MT Group has awarded Nord Steel a €1.4m ($1.44) contract to manufacture and supply green hydrogen storage tanks for its Lithuanian hydrogen refuelling station, which is currently under development.
Gas technology company GTT has announced a strategic review of its PEM electrolyser subsidiary, Elogen, aimed at reducing its financing requirements.
The European Investment Bank (EIB) has awarded hydrogen refuelling station developer Resato Hydrogen Technology a €25m ($25.5m) loan to expand its production capacity.
“This is an unfortunate situation, and I’m sorry that we now have to let go of many qualified people,” said Nel’s President and CEO.
Nel has secured $29m in additional investment tax credits for its planned electrolyser gigafactory in Michigan, US, bringing its total funding to around $200m.
![Video: “A collaborative approach will really help the [hydrogen storage and distribution] market to grow”](/cdn-cgi/image/width=256,height=140,fit=cover,quality=75,metadata=none,format=auto,gravity=auto/https://www.h2-view.com/wp-content/files/A-collaborative-approach-will-really-help-the-hydrogen-storage-and-distribution-market-to-grow.png)
Vincent Designolle, Delphy Director at Vallourec New Energies; Cory Kreutzer, Technical Director at BrainDrip/IQ4H2, Harry Morton, Principal Consultant – Hydrogen at Gemserv; and Mike Peters, Team Principal at BrainDrip/IQ4H2 discuss their takeaways from H2 View’s...
French electrolyser firm McPhy Energy has slashed its FY2024 revenue guidance to around €11m ($11.2m) from original estimates of €18-22m ($18.3-22.4m), citing project delays and the scrapping of legacy refuelling developments.
JCB’s hydrogen combustion engine has been approved for use commercially in machines by 11 licensing authorities from across Europe.
Safe S.p.A. will supply two hydrogen compressors to a production project in Sicily, dubbed H2Farm, for safe hydrogen storage and distribution.
![Video: “We’re getting to the stage where [storage and transportation] is getting more attention”](/cdn-cgi/image/width=256,height=140,fit=cover,quality=75,metadata=none,format=auto,gravity=auto/https://www.h2-view.com/wp-content/files/Were-getting-to-the-stage-where-storage-and-transportation-is-getting-more-attention.png)
Vincent Designolle, Delphy Director at Vallourec New Energies, discusses how far we are from a sufficient and efficient hydrogen infrastructure, on H2 View’s Storage & Distribution webinar.
