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McPhy Adjusts Revenue Amid Delays

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.

Latvia Invites Tender for Hydrogen Energy Storage Systems

Akciju sabiedrība “Latvenergo,” Latvia’s state-owned utility company, has issued a tender titled “Supply of Battery Energy Storage Systems (BESS)” related to energy storage systems that are crucial for integrating hydrogen into the energy grid.