In Connecticut, HyAxiom, a developer and manufacturer of fuel cell and electrolyzer solutions announced the completion of a private placement of convertible preferred stock in an aggregate amount of approximately $150 million led by three Korean investment firms – Korea Investment Private Equity, KDB Investment–Hana Securities and KB Asset Management. The company intends to use […]
In the UK, ITM Power announced the award of a contract for the procurement of long lead-time materials and components required for the manufacturing of a state-of-the-art MEP30 skids for a 100MW project in Germany. The Final Investment Decision (FID) is aimed to be taken by our customer in 2023, the firm said. Dennis Schulz, […]
In Ireland, Business Plus reported that renewable energy developer Mercury Renewables has submitted an application for a $224m utility-scale integrated wind farm and green hydrogen project. The planned development would produce 4.5 million kilograms of green hydrogen per year once fully operational, according to the report. The hydrogen plan will use renewable energy from the […]
In the UK, Johnson Matthey (JM) signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China. JM and the Shanghai Jiading District announced plans to build a new catalyst coated membrane (CCM) production facility, providing CCM production capability for multiple proton exchange membrane (PEM) fuel cell applications […]
In India, Xynteo, in partnership with the SED Fund, Technip Energies and Research and Innovation Circle of Hyderabad (RICH), announce the launch of Energy Leap. Energy Leap will be an end-to-end clean hydrogen technology accelerator, which will catalyze new technologies and early to mid-stage Indian start-ups across the hydrogen value-chain to commercialize through business modeling, […]
In Australia, Energy Today reported that Western Green Energy Hub and Korea Electric Power Corporation have signed a memorandum of understanding (MoU) towards the development of a green hydrogen hub in Western Australia. Located in the Goldfields-Esperance region, the project will cover 15,000 square kilometers, using 3,000 wind turbines and 25 million solar panel modules. […]
In Ireland, RTE reported that the Government of Ireland has published the National Hydrogen Strategy. Minister for the Environment, Climate and Communications, Eamon Ryan said Ireland has the natural resources to become a “world leader” in the production of green energy, according to the report. “Hydrogen represents one of the best ways of capturing these […]
In Australia, Rio Tinto and Sumitomo Corporation announced they will build an hydrogen plant in Gladstone as part of a $75.4 million program aimed at lowering carbon emissions from the alumina refining process. The Yarwun Hydrogen Calcination Pilot Demonstration Program received the green light after a $22.4 million co-funding boost from the federal government’s Australian […]
In France, Lhyfe announced the development of a 70 MW green hydrogen plant in Perl, Saarland, Germany. Construction is scheduled to begin in the first half of 2027. The plant is planned to deliver up to 30 tons of green hydrogen per day into the pipeline of the mosaHYc hydrogen island network. Specifically, existing pipelines […]
In Japan, Japan Times reported that Yamaha is backing hydrogen as a clean and viable option for reaching carbon neutrality and will develop it as a source of fuel. President and CEO Yoshihiro Hidaka, said: “We would like to keep many possibilities to achieve carbon neutrality.” “Among Japan’s two-wheeler manufacturers, there were hardly any testing […]
