Plug Power and BASF have formalized a cooperation agreement that could sharpen the competitive edge of hydrogen liquefaction facilities. The partnership positions BASF’s DeOxo and Sorbead® Air technologies as key components within Plug Power’s hydrogen liquefaction plant portfolio.
Plug Power has closed the first tranche of a $525 million secured term loan facility, strengthening its financial position as it ramps up investment in its green hydrogen infrastructure. The $210 million drawdown, announced May 6, marks a significant liquidity injection and comes at a time when capital access is increasingly critical for hydrogen sector players navigating rising operational and deployment costs.
Canada’s energy storage landscape has reached a new milestone with the launch of the Oneida Energy Storage Project, the country’s largest operating battery facility at 250 MW / 1,000 MWh.
Despite record-high fossil fuel production and increased global scrutiny, methane emissions from the oil, gas, and coal sectors remain stubbornly high—exceeding 120 million tonnes annually—according to the International Energy Agency’s (IEA) Global Methane Tracker 2025.
With a $16 billion investment proposal, TotalEnergies has entered Chile’s hydrogen race with one of the largest green ammonia projects currently under environmental review in Latin America.
In what could mark a significant development in the emerging field of geologic hydrogen, HyTerra Limited has reported preliminary findings from its first exploration well in Kansas indicating air-corrected hydrogen concentrations as high as 96.1%.
With North American hydrogen project development facing rising capital intensity and inconsistent policy clarity, Charbone Hydrogen Corporation’s announcement of a…
With a target of deploying 6GW of energy storage by 2030, New York is now mobilizing $775 million to scale up both residential and retail energy storage adoption.
Hy2gen AG has raised an additional €47 million in funding from its existing shareholders. The capital injection—led by Hy24’s Clean Hydrogen Infrastructure Fund alongside Technip Energies and BenDa—comes at a critical time, as industrial sectors globally accelerate their decarbonization agendas amid intensifying climate mandates.
A seismic shift is underway in the energy industry, defined by digitalization and integration, reshaping the future landscape. As energy systems evolve, digital technology and a more unified approach are increasingly viewed as pivotal.
