Toyota Motor and Sumitomo Mitsui Financial Group, is joining forces with domestic investment company Advantage Partners to establish a groundbreaking fund. This fund aims to revolutionize the country’s hydrogen sector by investing in critical infrastructure related to hydrogen production and storage.
Spie, a multi-technical engineering group, has engineered a hydrogen-based energy supply system as part of a carbon-neutral pilot project for the heat treatment of cold-rolled steel strips. This project, a collaboration with Bilstein, a world-renowned manufacturer in the sector, represents a significant milestone in transitioning to a cleaner, more eco-friendly future for the steel industry.
HPS Home Power Solutions AG has recognized this need and introduced an impressive upgrade to its Picea system. The Picea 2, a hydrogen-based electricity storage solution designed for residential use, promises to be a game-changer in the world of home energy storage.
BayoTech has unveiled its BayoGaaS Hydrogen Hub in Wentzville, Missouri, which generates a substantial 350 tons of hydrogen annually.
Recently, the American Bureau of Shipping (ABS) released industry-leading requirements that provide a crucial framework for the safe and efficient transportation of hydrogen by sea. This development is a significant step towards meeting the anticipated market demand for hydrogen as a clean maritime fuel.
French hydrogen specialist HDF Energy is gearing up for a significant milestone in its quest to revolutionize green hydrogen production. The company expects to commission a factory for multi-megawatt fuel cell mass production in Bordeaux, France, in the summer of 2024.
The Trans Adriatic Pipeline (TAP) is more than just a conduit for natural gas—it’s a critical component in Europe’s pursuit of energy security, diversification, and decarbonization. As the TAP Country Representative in Greece, Ioannis Maris, aptly pointed out, this infrastructure project isn’t merely about the present; it’s about envisioning a future where clean energy takes center stage.
While startups in the United States, Australia, and Spain have already embarked on drilling projects to uncover naturally occurring hydrogen reserves, Switzerland is the latest entrant in the race, and early surveys indicate promising results on its home turf.
Green hydrogen is emerging as a transformative solution, a clean energy carrier produced through renewable energy-driven electrolysis, which splits water into hydrogen and oxygen. This innovative approach has the potential to revolutionize both energy security and climate goals.
Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, recently sat down with Andreas Matthe, CEO of Siemens Smart Infrastructure’s Electrical Products Business Unit. The meeting, attended by Mostafa El-Bagoury, CEO of Siemens Egypt, and Mohamed Badran, Head of Siemens Egypt’s LV and MV business, aimed to explore collaboration opportunities in Egypt’s electricity and renewable energy sector and potential investments.
