PowerTap Hydrogen Capital makes new appointments
Margarito Rodriguez has been hired as PowerTap Hydrogen Capital’s chief financial officer, while Byron Berry and John Zorbas have been added to the board of directors with immediate effect.
Rodriguez is a California CPA with over 13 years of expertise in public accounting, according to the corporation, and most recently served as CFO at its subsidiary PowerTap Hydrogen Fueling Corp. He has experience in a variety of industries, including consumer goods, energy, transportation/logistics, and financial reporting.
In contrast, Berry has over 25 years of expertise working with, financing, and advising technology firms. The premier investment banker with extensive experience in the capital markets, from seed-stage financings to multi-billion M&A transactions and financings, he was Canada’s top-ranked Software Technology Analyst, according to the firm.
Theo Van Der Linde, Brendan Purdy, and Joel Dumaresq, the company’s CFO, also tendered their resignations.
CJPT trials hydrogen fuel cell bus in Kyushu
Fukuoka Prefecture, Kyushu Railway Company (JR Kyushu), Commercial Japan Partnership Technologies Corporation (CJPT), and Toyota Motor announced their agreement to work together on trials of a small hydrogen fuel cell electric bus on a new bus route that will be introduced in the Kyushu region later this year.
With the intention of bringing “fuel-cell mobility to local transportation,” the bus trials would be the first implementation of a recent agreement between the three parties and take place this summer on a new route on the Hitahikosan Line Bus Rapid Transit (BRT) system.
The trials were anticipated to be the beginning of a commercial bus service that would utilize small, next-generation fuel cell buses. They are designed, in particular, to increase understanding of hydrogen as a potential source of energy and to confirm the viability of implementing fuel cell transportation.
H2GO Power and Baxi partner on decarbonized hydrogen boiler for commercial use
The goal of the partnership between H2GO Power and Baxi is to produce the first 100% decarbonized hydrogen boiler for commercial use.
A number of industries, including cement, glass, ceramics, chemical, food & beverage, paper & pulp, and more, will have their heating processes decarbonized by the solution. 85% of UK houses and about 705,000 dwellings in Ireland now rely on the natural gas grid for heating, which has proven to be a challenging and expensive goal to reach thus far.
In the most recent collaboration, Northern Gas Networks (NGN) will host an upcoming large-scale demonstration to evaluate a novel carbon-neutral heating solution called heat-in-a-box, which is designed to provide heat for gas pre-heating in a secure and environmentally friendly way.
Pre-heating is a crucial component in gas distribution. The pressure of the gas must be lowered before it can be delivered through the network to residences and commercial buildings. Pre-heating is done to prevent the gas from freezing because this method could otherwise cause it to do so. Traditional pre-heaters are very expensive and energy-intensive. Additionally, the demand for heat accounts for 40% of all global emissions and is three times greater than the need for power.
For applications requiring a large volume of supply, Heat-in-the-Box will significantly reduce the cost of supply delivery while lowering the cost of pre-heating.
Kerala to develop green hydrogen hubs at Trivandrum and Kochi
The development of green hydrogen centers in Trivandrum and Kochi will cost Rs 200 crore, according to a plan unveiled by the Keralan government.
By 2040, Kerala wants to be completely dependent on renewable energy, and by 2050, it wants to be carbon-neutral.
The Minister also disclosed that a brand-new Energy Park would be built to take advantage of the potential for generating electricity from renewable sources. An industrial park that produces EV batteries and related equipment is allocated Rs 10 crore.
Posiedon Marine H2’s technology demonstrated digitally by independent consultant
Posiedon Marine H2’s ground-breaking technology, which will enable boats to run off different fuels, including hydrogen and diesel, has been demonstrated digitally by an independent consultant.
Avesta Consulting was hired by Dynamic Efficiency, the Company’s technical partner, to carry out a finite element analysis. This analysis produced a computerized model that anticipated how the technology would respond to hydrodynamic loads, impact forces, and other real-world physical impacts.
The outcomes have given Poseidon Marine H2’s design independent third-party confirmation, proving Dynamic Efficiency’s technology will enhance a boat’s overall performance.
be more efficient than conventional engines, which will result in lower operating costs.
The company will be able to negotiate offtake agreements with major boat manufacturers using the finite element analysis report to obtain insurance certification from Bureau Veritas.
Following certification, Poseidon Marine H2 will start construction on its prototype ship with assistance from its strategic alliance with Griffith University.