23 Jun 2023
Larsen & Toubro and DRDO to develop air independent propulsion system to generate H2
Larsen & Toubro and DRDO signed a contract for realization of two air independent propulsion system modules for Kalvari Class of Submarines of the Indian Navy. The energy modules comprising fuel cells produce the required power, along with on-board H2 generation.
01 Jun 2023
Green hydrogen: A wonder energy source
Although H2 generation through electrolysis is well established, the financial viability of producing green H2 is the global target. H2 production cost primarily depends on the efficiency of electrolyzers and the cost of power consumed in the H2 generation process.
The future of H2: A regional outlook—Part 1: Africa, Asia and Canada
Most industry analysts forecast a stark rise in H2 demand over the next 25 yr. According to the International Energy Agency, global H2 demand was approximately 91 MMt in 2021. Several industry forecasts show global H2 production reaching anywhere between 300 MMtpy and 650 MMtpy by 2050.
Regional policies and strategies driving the transition to a H2 economy
Some countries have begun working on frameworks to rival that of the IRA, while others struggle to make concrete plans. A common trend among various countries is the integration of H2 into their energy mixes. The energy transition is underway, but what specifics are nations planning to achieve in the coming years?
19 May 2023
Ma’aden exports blue ammonia to China’s Shenghong Petrochemicals
Saudi Arabian Mining Company (Ma’aden), announces that it has exported its first shipments of low-carbon blue ammonia to China, in a significant milestone for the company’s journey as a green leader, as it helps key markets across the globe to reduce carbon emissions from supply chains.
The portable fuel cells market is expected to see increased competition in the coming years
The portable fuel cells market is relatively niche and is experiencing utmost and rapid growth, owing to the growing demand for compact, portable and rechargeable fuel cell systems for various applications.
18 May 2023
Infinite Green Energy partners with Samsung C&T to develop and build Arrowsmith H2 plant
Western Australia-based renewable energy company Infinite Green Energy to team up with global tech giant Samsung C&T to develop and build Arrowsmith H2 plant.
12 May 2023
ABS explores near-shore green H2 production in Korea
ABS joined Korean industry leaders in the signing of a memorandum of understanding to produce a feasibility study for a near-shore floating platform of green H2 production and liquefaction.
02 May 2023
Ohmium closes $250-MM Series C Fundraise led by TPG Rise Climate
Ohmium International announced the closing of a $250-MM Series C growth equity financing. The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise and included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.
01 May 2023
Loop Energy and MYNT announce supply and distribution agreement in Australia
Loop Energy, a leading manufacturer of H2 fuel cell solutions, and MYNT First Element, a leading Australian power generator manufacturer, is proud to announce a strategic partnership for manufacturing of H2 electric power generators.
