DTEK plans to install 200MW of energy storage capacity in Ukraine. This initiative comes as part of the company’s ongoing efforts to enhance the stability and flexibility of the Ukrainian power grid.
Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to collaboratively explore the development of a hydrogen network in Åland.
McPhy Energy, a French company specializing in electrolysers, has revised its revenue forecast for FY2024 due to delays and strategic changes. Initially expecting €18-22 million, McPhy now predicts revenues closer to €11 million.
A staggering challenge underlies this transition: conventional hydrogen production methods, responsible for over 800 million tons of CO₂ emissions annually, starkly contrast the clean potential hydrogen is touted for.
CaetanoBus has delivered the first 10 electric hydrogen-powered buses to EMT Madrid by late December. These buses are now ready to begin operations in the Spanish capital.
