Gross profit totalled DKK-10m (€-1.3m) compared with DKK -17m (€-2.28m) in 2021, and revenue rose to DKK10m (€1.3m) compared to DKK 5m (€671,860) in 2021.  By 2026, the company targets total revenue from customer contracts of more than DKK 1,200m (€161m) and ‘a positive EBITDA’.  Green Hydrogen System forecasts cashflow towards 2026 will be negative [...]

They will be the first Class 9 fuel cell electric vehicles with the automated driving system in the United States.…http://dlvr.it/SkFWMl

The Hydrogen Transport Benchmarking report states the UK currently lies in 10th place in the global HRS league. It calls for a minimum viable network of 200 >1 tonne per day capacity hydrogen refuelling stations by 2030, and publishing a national strategy to help co-ordinate the installations so viable freight corridors are created along arterial [...]

Read more: Nikola maintains momentum but losses widen The filing revealed that the hydrogen and battery-electric truck manufacturer had incurred net losses of $784.2m and $690.4m for the years ended December 31, 2022, and 2021 respectively, accumulating a deficit of around $2bn from the inception of the company. Nikola wrote, “We are an early stage [...]

ENGIE is one of the Hydrogen Council's 13 founding members. Here, Didier Holleaux, Executive Vice President, answers our questions. The post Meet the Members: ENGIE appeared first on Hydrogen Council.http://dlvr.it/SkF55R

The number of Hydrogen fuel cell passenger vehicles sold is on the rise. According to a recent study from Information…http://dlvr.it/SkF290

Under the LoI, Aramco will become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely Holding Group (Geely Holding), Geely Automobile Holdings Limited (Geely Auto HK.0175) and Renault Group. The new company will be dedicated to internal combustion and hybrid powertrain technologies. Aramco’s investment would support the growth [...]

A Hydrogen Innovation Centre and Manufacturing Facility is to be built in partnership with the city of Changzhou. Westport will make the investment over the next 10 years to enable the production of established hydrogen componentry to support China’s hydrogen-fuelled mobility targets. The facility is planned to be in operation in 2024. Under the agreement, [...]

Meet the Members: ENGIE ENGIE is one of the Hydrogen Council's 13 founding members. Here, Didier Holleaux, Executive Vice President, answers our questions. March 2, 2023 ENGIE was one of 13 founding members of the Hydrogen Council when the global CEO-led initiative was created in 2017. Why did ENGIE want to be a part of [...]

Under the Memorandum of Understanding (MoU) with the sovereign wealth fund, Marubeni will initially conduct a feasibility study for producing clean hydrogen in the Middle Eastern country. H2 View understands the organisations are carrying out the study with the aim of supplying clean hydrogen to both domestic and international markets. According to the Centre for [...]