Browsing: Europe

The Nordic Investment Bank (NIB) has made a strategic move to support Norway’s clean energy transformation by signing a seven-year loan agreement with Varanger Kraft, a prominent Norwegian utility company. This partnership aims to facilitate the upgrade of Varanger Kraft’s hydrogen facility for commercial operations and the enhancement of the electricity distribution network in Norway’s Varanger region.

Plug Power Inc., a pioneering force in the green energy sector, is set to redefine the hydrogen landscape with a series of groundbreaking initiatives. The company is actively engaged in the development of three green hydrogen production plants in Finland, representing some of the most substantial green hydrogen investments in Europe. These plants are poised to produce a remarkable 850 tons of green hydrogen per day by the year 2025.

Daimler Truck, a pioneer in the transportation industry, has achieved a remarkable feat that signals a bright future for green, hydrogen-powered long-haul road transportation. The company’s Mercedes-Benz GenH2 Truck, equipped with cutting-edge hydrogen fuel-cell technology, recently completed a historic ‘HydrogenRecordRun,’ covering a distance of 1,047 kilometers (approximately 650 miles) on a single fill of liquid hydrogen.

HH2E, or Hydrogen Hub and Energy, is making headlines with its strategic approach to turning intermittent solar and wind energy into a stable flow of carbon-free hydrogen, heat, and electricity. At the heart of their innovative strategy lies a significant partnership with BASF Stationary Energy Storage GmbH (BSES) and the adoption of high-capacity Sodium Sulfur batteries (NAS® Batteries).