Airbus and Toshiba have joined forces to explore the future of hydrogen-powered aviation. This partnership aims to harness Toshiba’s expertise in hydrogen technology to accelerate the development of eco-friendly aircraft.
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Jinbei, a major automaker, and Farizon, known for its commitment to innovative energy solutions, have partnered to bring methanol-hydrogen vehicles to market.
HyTerra has completed a strategic investment from Fortescue Future Industries Technologies, receiving A$21.9 million.
Nel Hydrogen, a subsidiary of Norway’s Nel ASA, has signed a contract with Samsung C&T Corporation for 10 megawatts of alkaline electrolyzer equipment, valued at approximately EUR 5 million.
Thor Energy has embarked on an exciting venture with the commencement of a natural hydrogen resource assessment at its Petroleum Exploration License 120 (PEL120) site in South Australia.
Constellation Resources Limited has signed a research agreement with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to explore natural hydrogen in Western Australia.
Despite weak domestic demand, the Chinese hydrogen sector is strategically pivoting towards production to enhance its competitive position in the international market.
The global hydrogen demand rose by 2.5% in 2023, reaching 97 million tonnes. This growth is mainly in the refining and chemical sectors and relies heavily on hydrogen from fossil fuels.
The European Union is taking steps to fortify its local manufacturing sector by excluding Chinese hydrogen production equipment from its subsidy programs.
Hazer Group has received a significant financial boost with a $6.2 million grant from the Western Australian government.
