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Green Hydrogen H2 News

Tuesday

Anela DoksoBy Anela Dokso18/07/20234 Mins Read
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Ponferrada and Ciuden create working protocol while green hydrogen projects create jobs

Marco Morala, Ponferrada’s mayor, met with Yasodhara López, CIUDEN’s director, on Tuesday to establish a working protocol and resolve legal difficulties including the transfer of the former government team’s gardens.

The mayor of Ponferrada and the CIUDEN director met on Tuesday for an institutional visit, during which Morala stressed “municipal support for any Ciuden project, especially projects that can be a revulsion for both the tourism sector and the cultural sector” and “leader the technology sector.” Second, he wanted to convey “the requirement to complete a complete project, both for infrastructures and for the definition of activity of the recently opened building,” recalling that the Ciuden was born “with a vocation for service to the energy sector,” so it is “necessary to reorient that part of the project, which has to be put at the service of the economic reactivation of Ponferrada and El Bierzo,” he said.

Finally, Morala stated that the Ministry for the Ecological Transition and the Demographic Challenge, to which the Ciuden belongs, “many ideas have been discussed, but no real project has arrived in the city and the Comarca” and that the Ciuden must play “this role of economic reactivation in Ponferrada”.


Mr Bean drives hydrogen-powered Toyota GR Yaris at Goodwood Festival of Speed

Rowan Atkinson, an English actor, comedian, and writer, demonstrated his support for alternative fuels at the recent Goodwood Festival of Speed by piloting a Toyota GR Yaris H2 that had been specially modified. Atkinson, better known as Mr. Bean and Johnny English, is a fervent advocate of internal combustion engines and is the proud owner of a number of vehicles, including a standard GR Yaris.

Atkinson revealed that the GR Yaris H2 still employs its conventional 1.6 liter turbocharged three-cylinder engine, albeit with a modified engine management system so it can run on hydrogen, in a video interview published by Toyota UK.

This is not a fuel cell car, where electricity is produced and then used to power an electric motor via a battery. Instead of using gasoline (hydrocarbon), hydrogen is burned in the combustion chamber, leaving only water vapour as a byproduct. As a result, no CO2 is produced.


Swinburne University educator Mark Taggart awarded Victorian Gas Industry Teacher of the Year

Energy Safe Victoria (ESV) has recognized Mark Taggart, a vocational instructor at Swinburne University of Technology, for his dedication to ensuring that his students are best prepared for the future of the gas business.

The honor recognizes the role that educators may play in guiding society toward a sustainable future as well as the potential of hydrogen technology for the gas business.

Through the Victorian Hydrogen Hub (VH2), which brings together researchers, commercial partners, and industry to further the adoption of the hydrogen economy through skills, training, and education, Swinburne continues to push this shift.


Hydrogen conglomerate pre-IPO investment opportunity

United H2 Limited (UHL), the world’s largest hydrogen conglomerate, is poised for considerable expansion as it prepares for a North American public listing in Q4 CY23.

Only 9 of the Company’s 37 hydrogen projects and enterprises have been valued at $22.69m by independent auditors. As it unlocks the potential of the 28 firms and projects yet to be assessed, the Company believes it can yield a considerable valuation uplift.

UHL believes its business-building strategy, which has delivered $24m in net returns for shareholders and $650m in market capitalization growth across the group with each firm starting from zero, will allow it to do this. UHL works with technical partners to create companies that advance hydrogen technologies.
UHL establishes and fosters these enterprises with these partners to generate large returns within 18-24 months. UHL plans a Q4 CY23 North American IPO to scale its proven methodology. TriPoint Capital Management, a New York advisory business, will lead the public listing, which will list on the Canadian Securities Exchange in Q4 CY23 and IPO on the NASDAQ in Q4 CY24.

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