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Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.
Universal Hydrogen closed a $62-million new funding round; the oversubscribed round was completed less than six months after the company’s Series A ( earlier post ), bringing total raised to $85 million. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.
Universal Hydrogen announced $20.5-million Founded in 2020 by aviation industry veterans Paul Eremenko, John-Paul Clarke, Jason Chua, and Jon Gordon, Universal Hydrogen is stitching together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes.
Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.
The Hydrogen Education Foundation announced the 11 th annual Hydrogen Student Design Contest, which will challenge student teams to develop business and financing models for hydrogen fueling stations. In previous years, teams have designed fueling stations, airport systems, and green buildings—all using hydrogen.
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.
The loan guarantee will help finance construction of the largest clean hydrogen storage facility in the world, capable of providing long-term low-cost, seasonal energy storage, furthering grid stability. The US Department of Energy (DOE) closed on a $504.4-million Rendering of Advanced Clean Energy Storage salt cavern.
Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will supply a fleet of 27 passenger fuel cell trains—currently, the world’s largest such.
Since 2017, Proton Motor Fuel Cell GmbH has been working with Aumann AG as part of the larger EU program “ Fit-4-AMandA ” (Fit for Automatic Manufacturing and Assembly) on hydrogen fuel cell stack production with financing from the agency FCH JU (Fuel Cells and Hydrogen Joint Undertaking).
RWE's FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108-million grant from the EU’s Innovation Fund. The plant is expected to produce 54,000 tonnes of hydrogen per year. A final investment decision is to be made in 2024.
TECO 2030 ( earlier post ) is aiming to establish Norway’s first large-scale production of fuel cells, optimized to be the heart of hydrogen-powered ships and other heavy-duty installations. This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. gigawatt, per year.
In June, Renault Group and Plug Power launched their hydrogen fuel cell and infrastructure joint venture HYVIA. Assembly of fuel cells and hydrogen refueling stations begins at Renault’s Flins factory in late 2021. These vehicles are built on a Dual Power architecture: powered by both electrical and hydrogen-based energy.
The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. This means that hydrogen or hydrogen derivatives are bought cheaply on the world market and sold at the highest bid in the EU.
German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.
As part of the agreement the partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. MONTE and ZeroAvia aim to retrofit the aircraft for clients starting in 2024 and will provide and finance maintenance and hydrogen availability services to support these operations.
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
kWh/kg hydrogen (vs. With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. 2 and 85 °C of only 1.51 kWh/kg in commercial electrolysis cells).
The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Category 2: Hydrogen distributors. Category 3: Hydrogen producers.
The Australian Government has established funding to support hydrogen-powered projects. The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance. —CEFC CEO Ian Learmonth.
Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Project VGV uses surplus electricity generated by renewable and nuclear sources to produce hydrogen via electrolysis. Click to enlarge.
Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.
Proton ceramic electrochemical reactors can extract pure hydrogen from gas mixtures by electrolytically pumping protons across the membrane at 800 °C. Counterflowing streams balanced heat flows and maintained stable operating conditions that enabled 99% efficiency of hydrogen recovery. Figure courtesy of CoorsTek Membrane Sciences.
ZeroAvia is launching the development program for a 2MW hydrogen-electric powertrain for full-size regional aircraft. Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The program kick-off is supported by a new raise of $24.3
China National Petroleum Corporation (CNPC) recently put its first hydrogen station in Beijing into operation. Foton), the hydrogen station covers an area of about 1,700 square meters in Changping District. With a daily refueling capacity of 600 kg, it can serve 50-60 hydrogen fuel cell buses per day.
Separately, Italian railway operators Azienda Regionale Sarda Trasporti (ARST) and Ferrovie della Calabria (FdC) awarded Stadler two framework agreements for the supply and maintenance of 10 hydrogen trains for ARST in Sardinia and 15 similar vehicles for FdC in Calabria.
Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. As the gases exit the catalyst-bed chamber, the molecules bind into a very high quality hydrogen-rich biosyngas free of tar, soot and heavy metals. This is game-changing technology. —Lancaster Mayor R. Rex Parris.
