The India National Hydrogen Mission has set a target of 5 million metric tonnes of green hydrogen by 2030 but H.E. Hardeep Singh Puri, Minister of Petroleum and Natural Gas, Government of India, said he thinks India “will do much better than that.” “I believe there will be such a shift to green hydrogen and [...]

Last month, parent company GTT Group announced it was conducting a strategic review of its subsidiary. It has now been revealed that the gigafactory construction will be suspended, and up to 110 positions at the company could be eliminated. Read more: GTT announces ‘strategic review’ of French electrolyser subsidiary Elogen A statement released by GTT [...]

The aircraft maker announced its ZEROe hydrogen programme in 2020 when it revealed three concept designs. It also revealed plans to test different types of hydrogen propulsion and fuel storage systems on a modified A-380. Championed by CEO Guillaume Faury, the company intended to bring a commercial aircraft into service by 2035. Airbus has not [...]

The Ministry for Ecological Transition has said the 16 projects will share €1.2bn of the NextGenEU funds, which will be awarded in March. According to the subsidy ruling, projects must feature an electrolyser capacity of at least 100MW, with up to 60% of the green hydrogen output secured through pre-contract offtake agreements. Local reports have [...]

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As part of the Future Made in Australia (FMIA) Bill, the 10-year tax credit will be available for green hydrogen producers between 2027/28 and 2039/40, aimed at bridging the cost with fossil fuels. Passage through the Senate will allow the Australian Government to implement the act and create the hydrogen production incentives. Under the proposed [...]

Former DS Smith finance boss Richard Pike has already started in a CFO ‘Designate’ role and will work alongside the firm’s existing CFO Stephen Oxley until March 31 to ensure an “orderly transition.” Pike’s financial experience is expected to support JM’s transformation strategy, focused on cash generation, higher returns on capital and sustainable shareholder value. [...]

Located at its Jubilee Campus, the lab will research high-power testing of propulsion systems for the transport industry. It will be connected to the “megawatt-class” testing facilities and “world-leading” researchers of the adjacent Power Electronics and Machines Centre (PEMC). It will feature cryogenic test capabilities and environmental chambers suitable for altitude testing while enabling the [...]

The challenges facing hydrogen technology manufacturers have been mounting in the past two years. Projects are being delayed and scrapped, financing options are dwindling, and appetites are waning. This phase has consequently seen a growing number of companies take drastic steps to survive – divestments, job cuts, and reductions in manufacturing capacity. This is a [...]

Gas Vessel Production’s (GVP) single large tank approach can offer 40% cost reductions compared with traditional compressed hydrogen transport methods. Speaking on an H2 View webinar today, Oksana Pilatova, Co-founder & CEO at GVP Group, said the European company can offer a “game-changing” solution with its high-pressure tank, which she said is the largest in [...]