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.
Plug Power will provide 25MW of proton exchange membrane (PEM) electrolysers to H2DRIVEN, an 80,000 tonnes per year methanol project in Portugal.
The UK is among the largest potential European hydrogen markets, but a lack of support for technology manufacturers risks it missing out, according to a new report by Hydrogen UK.
Thermax Limited will develop and bring to market Ceres Power’s solid oxide electrolysis cell (SOEC) systems in India under a new license agreement.
“You can safely start and stop our system instantly, therefore you don’t need the controls to prevent it from deteriorating or avoid dangerous cross-over levels.”
Brineworks has secured €2m ($2.2m) in funding to accelerate its seawater electrolysis technology capable of extracting hydrogen and CO2 from the ocean.
Dutch electrolyser manufacturer Battolyser Systems has closed a €30m ($33.2m) Series A funding round as it looks to bring 2.5MW and 5MW hydrogen production systems to market by 2025.
Nel will deliver a MC250 containerised PEM electrolyser to the US city of St. Cloud, to begin producing green hydrogen at a wastewater treatment facility.
Electrolyser supplier H-TEC Systems will deliver three ME450 PEM products to Helen Oy’s 3MW hydrogen production plant in Finland.
Under a Memorandum of Understanding (MoU), the two plan to jointly develop, study, evaluate and sell containerised electrolysers 1-7.5MW in size.
