Topsoe has reported a revenue increase of 45% to DKK 4,664m ($679m) in the first half of 2023, citing a number of “new wins” in sustainable aviation fuel (SAF) and low-carbon hydrogen projects.
Swedish hydrogen fuel cell bipolar flow plate manufacturer Cell Impact has reported net sales of SEK 17.2m ($1.6m) in Q2 2023, while its losses grew to SEK 27.1m ($2.5m).
US-based equity firm Apollo has said its managed funds have acquired a majority interest in natural gas and hydrogen transportation and storage solutions provider Composite Advanced Technologies, Inc. (CATEC).
Green Hydrogen Systems CEO, Sebastian Koks Andreassen, has discussed supply chain and quality challenges with H2 View, after the company’s interim 2023 results revealed a difficult second quarter for the Danish electrolyser OEM.
Nedbank Namibia has donated N$350,000 to supporting the country’s emerging green hydrogen economy.
Danish electrolyser producer Green Hydrogen Systems has reported losses of DKK -87.2m ($12.8m) and EBITDA of DKK -161.6m ($23.7m) in H1 2023, compared to DKK -57m ($8.3m) and DKK -131.8m ($19.3m) respectively during the same...
BPH Energy has announced a further $250,000 investment in Clean Hydrogen Technologies, which will see its stake rise to 17.5% together with investee Advent Energy.
The University of Wyoming has been awarded $10m to lead a hydrogen production project utilising a produced water thermal desalinisation technology.
ITM Power has today (August 17) revealed growing losses in its final results for the year ended April 30, 2023, with an adjusted EBITDA loss of £94.2m ($119.9m) compared to £39.8m ($50.7m) in its 2022...
ElectraMeccanica and Tevva have announced plans to merge in a bid to capitalise on global commercial truck market opportunities.
