Hydrogen stocks slide amid US recession fears
Hydrogen technology stocks have taken a hit amid fears that the US economy could be on course for a recession.
Hydrogen technology stocks have taken a hit amid fears that the US economy could be on course for a recession.
Stargate Hydrogen has received a first purchase order for its alkaline electrolyser system from Indian-based BGR Tech Limited.
Tree Energy Solutions (TES) and Saibu Gas will promote using electric natural gas from green hydrogen (e-NG) as a clean energy source across Japan.
Mitsubishi Heavy Industries (MHI) has issued a ¥10bn ($67m) bond to finance its energy transition initiatives, which include low-carbon hydrogen and ammonia production.
Freeport East is aiming to accelerate hydrogen and other green transport solutions in India after partnering with Innovating for Transport and Energy Systems (ITES).
Fortescue has agreed to collaborate with COSCO Shipping to construct and deploy its vessels and co-owned vessels that will be powered by green ammonia.
“We’re not pivoting away from green hydrogen,” Hutchinson told investors. “I think we have a pretty good clue now where the projects need to be developed…”
Hydrogéne de France (HDF Energy) will deploy its multi-MW Renewstable hydrogen plants in the Philippines, aimed at decarbonising the country’s power sector.
Kawasaki Motors has publicly demonstrated a hydrogen internal combustion engine (ICE)-powered motorcycle at Suzuka Circuit in Japan.
Yanmar Energy Systems has commercialised its compact hydrogen PEM fuel cell system and will begin accepting orders in Japan in September (2024).