In its Strategic Plan 2023–2027, Hiperbaric, a firm based in Burgos that develops high-pressure industrial equipment, underlines the growth of the green hydrogen market and projects that its revenue will increase by 2.5 times by 2027 to reach 158 million euros.
Everyone praises the alternative energy source as essential to a future with sustainable energy.
Mauritania, Egypt’s energy company Infinity, and Masdar of the United Arab Emirates inked a memorandum of agreement for a $34 billion green hydrogen project in the West African nation.
Uniper has chosen Plug Power to design the electrolyzer technology for its Maasvlakte site in the Port of Rotterdam.
With roughly 2.9 million euros, Lower Saxony is supporting a project to store extra solar energy in hydrogen.
In addition to additional expenditures in expanding the current facility, the Board of Directors of Agfa approved the investment in a new industrial unit for the company’s Zirfon membranes for the production of green hydrogen.
Fuel cells based on hydrogen are highly effective and energy-efficient. Because only water and electrical energy are created when hydrogen combines with oxygen, they don’t release any toxic emissions.
In the Wesel neighborhood, green hydrogen will be promoted.
Frans Timmermans, the executive vice president of the EU, and Kadri Simson, the commissioner for energy, have spoken with Saudi government representatives about expanding their partnership in the creation of clean hydrogen.
Nel, a Norwegian hydrogen firm, has raised 1.61 billion Norwegian crowns ($154.70 million) through the private placement of 108 million new shares at 14.90 crowns each, or 9% less than the stock’s closing price in Oslo.
