Hedge fund D.E. Shaw has publicly called for an overhaul of Air Products’ board, limits on CAPEX and a clear CEO succession plan, criticising the firm for underperforming on shareholder returns. In a letter sent to the industrial gas giant, D.E. Shaw, which reportedly holds a $1bn share in Air Products, proposed that the company [...]

The plant is expected to have a production capacity of over 250,000 tonnes of e-SAF per year, representing the “largest” facility announced to date. Green methanol produced from green hydrogen and biogenic carbon will be imported for use as feedstock, whilst green hydrogen will also be produced locally. Advario will create a storage and logistics [...]

The H2Mobility constructed and operated station at rnv’s depot on Schlachthofstrße will support the operator’s fleet of 13 H2-eCitario hydrogen fuel cell buses, that are being acquired as part of a wider ecosystem project in the region. With both 350 and 700 bar dispensing available, trucks, buses, refuse collectors and cars will all be able [...]

The centre is anticipated to increase JM’s capacity to deliver projects for its customers across the energy sector and will help India reach its 2070 Net Zero target. Harjinder Kang, Trade Commissioner for South Asia and British Deputy High Commissioner for Western India, claimed he’s delighted to see JM strengthen its presence in India through [...]

The firm said that alongside the Irish state-owned electricity utility, it will look to formalise contractual agreements for the development of Barry Hydrogen Project by the end of 2024, with hopes of securing financing. © Hynamics It comes after ABP and px Group launched plans for a Clean Growth Hub at the port to transform [...]

The financing was led by Faber Ventures and Asiri LLC, with participation from Rumbo Ventures, City Light and Gibson Lane. 1s1 will undertake the electrolyser project with CEEE-G as part of Brazil’s Aneel P&D programme and will be supported by Brazil’s largest steel producer, CSN. The project is expected to test various capacities of the [...]

Located in the Port of Klaipeda, the station is expected to be the first of its kind in the Baltic States. Under the contract, MT Group will undertake the design, supply, installation and commissioning of the technical equipment for the station. H2 View understands that a PEM electrolyser will be supplied to produce hydrogen. The [...]

DNV forecast that global uptake of hydrogen falls far short of Paris Agreement goals, expecting hydrogen and its derivatives to make up just 0.25% of the energy mix by 2030, and 3.9% by 2050. The Energy Transition Outlook 2024 shows a decrease in its projected 2050 hydrogen usage, dropping from 5% in the previous edition, [...]

Following the completion of all legal and regulatory conditions, customary closing adjustments and receipt of OCI shareholder approval, the hydrogen producer and distributor reaffirmed its partnership with ADNOC. “I am confident that the Fertiglobe platform under ADNOC’s stewardship is firmly positioned for future value creation, driven by new decarbonisation opportunities and incremental demand for low-carbon [...]

The hydrogen combined heat and power (CHP) plant will be powered by hydrogen at RAG Austria’s Underground Sun Storage 2030 project, located in a porous reservoir in Rubensdorf, near Gampern. The facility is expected to hold up to 4.2 GWh of surplus solar power in the form of hydrogen. The electricity and heat generated at [...]