Hyundai Motor Group has teamed with express bus firm Kumho Express to further develop South Korea’s hydrogen mobility ecosystem. Kumho Express announced in a regulatory filing that Hyundai Motor and Kia, both subsidiaries of Hyundai Motor Group, will purchase 15 billion won ($13 million) in new shares issued by the company in a private placement. They will invest 9 billion won (9 billion won) and 6 billion won (6 billion won), respectively. This is the first time the South Korean automobile group has invested in a local transportation company. The cooperation with Kumho Express is intended to enable the company…
Author: Arnes Biogradlija
The Wielkopolska Region, its mayors, academics, and business leaders are working together to bring forth a hydrogen-based future. A Letter of Intent declaring the wish to construct a Wielkopolska Hydrogen Valley was signed officially last week at the Wielkopolska Region’s Marshal’s Office in Pozna. Solaris was one of the document’s signatories. At the Marshal’s Office of the Wielkopolska Region in Pozna, a document confirming a desire to collaborate on the development of the Wielkopolska Hydrogen Valley was signed in early July. The Wielkopolska Region’s authorities, led by Marek Woniak, Marshal of the Region, and Jacek Bogusawski, member of the Wielkopolska…
According to Oleksiy Ryabchyn, Advisor to the Naftogaz CEO on low-carbon business growth and the EU Green Deal, implementing hydrogen projects in the long run will contribute to the decarbonisation of the Ukrainian economy’s export-oriented industries. “We are talking about the possibility of hydrogen production in Ukraine for export, or processing into “green” ammonia. The latter can be transported to the EU or used in the domestic market by agricultural companies to meet the high environmental criteria of EU premium markets. We can also talk about metallurgy, which faces the challenge of carbon footprint reduction in tighter climate regulations,” he…
Air Products Canada has renewed its commitment to hydrogen by becoming an Executive Member of the Canadian Hydrogen and Fuel Cell Association (CHFCA). The industrial gas giant has over 50 years of experience with hydrogen, and its technologies are being employed in over 1.5 million hydrogen refueling operations each year across 20 nations. With a focus on Canada, Air Products has unveiled the first phase of a multibillion-dollar proposal to develop a groundbreaking new net-zero hydrogen energy complex in Edmonton, Alberta, Canada. As a CHFCA member, the corporation will continue to support Canada’s hydrogen aspirations. Eric Guter, Vice-President of Hydrogen…
This will be the first green hydrogen unit in the country. Previously, plans to manufacture ‘grey hydrogen’ from fossil fuels like natural gas were announced.
This includes hydrogen’s role in promoting rapid and enhanced renewable energy deployment by allowing large-scale renewable energy storage and distribution.
The Japanese government has established a target of carbon neutrality by 2050, with a goal of supplying more than 420 000 tpy of clean hydrogen.
The two formalized their ambitions by signing a Memorandum of Understanding (MoU), through which they want to get the funding needed to scale up hydrogen car production.
The concept of a hydrogen-centered Smart Sister City relationship was first proposed at a luncheon with the Consul General of Japan in Los Angeles, Akira Muto, and the Mayor of Lancaster, Rex Parris, in July of 2020.
The two companies’ partnership offers a complete solution for making renewable hydrogen-powered trains a reality.