In a recent turn of events, Plug Power witnessed a 5.6% dip in Wednesday’s trading following Morgan Stanley’s decision to downgrade its rating to Underweight from Equal Weight.
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European Union has formally designated the second southern hydrogen corridor, linking Algeria to Germany via Tunisia, Italy, and Austria, as a “Project of Common Interest.” This classification not only expedites its implementation but also opens avenues for financial support.
During the recent visit of the Belgian Royal Couple to Germany, three energy giants – Fluxys, OGE, and Wintershall Dea – inked cooperation agreement, ushering in a new era of cross-border collaboration in the realm of clean energy.
In a dynamic shift towards sustainable energy, oil and gas majors have emerged as significant players in the low-carbon hydrogen market, commanding an 8% share globally. This paradigmatic transition reflects a strategic response to the escalating demand for cleaner energy alternatives. Let’s delve into the goals, technology, potential impact, and challenges surrounding this transformative trend.
Shell and Stork have solidified their collaboration through an agreement for the Holland Hydrogen 1 Project.
Formula One (F1), the International Automobile Federation (FIA), and the newly rebranded Extreme H series have announced the establishment of a joint hydrogen working group. This strategic move aims to explore and evaluate the potential integration of hydrogen technology into the realm of motorsport, marking a pivotal moment in the evolution of racing technology.
Masdar, a global renewable energy leader, and VERBUND Green Hydrogen GmbH inked a deal at the UN’s Climate Change Conference COP28 in Dubai, that could reshape Europe’s renewable landscape.
In the quest to establish a coherent governance structure for the burgeoning hydrogen market in the European Union, negotiations are underway, with divergent views and proposed models vying for consensus.
Vallourec has introduced a groundbreaking hydrogen storage solution, marking a significant stride in the global push towards decarbonization. The unveiling of the vertical compressed hydrogen gas storage demonstrator at the Aulnoye-Aymeries plant in northern France signifies a crucial advancement in the realm of hydrogen technology.
Marelli has unveiled its maiden hydrogen fuel system, ushering in a new era for eco-mobility. This cutting-edge solution, featuring patented injectors and a sophisticated Engine Control Unit (ECU), is tailored for hydrogen engines, offering a greener alternative to traditional combustion engines by emitting zero CO2.