Go Metals, a company focused on advancing exploration for critical metals, is expanding its reach with the initiation of new hydrogen exploration projects.
HD Hyundai’s shipbuilding arm, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), achieved a crucial approval for their vacuum insulation system designed for liquefied hydrogen storage tanks.
Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to collaboratively explore the development of a hydrogen network in Åland.
McPhy Energy, a French company specializing in electrolysers, has revised its revenue forecast for FY2024 due to delays and strategic changes. Initially expecting €18-22 million, McPhy now predicts revenues closer to €11 million.
A staggering challenge underlies this transition: conventional hydrogen production methods, responsible for over 800 million tons of CO₂ emissions annually, starkly contrast the clean potential hydrogen is touted for.
CaetanoBus has delivered the first 10 electric hydrogen-powered buses to EMT Madrid by late December. These buses are now ready to begin operations in the Spanish capital.
According to Wood Mackenzie, 2025 is set to be a pivotal year for the low-carbon hydrogen and ammonia sectors, following modest progress in the previous year.
