To plug a €2.5bn ($2.9bn) annual shortfall in the company, Bosch plans to cut as many as 13,000 jobs globally. The German engineering and technology company claimed demand for newly commercialised hydrogen technologies is failing to materialise at the pace needed. It also pointed to the collapse in diesel demand, sluggish global vehicle markets, weak [...]

European hydrogen leaders are calling on policymakers to quickly adopt a new EU strategy underpinned by regulatory simplicity and offering lead markets, or risk losing strategic advantage. In a press conference today (30 September), the heads tech manufacturers, vehicle OEMs, and energy providers said Europe was at a “geopolitical turning point” which underscored the need [...]

Representing over €300m ($352m) of investment, the electrolyser plant is expected to produce 15,000 tonnes of green hydrogen per year. Repsol is expected to use the hydrogen to decarbonise its industrial processes. Enagás Renovable holds a 25% stake in the project, adding to its portfolio of nearly 20 hydrogen projects under development in Spain. The [...]

Agfa-Gevaert has officially opened its newly expanded alkaline electrolyser membrane plant in Belgium, while urging policymakers to accelerate Europe’s green hydrogen rollout. The EU-backed plant at the speciality materials firm’s headquarters in Mortsel has been designed to manufacture enough of its Zirfon membranes to support 20GW of electrolysis annually. This is a paid article, to [...]

Launched by the Federal Ministry for Economic Affairs and Energy (BMWE), the funding will be focused mainly on small and medium-sized German enterprises (SMEs), developers, and technology suppliers that are looking to partner outside the EU and Switzerland. The funding is expected to cover two areas. Module one, led by the Economics Ministry, will support [...]

The two companies will combine electric drive with hydrogen fuel cells, collaborating on the design, engineering, integration and certification of the “H2-ready” systems for passenger, cargo, and mixed-use catamarans. Under the long-term agreement, Brittany-based Green Navy will provide vessel design, project management, and upstream expertise. Meanwhile, the Fétis Group company, Seco Marine, will act as [...]

Siemens Energy will supply the electrolysis technology, lead the engineering, procurement, and construction (EPC) consortium, and contribute its plant construction expertise, while Strabag will handle all civil works. The German technology company will oversee technical planning and supply key components, including electrolysis stacks, transformers, rectifiers, and compressors to produce hydrogen from renewable power for the [...]

The South Korean-based marine technology company will provide a fuel cell system built from six of its 2MW 2.0 modules. The system is expected to power the LR2 tanker’s propulsion, cargo handling, and onboard energy systems. The technology supply agreement comes shortly after Bureau Veritas awarded an Approval in Principle (AiP) to MISC Berhad (MISC) [...]

Under the Expression of Interest (EoI), developers are invited to propose projects for the Pudimadaka hub. NGEL will consider arrangements for land sub-lease, water supply, green hydrogen, and biogenic carbon dioxide (CO2). The green energy arm of India’s largest power generator, NTPC Limited, aims to produce 2.5 million tonnes per year of hydrogen-based chemicals, such [...]

The company said its Series B round was oversubscribed, with investor demand exceeding the shares available. New backers included Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC. They joined existing investors Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford in the funding [...]