Hanwha Solutions acquires Cimarron Composites
Hanwha Solutions has signed a deal to acquire a 100% stake in Cimarron Composites, as part of an effort to accelerate its expansion into the green hydrogen industry.
Hanwha Solutions has signed a deal to acquire a 100% stake in Cimarron Composites, as part of an effort to accelerate its expansion into the green hydrogen industry.
The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has announced plans to make $160m in federal funding available to help develop technologies for the production, transport, storage and utilisation of fossil-based hydrogen.
Chart Industries and Matrix Service Company will develop standardised hydrogen solutions, such as hydrogen liquefaction plants, fuelling stations and other hydrogen related facilities in North America, as part of a new agreement.
As a result of a company reorganisation, Korea Gas Corporation (KOGAS) has established a hydrogen business headquarters to promote bold investment for economical hydrogen production and supply.
The Green Hydrogen Hub has signed a Memorandum of Understand (MoU) with Everfuel, to explore long term-cooperation in which the Green Hydrogen Hub could become a strategic supplier of hydrogen and hydrogen storage to Everfuel.
Worthington Industries has acquired PTEC Pressure Technology, an independent designer and manufacturer of valves and components for high-pressure hydrogen and CNG storage, transport and onboard fuelling systems.
Independent services provider EQS Global has joined the European Clean Hydrogen Alliance.
Whilst falling production costs are driving down the cost of green hydrogen, many potentially viable parts of the market will not reach self-sufficiency unless governments provide investment and implement policies that explicitly encourage hydrogen adoption.
Acciona and Enagás are moving forward with the Power to Green Hydrogen Mallorca industrial project, having acquired an electrolyser which will be supplied by Hydrogenics, part of the Cummins Group.
Hexagon Purus has supplied cylinders for the “world’s first” hydrogen-powered snow groomer, the LEITWOLF h2MOTION, developed by Prinoth.
