HydrogenOne backs Sunfire GmbH’s EUR 500 million funding round

LONDON: HydrogenOne Capital Growth plc, a London-listed fund investing in clean hydrogen, has announced its participation in a EUR 500 million funding package for Sunfire GmbH, a leading electrolyzer manufacturer. The package includes a EUR 215 million Series E equity round, a EUR 100 million term loan from the European Investment Bank (EIB), and EUR…

Technip Energies and John Cockerill launch Rely, a green hydrogen company

PARIS, FRANCE: Technip Energies and John Cockerill have announced the creation of Rely, a new company that will offer integrated and competitive green hydrogen solutions. The two industrial leaders in the hydrogen market aim to help energy and heavy industries reach net-zero goals by providing end-to-end solutions for hard-to-abate and hard-to-electrify sectors. Rely will benefit…

Ceres Power and Shell sign agreement for green hydrogen

HORSHAM, UK: Ceres Power Holdings plc (AIM:CWR), a global leader in fuel cell and electrochemical technology, has signed an agreement with Shell to deliver a megawatt scale solid oxide electrolyser (SOEC) demonstrator in 2023. Shell and Ceres are building this partnership to utilise SOEC technology to deliver high-efficiency, low-cost green hydrogen; now widely viewed as…

Scana ASA enters green hydrogen collaboration with Westgass Hydrogen

OSLO, NORWAY: Scana-owned PSW Power & Automation and Westgass Hydrogen enter a strategic collaboration aimed towards deployment of container-based hydrogen fuel cell systems for power applications. The initiative is a major step towards securing continuous investment in environmentally friendly energy production and underpins Scana’s overall ambition of accelerating the green energy transition by being a…

Fortescue Future Industries to acquire interest in Sparc Hydrogen

SYDNEY, AUSTRALIA: Sparc Technologies Limited (ASX: SPN) has entered into binding Agreements with global green energy company Fortescue Future Industries (FFI) (100% subsidiary of Fortescue Metals Group, ASX: FMG) and the University of Adelaide, forming the Sparc Hydrogen Joint Venture. The transaction is the formalisation of the joint venture announced to the ASX on 27…

Fertiglobe selects Plug Power for Egypt amonia project

ABU DHABI, UAE: Fertiglobe (ADX: FERTIGLB) led consortium selected Plug Power Inc. (NASDAQ: PLUG) as the technology provider for a 100 megawatts electrolyzer to produce green hydrogen as feedstock for up to 90,000 tons of green ammonia production at EBIC in Ain Sokhna, Egypt. Fertiglobe, the strategic partnership between OCI N.V. (Euronext: OCI) and the…

Everfuel distributes green hydrogen from groundbreaking pilot project

HERNING, DENMARK: Everfuel A/S has begun distribution green hydrogen from Siemens Gamesa’s pilot project in Brande, Denmark. The project is the first to produce green hydrogen from wind in “island mode”, with the option of connecting it to the grid. The project now produces green hydrogen which is distributed by Everfuel as part of the…

Nel ASA to produce green hydrogen at $1.5/kg to outcompete fossil alternatives

OSLO: Nel ASA outlines the target of producing green hydrogen at USD 1.5 per kilo by 2025, to outcompete fossil alternatives. Cost reductions through scale-up of production to multi-GW scale, growing the organization to add capacities and capabilities, and investing in technology for the near- and long -term are crucial components in ensuring that Nel…

Everfuel to distribute green hydrogen from Siemens Gamesa pilot project

HERNING: Everfuel A/S has signed an agreement with Siemens Gamesa for distribution of green hydrogen for zero emission mobility in Denmark. The green hydrogen will be produced by a Siemens Gamesa wind turbine connected to an electrolyzer with the ability to operate in ‘island mode’ – driving an electrolysis unit with no link to the…