The past two weeks have seen Hydrogen Bar System (HBS) generate major waves in the world of green hydrogen, riding the crest of success at two key conferences in Europe and the Middle East.
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European Investment Bank (EIB) and Germany have announced a significant expansion of the Green Hydrogen Fund.
Equinor and Germany’s state-owned energy company, SEFE (Securing Energy for Europe), have entered into long-term gas sales agreements, signaling not only a strategic energy partnership but also a significant step toward large-scale hydrogen supplies.
Snam, the Milan-based energy infrastructure company, has launched the Modena Hydrogen Valley. This project, considered one of Italy’s first and most crucial initiatives for renewable hydrogen development, aims to support the nation’s journey towards decarbonization.
In a dramatic turn of events for the electric and hydrogen truck industry, Trevor Milton, the founder of Nikola Corporation, has been sentenced to four years in prison for misleading investors about the company’s products and technology.
Adani New Industries (ANIL), a subsidiary of Adani Enterprises, has invested a staggering $2.5 billion in developing a comprehensive backward integrated value chain for its ambitious green hydrogen project.
Greenhill Energy has officially launched a visionary $425 million initiative to establish Australia’s inaugural fully integrated processing facility.
US Department of Energy (DOE) has announced a substantial funding injection of up to $59 million. The primary goal is to accelerate the implementation of the National Clean Hydrogen Strategy, focusing on research, development, demonstration, and deployment (RDD&D) of affordable clean hydrogen technologies.
Hyundai Motor and Mubadala Investment, the sovereign wealth fund of the United Arab Emirates (UAE), have joined forces to propel initiatives in hydrogen energy, green aluminum production, eco-friendly mobility solutions, and advanced air mobility.
Topsoe, a global leader in carbon emission reduction technologies, has secured a EUR 94 million grant from the EU’s Innovation Fund for its groundbreaking Solid Oxide Electrolyzer Cells (SOEC) factory.
