Is Hyzon in hot water?
Hydrogen-powered truck innovator, Hyzon Motors appears to be in hot water following a failure to announce its financial filings, seeing its stock take a dive, and an interim CEO and President appointed.
Hydrogen-powered truck innovator, Hyzon Motors appears to be in hot water following a failure to announce its financial filings, seeing its stock take a dive, and an interim CEO and President appointed.
Japanese-based Mitsui & Co. has become the second largest owner of Norwegian Hydrogen, following a NOK70m ($7.2m) investment, taking a stake of approximately 15%.
Swedish-based H2 Green Steel has announced it is securing €190m ($189.8m) in the first close of series B equity financing strengthening its arm in decarbonising steel production with hydrogen.
The US Department of Energy (DOE) on Tuesday (August 23) announced $40m in funding to advance the development and deployment of clean hydrogen technologies.
Hyphen Hydrogen Energy has today (August 18) announced progress in discussions with the Namibian Government as it seeks to complete a signed Implementation Agreement in 2022 for its planned $10bn Namibian green hydrogen project.
In a step towards to improving the supply of hydrogen in Orkney, Scotland, the European Marine Energy Centre (EMEC) has been awarded £454,000 ($547,462) by the Scottish Government, to secure two hydrogen tube trailers.
Investment firm, HydrogenOne has revealed it has invested £8.4m ($10.2m) in the Netherlands-based hydrogen pipeline company, Strohm, as part of a funding round that closed at £11.8m ($14.29m).
Australian oil and gas company, Metgasco today (August 16) revealed plans to acquire renewable hydrogen and energy developer, Patriot Hydrogen, in a staged deal worth over A$6m ($4.2m).
The University of Aberdeen’s School of Engineering has been awarded £220,000 ($265,987) in funding from the UK Government’s Hydrogen BECCS Innovation Programme to create a new process to obtain hydrogen from organic waste.
Despite widespread hydrogen industry support for the climate and tax package detailed in the landmark US Inflation Reduction, Cody Bateman, founder and CEO of GenH2, has made a call for further support.
