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This agreement would make it easier to bring large-scale, carbon-free renewable generation and storage to PSE’s service territories while maintaining PSE’s commitment to uncompromised reliability, protection, and affordability.

The financing was completed as part of a series of transactions that will result in the owners of Next Hydrogen acquiring BioHep in a reverse takeover.

Hydrogen can be derived from nuclear power in two ways that are both scalable.

Plug Power and BAE Systems will partner under the agreement to provide zero-emissions powertrains to heavy-duty transit bus OEMs in North America by incorporating Plug Power’s ProGen fuel cell engines into BAE Systems’ smart electric drive systems

The RIX M2H2-Series reduces the large footprint of cryogenic liquid hydrogen storage by generating hydrogen onboard and on demand

NEOM is committed to being completely sustainable by 2030, powering itself entirely with renewable energy and emitting zero emissions

As Big Oil continues to decarbonize its energy supply over the next decades, hydrogen fuel is becoming a part of the long-term global energy transition.

Although several businesses in the aviation industry concentrate on efficiency and environmental programs, a larger issue has been on people’s minds: sustainable aircraft.

The deal covers a multi-year duration and is expected to generate revenue in excess of EUR 200 million.

This plan is part of the Group’s goal to become carbon free by the year 2050.