The thyssenkrupp subsidiary, a specialist in hydrogen solutions, nearly doubled its sales, attributing its success to significant projects, notably in Saudi Arabia.
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Augustus Global Investment, a prominent German firm, has unveiled plans to invest a whopping $500 million in a green hydrogen plant in Indonesia’s Aceh province.
Plastic Omnium has unveiled its ambitious plans to construct North America’s largest hydrogen storage manufacturing plant in Grand Blanc Township, Michigan.
Rheinmetall has secured a significant order for cathode and shut-off valves in the low double-digit million euro range from a prominent player in Europe’s heavy-duty transport fuel cell sector.
Monday Blitz News
Shanghai Hydrogen Propulsion Technology Co., Ltd (SHPT) and Sydrogen Energy Pte. Ltd. (Sydrogen) have recently forged a strategic partnership that could potentially reshape the landscape of fuel cell technology on a global scale. The collaboration, marked by a comprehensive agreement signed between the companies, holds significant promise for advancing the adoption of hydrogen as a clean energy source in various sectors.
Australia is set to witness an expansion of its hydrogen service station network, courtesy of a partnership between Ampol, the nation’s largest petrol retailer, and OneH2, a US-based firm specializing in alternative fuels. The collaboration announced on Monday, aims to accelerate the integration of hydrogen as a clean energy source in Australia and contribute to emissions reduction in heavy transport industries.
Hyundai Rotem is set to provide a new source of hydrogen extracted from industrial waste for their innovative ‘hydrogen trams’. This endeavor not only underscores the potential of these advanced trams but also highlights the significance of producing ‘eco-friendly hydrogen’ from otherwise challenging-to-recycle industrial waste.
As the nation sets its sights on reducing carbon emissions and transforming its energy landscape, the path to a hydrogen economy is proving to be complex.
During a recent factory tour in Gemlik, TOGG officials provided a glimpse into their plans for the future, hinting at a significant expansion of their product range. The highlight of the revelation? TOGG has begun exploring the development of hydrogen-powered vehicles.