In California, Universal Hydrogen announced the appointment of Anastasiya Pasterick as its Chief Financial Officer. As CFO, Pasterick will lead all aspects of Universal Hydrogen’s finance activities, including financial planning and strategy, capital raising, investor relations, financial reporting, treasury, and compliance. The executive previously worked for more than four years at Nikola Corp., a specialist […]
In Texas, Caterpillar announced the launch of a three-year program to demonstrate an advanced hydrogen-hybrid power solution built on its new Cat C13D engine platform. Starting in the first quarter of 2024, Caterpillar will develop a transient-capable system for off-highway applications. The project will demonstrate how state-of-the-art control systems and electric-hybrid components can help hydrogen-fueled […]
In Pennsylvania, GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with GE Vernova’s power systems offerings to produce green hydrogen. The integration of GE Vernova’s power conversion technology provides Next Hydrogen water electrolyzers with direct current (DC) power sourced from renewable […]
In The Netherlands, Offshore Energy reported that the CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank. In a joint letter, the CEOs noted that today, only 4% of projects […]
In France, IEA release two interactive data tools that allow users to explore developments related to low-emissions hydrogen projects worldwide. The data tools complement the Global Hydrogen Review 2023, published in September, and the updated hydrogen production and infrastructure projects databases, which were released in October, IEA said. The first of the new data tools […]
In Canada, Canada’s Minister of Housing, Infrastructure and Communities, Sean Fraser, announced federal government support for the green energy hub that EverWind Fuels is developing in Nova Scotia. EverWind and Export Development Canada have reached an agreement in principle on terms for a $91.3 million debt facility to support the project, pending final due diligence. […]
In California, Monarch Energy said it has formed a partnership with LS Power to deploy a portfolio of green hydrogen projects throughout the United States. LS Power plans to invest up to $400 million into projects developed by Monarch as part of the newly established Clean Hydrogen Fuels, LLC platform. LS Power provided $25 […]
In the Netherlands, Eneco said it has submitted its planning application for the construction of the ‘Eneco Electrolyzer’, a green hydrogen production plant in Rotterdam’s Europoort industrial area. Eneco is working together with Mitsubishi on this project through the Eneco Diamond Hydrogen joint venture. “Producing green hydrogen is essential for a successful energy transition”, said […]
By Daren E. Daugaard, PhD, PE, Lee Enterprise Consulting Special to The Digest Since its inception over 4,000 years ago, steel has been the foundation of global modernization in building construction, transportation, and manufacturing. Steel and iron production ranks first in total global CO2 emissions at 8% and second in overall energy consumption. The industry […]
In California, Universal Hydrogen announced it has signed a Memorandum of Understanding (MoU) with Japan Airlines Co., Ltd. (JAL) and JAL Engineering Co. (JALEC) to bring hydrogen-powered flight to Japan. Rod Williams, Chief Commercial Officer of Universal Hydrogen, said: “JAL joins other major global airlines to be interested in Universal Hydrogen’s ATR retrofit conversion kit […]
