Ballard defers FID on 3GW US hydrogen fuel cell factory until 2026
Having secured a combined $94m in US federal funding to develop the factory, the company has confirmed it will be able to “preserve” the funding despite the delayed FID.
Having secured a combined $94m in US federal funding to develop the factory, the company has confirmed it will be able to “preserve” the funding despite the delayed FID.
The Chemours Company has confirmed to H2 View that it has put a $200m expansion of its fuel cell and electrolyser membrane manufacturing on hold as part of its reduction in hydrogen investments.
Norwegian hydrogen fuel cell firm TECO 2030 has launched plans to raise capital to set up production in the US after revealing it would look outside of its home market amid waning support.
Hydrogen power generators are providing electricity to a clothing recycling plant in Northamptonshire, UK, that has been plagued by grid connection delays.
By using FCEVs in combination with BEVs, IPA argues that policymakers could “greatly reduce the risk” of decarbonisation goals being derailed by metal shortages.
“We aim to enable OEMs to manufacture fuel cell systems that use e-fuels like e-methanol for a CAPEX cost below $0.1/kWh,” Advent’s CEO said.
The new system has been slated as a cheaper, smaller and lighter alternative to the traditional dual 110kW systems used in heavy-duty hydrogen-powered vehicles.
A company spokesperson told H2 View the firm’s Norwegian production plans are now at an “uncertain stage,” and will remain so until there are “clear incentives and support from government.”
The Canadian fuel cell firm said the measures were necessary to reduce corporate spending to maintain balance sheet strength as the adoption of hydrogen technology continues to face delays.
Toyota and SinoHytec’s 50:50 joint venture has opened a brand new hydrogen fuel cell R&D and production plant in Beijing, China.