In order to create hydrogen-powered ships and port applications for the European market, renewable energy startup e1 Marine has signed a Memorandum of Understanding (MoU) with naval design and engineering experts NAVTEK.
Browsing: Hydrogen
The production will take place at BMW’s “pilot factory” at its Munich Research and Innovation Centre, with the vehicle expected to hit the roads in the spring of 2023. The plant employs about 900 employees who work in departments like the body shop, assembly, and concept car manufacturing.
PitchBook data reveals that the amount of private financing flowing into startups and established businesses involved in the expanding hydrogen economy has never been higher.
Shell intends to produce hydrogen using power from small nuclear power stations.
With the signing of a Memorandum of Cooperation (MoC) to encourage innovation and create a global hydrogen market, the EU and Japan have strengthened their cooperation on hydrogen.
Germany intends to build a 1,800-kilometer (1,118 miles) hydrogen energy pipeline network by 2027 with state assistance.
Fuel costs rose in 2022, increasing the government’s ambition for efficiency. As a result, many significant policies, spending pledges, and public campaigns were introduced.
The POSCO Group will make a sizable investment in Australia totaling 52 trillion won by 2040.
EDP will receive 35 million euros for its plans to convert Aboo and Soto de Ribera’s coal-fired power plants into centers for the production of renewable gas, and the consortium made up of Hunosa, Duro Felguera, Nortegas, and Alsa will receive an additional 4 million euros to produce green hydrogen using mine water in Langreo’s Fondón well.
A government and industry initiative has given £30 million to a Scottish-led project to create a large freight vehicle driven by hydrogen fuel cells.
