Andy Marsh believes Plug Power’s recently closed $1.66bn loan guarantee from the US Department of Energy (DOE) will signify the beginning of hydrogen projects being funded like adjacent wind and solar developments. The CEO told H2 View the guarantee, which acts as a financial backstop for prospective investors, is not only important for the future [...]

In an online statement, the Norwegian electrolyser firm said the stake in the newly separated company will “strategically support it [Cavendish Hydrogen] for its long-term success.” Read more: Nel and Cavendish Hydrogen established as separate companies The statement added, “Reference is made to the filing made today by Cavendish Hydrogen calling for an Extraordinary General [...]

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Handed out through the university’s UK Hub for Research Challenges in Hydrogen and Alternative Liquid Fuels (UK HyRES), the funding is expected to support the development of hydrogen technologies in the country. “This gives UK HyRES a comprehensive base of top-tier research expertise to help answer the key questions around how we can use hydrogen [...]

Under a supply agreement with ACME Group, the Chinese electrolyser manufacturer will provide multiple sets of 1000Nm3/hr of alkaline equipment, which they expect to deliver this year. ACME has stated that the green ammonia project will begin operations in 2026, initially producing up to 300 tonnes per day of the the green hydrogen carrier. Last [...]

Donald Trump will be sworn in as US President today (January 2o), signalling his second term as President. Geopolitically, economically and environmentally, it promises to be a pivotal four years for the Republican administration. Here we assess the key issues for the US and abroad, and what they mean for the hydrogen, energy and industrial [...]

Entering its technology upscaling phase, the partnership will fund projects to achieve cost-effective green hydrogen production, develop hydrogen storage solutions or deliver reliable and scalable fuel cell systems for heavy-duty vehicles and maritime applications. Up to €80m will be allocated to the Hydrogen Valleys initiative; €40m ($41.2m) for renewable hydrogen production; €16m ($16.4m) for hydrogen [...]

The firm now expects to incur costs of DKK 215m ($29.6m) to 230m ($31.7m) after originally estimating DKK 100 ($13.8m) to 150m ($20.7m). As a result, GHS has adjusted its FY2024 guidance to DKK -485m (-$66.9m) to -500m (-$69m) increasing from DKK -300m (-$41.4m) to -400m (-$55.2m). Excluding the restructuring costs, it said EBITDA would [...]

The additional financing will help H2SITE meet its next industrialisation and commercialisation milestones, including multi-tonnes per day hydrogen production capacity in operation by 2026 and addressing ammonia cracking and natural hydrogen markets. The Bilbao-based firm has been developing membrane reactor technology since 2021, which enables hydrogen separation from gas streams and green molecules, such as [...]

The Department of Transport (DOT) and the Federal Highway Administration (FHWA) granted the funding to the Port of Houston Authority, as part of a collaboration with Linde and other players. The Bayport HRS project plans to offer high fuelling throughout with “convenient and publicly accessible fuelling options.” Linde will be responsible for the station’s design, [...]