The offer of A$2.95 per share values Spark, which owns gas and power distribution networks, at A$5.2 billion ($3.76 billion).
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The gigafactory will produce Proton Exchange Membrane (PEM) hydrogen electrolyzers built in India, with an initial production capacity of 500 MW per year and a capacity of 2 GW per year.
The project will help the government meet its goal of putting 6.2 million hydrogen vehicles on the road by 2040, including 5.9 million passenger cars, 60,000 buses, 120,000 taxis, and 120,000 trucks.
Siemens Energy and EEHC will work together to increase investment, technology transfer, and project implementation in Egypt for hydrogen production using renewable energy.
Argentina’s southern provinces have a lot of wind resources, which will be crucial in providing the clean, affordable electricity that sector participants would need to make money.
In Quintero Bay, Chile, plans have been presented for a brand-new electrolysis plant that will produce roughly 500 tonnes of…
It plans to do so by forming a joint venture with municipal governments and relevant industries.
The Sea Change, a novel watercraft fueled by two fuel cells, produces drastically diverse results.
Petrol, diesel, liquefied petroleum gas (LPG), and coal can all be replaced by hydrogen fuel. It can even power fossil-fuel-powered hydrogen generators for electrification and use.
The power system and battery of the 100 vehicles is independently developed and produced by key Chinese auto producer Great Wall’s wholly-owned subsidiary FTXT Energy.
