The company blamed fewer equipment sales and lower project-related revenues but acknowledged that order intake was below expectations “due to market delays.” Revenues fell from €8.3m ($8.6m) in Q4 2023 to €6.4m ($6.6m) in Q4 2024, marking a 22.9% decline. Meanwhile, EBITDA worsened, dropping from -€2.2m (-$2.3m) to -€3.5m over the same period. Last month, the refuelling firm revealed it will [...]

Held at UTAC Millbrook, HyHaul brought together UK-based operators to gain firsthand experience of hydrogen—powered heavy goods vehicles (HGVs). Rides on FAUN Zoeller and Toyota Hillux vehicles took place on Millbrook’s Hill Route. At the same time, attendees could also explore other hydrogen vehicles and infrastructure, including Viritech’s ICEBreaker and Fuel Cell Systems’ HyQube. HyHaul [...]

The European Investment Bank (EIB) announced today (February 27) that it will loan €180m ($187m) to support Galp’s hydrogen project, with an additional €250m ($260m) going towards its biofuel unit. Galp reached a final investment decision (FID) on its green hydrogen project in 2023. The electrolyser is set to begin production in 2026, delivering up [...]

Tyczka was already building a hydrogen refuelling station suitable for public transport and heavy-duty vehicles at the port. With the additional funding, they will construct a plant capable of producing up to 2.2 tonnes of green hydrogen per day once operational. The German gas specialist has stated that the hydrogen will be produced using electricity [...]

Under the partnership, the Air Water America subsidiary will integrate GenH2’s controlled storage technology into its liquid hydrogen bulk storage tanks. Liquid hydrogen is often considered one of the most effective ways to transport hydrogen due to its higher energy density compared to compressed hydrogen. Boil-off occurs when liquid hydrogen warms above -253ºC and reverts [...]

This marks the first funding allocation from the AUD $1.75bn ($1bn) FMIA Innovation Fund, introduced in last year’s Federal Budget. Grants will be awarded on merits like energy goal alignment, job creation, and economic resilience, supporting manufacturers in scaling up. While the Albanese Labor Government has indicated that the funding could support hydrogen electrolysers or [...]

The German firm will manufacture its Duraion membranes at the facility, with a focus on reinforced membranes to meet the growing demand for advanced AEM technology. Once fully online, Evonik’s Marl plant will provide membranes for 2.5GW of electrolysis capacity. However, it has not been confirmed which electrolyser OEMs the plant will supply. Reportedly, Evonik [...]

The Europe Clean Industrial Deal (CID) aims to “turn the tide” in the production of clean energy, according to the European Commission President Ursula von der Leyen. Released yesterday (February 26), the EU’s widely anticipated plan introduced key hydrogen measures to break through regulatory, financing and scaling challenges facing the industry. Read more:EU Clean Industrial [...]

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The power conversion system supplier has previously provided systems to EH2’s plants in San Jose, California and Devens, Massachusetts. Ingeteam will now supply rectifier systems that will be integrated into 100MW PEM electrolyser plants in Europe. Power conversion accounts for a significant portion of green hydrogen plant costs. Reportedly, EH2 and Ingeteam have optimised their [...]