Green hydrogen from the new plant will power a direct reduced iron (DRI) furnace with a capacity to produce around 2 million tonnes per year of pure pig iron, which would allow the production of green steel with a 95% reduction of CO 2 emissions. —Kajsa Ryttberg-Wallgren, EVP Head of Business Unit Hydrogen at H2 Green Steel.
In Sweden, Norway and Finland, respectively 26%, 24%, and 23% of urban buses registered in 2019 were zero-emission (electric or hydrogen). In 2019, less than 10% of their newly-registered urban buses were electric or hydrogen. However, Germany is now financing 80% of the higher purchase cost of e-buses.
Air Liquide, Idex, Société du Taxi Électrique Parisien (STEP), and Toyota are teaming up through a joint-venture called HysetCo, the first company devoted to the development of hydrogen mobility in the Paris region. Toyota will deliver an additional 500 Mirais by the end of 2020, which will complete the existing fleet of 100 Hype vehicles.
Late in November, the AutomotiveCampusNL in Helmond at Brainport opened the third hydrogen station in the Netherlands. Built by Dutch construction multinational Ballast Nedam in cooperation with Hydrogenics, the station will serve VDL Bus and Coach to test its future fuel cell buses.
Van Hool, the Belgium-based independent bus, coach and industrial vehicles manufacturer, has landed a significant contract with RVK Köln and WSW Wuppertal (Germany), to supply 40 hydrogen buses of the latest generation. kg of hydrogen on board, will be able to carry out a full day’s schedule of 350 km (217 miles).
Automakers, hydrogen fuel suppliers, the Mayor of London’s Office and energy consultancies launched the £31-million (US$51-million) European HyFive project at City Hall in London. Locations are being sought for three new hydrogen refueling stations in London, one in Aarhus and in Odense (Denmark) and one in Innsbruck (Austria).
MagREEsource, a 2020 spin-off of the CNRS-Institut Néel that is commercializing processes for recycling rare-earth magnets and then remanufacturing new magnets from the recycled powders, has secured €5 million in financing and has opened its first pilot facility in Grenoble, with a capacity of 50 tons by 2023.
FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.
million seed round to support the commercialization of a new next-generation polymeric hydrogen separation membrane. Divi-H, Divigas’ new polymeric membrane, can purify hydrogen up to 99.95% purity. Hydrogen production is also a major emitter of CO 2 , generating approximately 1000 million tons or more than 2% of global O 2 emissions.
European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. GW by 2025 and to increase capacity further by 2030 in line with projected demand for renewable hydrogen.
OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.
DEME Concessions and Omani partners are partnering to develop a world-leading, green hydrogen plant in Duqm, Oman. The feasibility phase will be followed by the detailed design and engineering, further project development and finalization of offtake routes and financing.
Seeking to expand California’s public hydrogen refueling station network as a means to support the wider introduction of fuel-cell vehicles, Honda will provide $13.8 million in financial assistance to FirstElement Fuel to build additional hydrogen refueling stations around the state. Hydrogen Infrastructure' Earlier post.).
million) round—investment in McPhy Energy, an company dedicated to hydrogen production and to low pressure hydrogen storage for industrial and energy players. Clients are industrial players using hydrogen and energy companies, hydrogen being used as a mean for energy storage.
which is commercializing olefin metathesis technology for renewable fuels and chemicals, has raised $100 million in its Series C financing round. Its manufacturing platform integrates its proprietary technology in novel combinations with established industrial processes (metathesis, transesterification, hydrogenation). Earlier post.).
Starting in 2013, Audi will begin series production of TCNG models whose engines—derived from TFSI units—will be powered by e-gas: synthetic methane produced via the methanation of hydrogen produced by electrolysis using renewable electricity. achieving a neutral CO 2 balance across the entire mobility chain. Rated at 3.6
a developer of zero emission electric/hydrogen hybrid powered vehicles and turnkey hydrogen fueling systems ( earlier post ) has engaged investment bankers Viant Green Capital LLC and Viant Capital LLC to serve as its strategic and financial advisor. Vision Industries Corp.,
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