Spanish energy giant Cepsa, in a strategic move towards bolstering its green energy initiatives, has forged a partnership with Evos, a liquid energy and chemical storage company in Europe.
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Verne received strategic funding headed by Trucks Venture Capital. Investors include existing partners, such as the Collaborative Fund and Amazon’s Climate Pledge Fund, and new partners, such as the United Airlines Ventures Sustainable Flight Fund and Newlab.
Voith HySTech GmbH, the latest venture by Voith, aims to consolidate the company’s expertise in hydrogen storage systems, particularly targeting heavy-duty vehicles.
Tokuyama, a Japanese chemicals firm, has embarked on a groundbreaking venture by commencing mass production of magnesium hydride, a compound that promises to revolutionize hydrogen storage and transport.
Finland takes a bold step forward in its hydrogen industry with the launch of the Hydrogen UnderGround (HUG) project, spearheaded by VTT, GTK, and industrial partners.
Photoncycle, a Norwegian startup, is developing a solid hydrogen-based energy storage solution that claims to surpass existing battery technologies in efficiency and economy.
Rotterdam, aiming to solidify its position as a key player in the import of sustainable energy, is set to host the largest ammonia storage tank in the Netherlands.
The FrHyGe project, aimed at validating underground hydrogen storage in salt caverns on an industrial scale, has officially been launched by a European consortium. The project, which is supported and funded by the European Union via the Clean Hydrogen Partnership, has a budget of €43M.
German firm Voith Group and China’s Weifu Hi-Tech, a subsidiary of Wuxi Industrial Group, have inked a strategic cooperation agreement. The collaboration aims to revolutionize type IV high-pressure hydrogen storage systems, paving the way for innovation, large-scale production, and global deployment of this cutting-edge technology.
Nobel laureate Professor Sir Fraser Stoddart and Professor Omar Yaghi have united to establish H2MOF, a pioneering company dedicated to advancing solid-state hydrogen storage solutions.