The most plentiful chemical element on the planet, hydrogen has great promise as a sustainable energy source.
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According to a recent California Air Resources Board (CARB) analysis, the state will have the capacity to fill 250,000 fuel cell electric cars (FCEVs) at 176 open-retail hydrogen fuelling stations by 2026.
“Green hydrogen” means that no carbon is emitted or a carbon footprint is left behind during the entire process of manufacturing hydrogen, according to Li. “This type of technology has a large market.”
In June 2021, the Government of Paraguay and the International Development Bank developed a roadmap for the use of green hydrogen in the country.
With the construction of a new state-of-the-art production facility in Fresno County, California, Plug Power is expanding its green hydrogen ecosystem to the West Coast.
C-Crete Technologies has signed a collaboration agreement with the United States Department of Energy to develop and market a novel class of nanoengineered materials for onsite hydrogen storage in industrial sites where it is produced as a byproduct.
However, according to a Rystad Energy report, the majority of the proposed projects would be built in places where water is scarce.
ABL Space Systems announced on Sept. 16 that the NASA Cryogenic Demonstration Mission spacecraft will be launched in 2023 on its RS1 rocket.
The company would prefer pay dividends to shareholders than invest in wind and solar power projects, which produce minimal financial returns.
Schlumberger New Energy led the round, which was joined by Saudi Aramco Energy Ventures and Stanford University, among others.