M announced the placement on Friday morning at 400p, a 14% reduction to its previous closing price, sending its shares down 10% to 429p.
Author: Arnes Biogradlija
Gensets powered by mtu Series 500 and Series 4000 gas engines may already run with a ten percent hydrogen gas blend. Starting in 2022, operations with a 25% hydrogen concentration will be achievable.
TECO 2030 ASA has inked a supply frame agreement with Chemgas Shipping BV, a Dutch shipowner. The agreement might result in the supply of up to 200 megawatts of total fuel cell module capacity. The modules will be put on Chemgas Shipping’s new hydrogen-powered tugboats and transport barges that will operate on Europe’s second-longest river and the longest in the European Union. These boats will be able to sail emissions-free thanks to the fuel cells. Chemgas Shipping intends to deploy TECO 2030 fuel cell modules on up to 120 transport barges and 40-60 tugboats. The precise quantity is still being…
AKKA unveiled Green&Fly, a wholly electric, hydrogen-powered concept aircraft with a novel rhombohedral wing shape. It is a zero-emission idea for regional flights, capable of carrying up to 30 passengers over a 500-kilometer range. Green&Fly is a regional mode of transport that intends to improve mobility in mid-sized cities without significant hubs. Capable of operating on runways of any length (Short Take Off Landing- STOL), it can leverage existing networks of aerodromes. This design integrates cutting-edge technologies and investigates numerous configurations in order to maximize the aircraft’s aerodynamic performance and energy consumption, hence increasing its electrification potential. Green&Fly is a…
Earlier this week, Bilfinger said that the two firms will work together to scale up green hydrogen production across Europe while also providing operators of storage facilities with engineering, procurement, construction, and maintenance services.
This was revealed on Wednesday in Moscow by Didier Holleaux, executive vice president of the company, during the Choiseul Russia business event.
Essar Oil (UK) Ltd stated that it had submitted a planning application to Cheshire West and Chester Council seeking authority to build hydrogen production plants at its Stanlow Manufacturing Complex in Ellesmere Port. The projected hydrogen plants will be a critical component of the ground-breaking ‘HyNet North West’ effort, a ground-breaking low-carbon energy initiative that will position the region at the forefront of the UK’s net-zero energy transition. The creation of two blue hydrogen production centres at Stanlow will attract £750 million in total investment and will help North West England and North East Wales develop a hydrogen economy. If permitted,…
Repsol and EDP, through its subsidiary EDP Renewables (EDPR) are partnering to assess new investment opportunities in renewable hydrogen projects across the Iberian Peninsula. The memorandum of understanding, which was signed this week at the Spanish Embassy in Lisbon by the Chief Executive Officers of the two companies, Josu Jon Imaz and Miguel Stilwell d’Andrade, marks the start of negotiations between the two parties to implement renewable energy projects in the Iberian Peninsula. The agreement identifies three further possible projects for evaluation, two in Spain and one in Portugal. One of the two EDP-led initiatives in Spain is the Aboo…
In his address at a meeting of the Russian-Finnish intergovernmental commission on economic cooperation, the minister discussed the issue.
According to the most recent research from GlobalData, Hydrogen Market of Latin America and the Caribbean, an abundance of biomass and renewable resources in the LAC area might allow for the production of green hydrogen at a cheap cost, with Chile projected to be the leading producer.