Author: Arnes Biogradlija

Green Hydrogen H2 News

The green hydrogen market is expected to develop at a CAGR of 58.0 percent from USD 444 million in 2021 to USD 4,373 million by 2026. The market is being driven by factors such as the declining cost of renewable energy generation across all sources, the advancement of electrolysis technologies, and increased demand from FCEVs and the power industry. Mobility accounted for 52.3 percent of the green hydrogen market’s value in 2021 and is expected to reach USD 2,535.1 million by 2026, growing at a CAGR of 61.3 percent. The power sector is forecast to increase at the second-fastest rate…

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Green Hydrogen H2 News

Fusion Fuel Green’s proposed HEVO-Sul project in Sines, Portugal, has been approved by Portugal’s Operational Program for Sustainability and Efficient Use of Resources (POSEUR). The Portuguese government has committed €40 million in direct funding to the POSEUR initiative, which aims to promote the production of green hydrogen and other renewable gases, and Fusion Fuel will receive €4.3 million for the project, which will cost a total of €8 million. The HEVO-Sul project consists of 178 HEVO-SOLAR units that will yearly generate roughly 418 tons of green hydrogen. The hydrogen will be used in a variety of ways, including injection into…

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Green Hydrogen H2 News

The money will be distributed through the UK Department of Business, Energy and Industrial Strategy (BEIS) as part of the UK Partnering for Accelerated Climate Transitions (UK Pact) program, according to the British High Commission.

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Green Hydrogen H2 News

The ROSEN Group charts a new road by establishing its own hydrogen testing capabilities in Lingen, Germany. The energy industry as a whole has recognized hydrogen’s promise as a viable substitute for fossil fuels. However, without a secure and efficient infrastructure, this hydrogen economy will fail to function. A significant portion of hydrogen transportation will occur via existing gas networks and/or newly developed hydrogen-specific pipes. The ROSEN Group is expanding its existing material testing capabilities and dedicating a separate section to the issue of hydrogen based on its many years of experience in a wide variety of material testing. Hydrogen…

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Green Hydrogen H2 News

Tsuneishi and CMB unveiled the world’s first hydrogen-powered ferry, the HydroBingo. HydroBingo was developed as a result of a joint venture between the two firms, JPNH2YDRO. The HydroBingo is the world’s first commercially available 80-passenger ferry powered by two hydrogen diesel combustion engines. This hydrogen-powered ferry is an eco-friendly vessel that emits much less CO2 and other hazardous emissions. CO2 emissions are reduced by up to 50% in comparison to a normal diesel engine. “Thanks to this strong collaboration, we have been able to build this unique vessel. It is the result of the joining of forces of two families…

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