Precision Micro secures fuel cell component deal with German engineering firm
The UK-based firm will deliver components that will reportedly be used for a fuel cell vehicle powertrain in Germany.
The UK-based firm will deliver components that will reportedly be used for a fuel cell vehicle powertrain in Germany.
Tests were conducted by blending different up to 100% hydrogen with natural gas, resulting in several hundred tonnes of 3000 series scrap aluminium alloy remelted and cast into sheet ingots.
“The conversion of hydrogen into electricity is not yet being given the necessary priority in Europe, and especially in Germany,” the company said.
The financial struggles of Nikola, Hyzon and HVS raises questions about the ability of start-ups to take on the tough competition of diesel.
The French electrolyser maker is exploring solutions to “extend its cash horizon and support its operational requirements.”
South Australian Premier Peter Malinauskas said, “There’s no point in producing hydrogen if there’s not a customer for it,” highlighting the government’s focus on securing the steelworks’ future with the new funding package.
“Thanks to the conceptual and financial support of our investors, we have been able to realign key elements of our organisation and create the basis for a long-term and future-oriented positioning of our company.”
Germany’s economy shrank in 2024, for a second year. As Europe’s leading economy, and the world’s third largest, that’s not only bad news for Germany but all of us.
By focusing on decentralised, on-site production for small- to mid-size industries, Hydgen says it can offer a “resilient, self-sufficient alternative” to traditional hydrogen sourcing.
The Japanese auto giant is independently developing the 150kW module to replace its current model, which is produced in a joint venture with General Motors (GM).
