Author: Arnes Biogradlija

The Development Bank of Wales has confirmed its backing for Llandrindod Wells-based Riversimple in a £1.5 million funding round to power consumer trials of Welsh hydrogen cars. HRH Pays a Visit Riversimple got a £580,000 investment from a syndicate of Welsh business angels led by lead investor Andrew Diplock earlier this month. The Wales Angel Co-Investment Fund, which is managed by the Development Bank of Wales, will provide match funding of £250,000. Seedrs’ crowd fundraising campaign is now fully funded, and the company has received advanced permission from HMRC for the Enterprise Investment Scheme, which provides tax incentives to qualifying…

JOGMEC, Irkutsk Oil Company (IOC), Toyo Engineering Corporation (TOYO), and ITOCHU Corporation (ITOCHU) have agreed to conduct a joint feasibility study (Phase2) of the blue ammonia value chain between eastern Siberia and Japan. This study will conduct a detailed analysis and develop a master plan for commercialization. JOGMEC launched the “Carbon Neutral Initiative” on April 1, 2021, with the goal of promoting various projects that contribute to the development of a carbon-neutral society. By maximizing the utilization of JOGMEC’s technical expertise in subsurface and surface characteristics, JOGMEC will bolster financial and technical assistance to Japanese enterprises seeking suitable locations for…

Hyundai will use the knowledge learned from these public initiatives to grow its zero emission commercial fleet business in the United States and form local relationships along the value chain.

Lily D’Ambrosio, the Minister of Energy, Environment, and Climate Change, announced two new grant programs to help the industrial sector prepare for renewable hydrogen by sponsoring a number of projects.

According to the consortium, this goal was formalized with the signing of a memorandum of understanding (MoU), which will see a feasibility study conducted into the possibility of creating the world’s first oceangoing hydrogen cruise ship.

The Challenge is an open innovation program aimed at identifying the greatest entrepreneurial, intellectual, and technological ventures in the field of hydrogen uses and technologies generated around the world.

The effort will see the duo collaborate with multiple green hydrogen customers across a number of industries, including transportation, major distilleries, and gas network operators, as part of an effort to embrace the entire green hydrogen value chain.

The study will look at the factors that will be required to enable large-scale commercial adoption, such as the amount of green ammonia needed and the transportation and storage capacity required.

E-Trucks Europe has placed a new order with Proton Motor Fuel Cell for seven more fuel cell systems.

The submissions will aid DOE’s hydrogen program in prioritizing projects that would drive clean hydrogen breakthroughs that will decrease emissions, create jobs, and help the country achieve a net-zero carbon economy by 2050.