M announced the placement on Friday morning at 400p, a 14% reduction to its previous closing price, sending its shares down 10% to 429p.
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Gensets powered by mtu Series 500 and Series 4000 gas engines may already run with a ten percent hydrogen gas blend. Starting in 2022, operations with a 25% hydrogen concentration will be achievable.
Earlier this week, Bilfinger said that the two firms will work together to scale up green hydrogen production across Europe while also providing operators of storage facilities with engineering, procurement, construction, and maintenance services.
This was revealed on Wednesday in Moscow by Didier Holleaux, executive vice president of the company, during the Choiseul Russia business event.
Essar Oil (UK) Ltd stated that it had submitted a planning application to Cheshire West and Chester Council seeking authority to…
Repsol and EDP, through its subsidiary EDP Renewables (EDPR) are partnering to assess new investment opportunities in renewable hydrogen projects…
In his address at a meeting of the Russian-Finnish intergovernmental commission on economic cooperation, the minister discussed the issue.
According to the company, the system will be demonstrated in a traditional 3.5-ton panel van with a 12 m3 loading space based on the Renault Master, which is expected to have a range of up to 500 kilometers when equipped with the system, with 100 kilometers being battery-electric. Overall, the company believes that clients with high load or speed needs, as well as those who want quick refilling and charging periods, will find fuel cells in light commercial vehicles to be useful. A compact and moderate 30 kW fuel cell and four H2 tanks with a capacity of 1.5 kg each are housed in the roof area of the vehicle, which is based on a battery-electric 3.1-ton Master E-Tech with a 57 kW electric motor, which is available as both a box and chassis, as well as a 33 kWh lithium-ion battery (3.7 kW AC charger).
In the next years, the province of Groningen will develop into a hub for the hydrogen economy, and it is critical that there is an adequate number of qualified employees in place to support this development.
According to the International Renewable Energy Agency (IRENA), renewable fuels should account for at least 70% of the sector’s energy mix by 2050.
