Three UK electrolyser developers win £500k in NZTC funding
Clyde Hydrogen Systems, AqSorption and Latent Drive are each set to receive £500,000 ($655,347) as part of the Net Zero Technology Centre’s (NZTC) 2024 electrolyser funding competition.
Clyde Hydrogen Systems, AqSorption and Latent Drive are each set to receive £500,000 ($655,347) as part of the Net Zero Technology Centre’s (NZTC) 2024 electrolyser funding competition.
SFC Energy has agreed to purchase selected fuel cell assets from Ballard Power Systems Europe’s Scandinavian (BPSE) business for an undisclosed amount.
Nikola Corporation has sold 200 hydrogen fuel cell-powered trucks since the turn of the year, and 235 since the vehicle went on sale in Q4 2023.
H2 Mobility and BASF have inaugurated a new hydrogen refuelling station Frankenthal, Germany, which boasts a daily capacity of approximately 800kg.
Nexceris has finalised its $60m deal with the US Department of Energy (DOE) designed to scale up its electrolysis stack technology.
Hy Stor Energy has cancelled its reservation for over 1GW of electrolyser capacity with Nel.
Hygenco Green Energies has launched a 1.1GW renewable energy tender to support its planned green ammonia project in India.
OCI Global has completed the $2.35bn sale of its US clean ammonia project in Beaumont, Texas, which is expected to produce 1.1 million tonnes per year.
GeoPura has secured £22m ($29m) to manufacture and deploy over 3,600 hydrogen power units (HPUs) by 2033 as part of a renewable fuel infrastructure expansion.
Despite a dramatic increase in final investment decisions (FIDs) globally in 2024, large-scale production capacities are still yet to be seen, according to AECOM’s Toby Uppington.