Electric Hydrogen, a pioneering start-up backed by billionaire investor Bill Gates, has made significant strides in the green hydrogen industry by securing a agreement with a major US utility.
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In response to the growing demand for clean fuel, Air Products and the renewable energy company AES Corp. will invest roughly $4 billion to construct the largest green hydrogen facility in the United States.
In order to work on the process as a whole, both for energy generation and potentially also for hydrogen, we are in discussions with suitable partners. since it makes sense to have integration between the two stages even for financial reasons,” the CEO said during a conference call on third-quarter results.
The deal includes assessing the viability of constructing a production and commercialization unit for up to 2 GW of H2V and up to 800,000 tons of green ammonia annually.
The AES Corporation has closed $154.2 million in non-recourse debt financing for Luna Storage, a 400-megawatt hour standalone lithium-ion battery storage project in the City of Lancaster, in…
Fluence, a Siemens and AES company, has unveiled its energy storage technology stack of the sixth generation combining factory-built hardware,…