Through Phillips 66’s Switzerland-based COOP retail joint venture, the Emerging Energy division is already supervising a few hydrogen initiatives, including plans to study hydrogen as a fuel alternative for light-duty and heavy-duty cars.
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All of these components, with the exception of petrochemicals and, most likely, other necessities, will be effectively replaced with hydrogen, according to advocates of the “new energy transition.”
Tesvolt announced the news today, estimating that the new deal will bring in EUR 40 million (USD 46.5 million) in income by 2023 for the Wittenberg-based firm. This is the company’s largest order to date, according to the company.
SKF will engage in and support research into the use of hydrogen in industrial processes and energy systems as part of the cooperation, accelerating the development of fossil-free bearing steel.
An industrial facility in Chile’s Punta Arenas region will produce almost CO2-neutral fuel (eFuel) in partnership with Porsche and Siemens…
One of Hong Kong’s largest oil and gas companies, Sinopec, is looking for ways to introduce hydrogen fuel to the…
A global organization that promotes the safe advancement of hydrogen as a next-generation fuel, the Center for Hydrogen Safety (CHS),…
Tesvolt, a maker of battery storage systems, and the Schaper Group are collaborating on a number of “green hydrogen” projects.
Ardian, via its infrastructure business, and FiveT Hydrogen, announced a partnership to create Hy24, an equally owned joint venture.
Investment is increasing in hydrogen projects to support the clean energy transition, but further efforts are needed to reduce costs and encourage wider use across sectors