Browsing: REGIONAL

Horizon Fuel Cell Group, renowned for its high power-density proton exchange membrane (PEM) fuel cells, is making waves in the world of sustainable energy. While their reputation is firmly established in applications like heavy vehicles, particularly within China’s booming fuel cell commercial vehicle market, a recent development has taken their capabilities to new heights.

The creation of the European Hydrogen Bank, announced a little over a year ago by Commission President Ursula von der Leyen, was a watershed moment for Europe’s hydrogen economy. On top of the important regulatory work being done to create the framework for this nascent market, we now had a much-needed support scheme administered at the European level for the continent’s first major hydrogen projects.

Japan’s Marubeni has joined forces with the UK Government in a momentous memorandum of understanding (MoU) that sets the stage for an astounding £10 billion (approximately €11.5 billion) investment in the UK’s clean energy sector over the next decade. This partnership signifies a significant step toward fulfilling the UK’s commitment to achieving net-zero greenhouse gas emissions by 2050.