According to a study released on the 2nd by the KOTRA Dallas Office of the United States, US petrochemical firms are increasing their investment to boost production in anticipation of the global hydrogen market’s rapid expansion.
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Lhyfe raised €50 million in a Series A fundraising round to assist the expansion, with SWEN Capital Partners and Banque des Territoires joining its initial backers.
With the acceleration of efforts to achieve a decarbonized society in recent years, numerous nations and regions throughout the world have stated their goal to decrease their overall greenhouse gas emissions to zero by 2050
The parties will explore collaborating on the construction of a hydrogen fleet. They’ll also talk about implementing environmentally friendly hydrogen fuel cell transportation on Sakhalin’s territory.
Dialogues are now being held with the goal of negotiating a collaboration agreement with a large manufacturer for the concept’s ongoing development, among other things.
The rising need to convert to more sustainable energy generation and usage has sparked a surge in interest in hydrogen-electric solutions in the last year.
By 2030, India wants to have 450 GW of renewable energy.
SoCalGas has successfully blended up to 20% hydrogen through a closed-loop natural gas system
GAC R&D Centers optimized the technology with a variety of advancements, starting with core hydrogen engine technology.
By early October 2021, the Company intends to submit municipal siting proposals for two more locations.
