Ministry of Economic Affairs and Employment in Finland has allocated an energy investment aid of EUR 1.96 million to Neste. The funding is earmarked for the implementation of a visionary green hydrogen production project at the Porvoo refinery.
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HevenDrones, a trailblazer in harnessing hydrogen fuel for drone power, showcased its cutting-edge H2D200 Series at the Monaco Hydrogen Forum, setting a new standard in the drone industry.
ZeroAvia has concluded its Series C funding round, amassing a total of $116 million. This funding, with key participation from the UK Infrastructure Bank, Airbus, Barclays Sustainable Impact Capital, and NEOM Investment Fund (NIF), positions ZeroAvia at the forefront of clean propulsion technology for larger aircraft.
Burgos, a city with a vision for spearheading the green hydrogen revolution, is rallying against the current trajectory of the Spanish H2 Trunk Network.
TECO 2030 has successfully injected hydrogen into its 400 kW fuel cell system, marking a significant milestone in the deployment of hydrogen-powered marine vessels and heavy-duty equipment. The company aims to introduce the first operational system by the first half of 2024.
BASF, in collaboration with Siemens Energy, has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action and the State of Rhineland-Palatinate. The funds will propel the construction of a proton exchange membrane electrolyzer, marking a substantial leap in the Hy4Chem-EI project at the Ludwigshafen site.
Sparc Hydrogen, a joint venture between the University of Adelaide, Fortescue, and Sparc Technologies Limited, has achieved a significant milestone in the development of green hydrogen.
In the ever-evolving landscape of clean energy, a verbal joust between two industry heavyweights has taken center stage. Australian mining billionaire Andrew Forrest, CEO of Fortescue Metals, recently addressed his differences with Elon Musk, the iconic chief of Tesla, shedding light on the contentious debate between hydrogen and electric batteries.
H2SITE, a Spanish hydrogen transport solutions provider, has made a significant breakthrough in maritime decarbonization by successfully commissioning the world’s first on-board ammonia cracking system. This system generates high-purity hydrogen coupled with a PEM fuel cell, providing clean energy for the ship’s auxiliary consumptions.
Serbia has captured the interest of two major Chinese companies, Zijin Mining and Shanghai Fengling Renewable, signaling a potential transformation in the country’s energy landscape.
