As the urgency to decarbonize intensifies, the European Union (EU) is set to roll out a distinctive financing experiment, a pilot auction commencing on November 23. This groundbreaking initiative seeks to create a dynamic marketplace for renewable hydrogen by aligning producers and users through a competitive bidding process.
The International Energy Agency (IEA) outlines an ambitious vision, estimating that global hydrogen consumption must surge to 150 million tonnes by 2030, a substantial increase from the current 95 million tonnes in 2022.
The European Commission’s ambitious plan for a €1 billion green hydrogen and raw materials partnership with Namibia is facing uncertainty as the southern African nation refrained from signing the multicountry “Samoa Agreement.”
Hylane, a subsidiary of DEVK Versicherungen, and Quantron AG join forces to usher in a new era of emission-free last-mile transport. With a shared commitment to innovative and climate-friendly mobility solutions, the collaboration introduces hydrogen-electric vans, specifically designed for last-mile operations, in a pioneering pay-per-use model.
Sunfire has officially started the construction of its research and development center in Dresden. With a hefty investment of around 30 million euros earmarked for the company’s headquarters, Sunfire is set to propel the development of cutting-edge electrolyzer prototypes, aiming to redefine the landscape of green hydrogen production.
In a study conducted by researchers at Harvard Business School and the University of Mannheim, hydrogen emerges as a transformative force capable of accelerating the global energy transition. The study delves into the challenges, progress, and potential impact of hydrogen technology, shedding light on the promising future of this clean energy source.
Eesti Energia, the Estonian state-owned energy company, is charting an ambitious course toward embracing green hydrogen as a linchpin in its future energy endeavors. Despite facing challenges such as high current prices and infrastructure development, the company envisions a pivotal role for hydrogen, particularly in propelling the growth of its chemical industry.
Speedy Hire and AFC Energy have announced the formation of a joint venture, Speedy Hydrogen Solutions, dedicated to providing hydrogen-powered generators for the UK and Irish construction trade. The venture marks a strategic step in addressing the increasing demand for eco-friendly and off-grid temporary power solutions in the construction industry.
The decision to purchase 25 hydrogen buses in the Friuli Venezia Giulia (FVG) Region has sparked a wave of skepticism, with councilors Giulia Massolino, Massimo Moretuzzo, and Marco Putto expressing serious reservations.
Panasonic has unveiled plans to invest approximately €130 million in a transformative project at its Panasonic Manufacturing UK plant in Cardiff.
