, pandemic-related concerns increasing demand for investments in precious metals, and substantially decreased supplies.”

To decarbonize the utility, transportation, and industrial sectors, the partners will identify, develop, and deploy projects that combine Mitsubishi Power’s power generation and hydrogen technology with DT Midstream’s energy infrastructure development and operating capabilities.

Forrest, whose iron ore business Fortescue Metals Group (FMG) is aiming to be carbon-neutral by 2030, is a big proponent of green hydrogen, a zero-carbon fuel produced by electrolysis with renewable energy to split water into hydrogen and oxygen.

With the award, CP will be able to expand the project’s hydrogen locomotive conversions from one to three, as well as add hydrogen production and fuelling facilities.

Ole Vesterbk has been appointed Chief Financial Officer (CFO) and part of the Executive Management Group of Green Hydrogen Systems. Ole Vesterbk joins Green Hydrogen Systems with an exceptional track record in finance, having served as CFO of Danish Crown’s largest division, Danish Crown Pork. Ole Vesterbk previously held key positions at Ecco, Lantmännen, and Velux and has vast expertise planning, establishing, and managing effective financial organizations in a manufacturing and production environment. Ole’s leadership profile was developed by his effective leadership of culturally diverse organizations in Europe, the United States, and Asia. Thyge Boserup, Chairman of Green Hydrogen Systems,…

Axion Ventures Inc. has entered into a Definitive Agreement dated October 27, 2021 to buy a 50% partnership investment in H2CI KuniUmi Asia, Inc. (“Hydrogen Investee Co”), a revolutionary business positioned to address one of the world’s most pressing issues – global decarbonization. Hydrogen Investee Co has the unique perpetual commercialization rights to a proven and patented Canadian technology for economically refining green hydrogen at scale, with commercial extraction activities beginning in Quebec, Canada, in the first quarter of 2022. The Company is acquiring the share from KUAM (Hong Kong) Investment 02 Ltd. on a favorable basis in exchange for…

Southern Star Central Gas Pipeline, Inc. (Southern Star), a United States-based interstate natural gas pipeline company, and Cooper Machinery Services (Cooper), an Arcline Investment Management portfolio company, signed a memorandum of understanding (MOU) to initiate a joint hydrogen research project aimed at converting Southern Star’s fleet of gas-fired reciprocating integral engines to hybrid gas-hydrogen engines. This enterprise will be a pioneer in hydrogen development, laying the groundwork for future hydrogen expansion in the gas compression industry. Cooper and Southern Star will begin modifying a Cooper-Bessemer GMVH-12 compressor station in Hugoton, Kansas in Q1 2022 to run on a mixture of…

Natural gas for hydrogen generation for car charging is set at 14.1 won, according to the Ministry of Industry on the 31st, which is roughly 25% less than the raw material cost of natural gas for transportation. From November 2021, the cut-off period is three years. The green hydrogen diffusion rate is used to determine whether or not to extend.

Ulsan City sponsored a hydrogen vessel test drive event at Jangsaengpo Small Ship Pier in Nam-gu, Ulsan Mayor Song Cheol-ho participated in a test run in which he boarded a hydrogen ship and drove it from a tiny ship dock to a coal pier on the Taehwa River’s boundary.

Asturias will pursue research on using renewables to create, store, and utilise low-emission green hydrogen. It is part of a nationwide program in which the CSIC collaborates with eight other communities and is funded by European funding as well as contributions from the communities themselves.