Plans for a Hydrogen Hub on Anglesey have been approved, clearing the way for Wales’ first of its kind development.
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Timmermans made the announcement that €3 billion would be set aside from the upcoming large-scale request for the Innovation Fund in November to boost the hydrogen economy.
The business said that it has inked conditional senior debt agreements with the Swedish Export Credit Corporation, BNP Paribas, ING, UniCredit, Societe Generale, and KfW IPEX-Bank.
In order to create a new, sustainable hydrogen-electric powertrain that will lower airplane emissions, ZeroAvia is using Ansys modeling solutions.
The first renewable hydrogen plant in the Region of Murcia will be built by Repsol, Enagás Renovable, and Engie in Valle de Escombreras, in Cartagena.
The engineering phase of the Hydrogen Valley near Rome, which is based on NextChem’s waste to chemicals technology, has started, thanks to the MyRechemical, a subsidiary of NextChem.
TNO researchers were the first to create a process that uses 200 times less iridium while still producing electrolyzers that perform between 25% and 46% better.
In the Netherlands, the issuance of green Guarantees of Origin for hydrogen has begun. The Netherlands is the first country in Europe to use such a system.
Due to its scarcity, iridium is currently essential for electrolyzers that use the PEM (Proton Exchange Membrane) technology, which is widely used.
Trucks powered by hydrogen are predicted to become more common.