LONDON: British technology firm Hydrogen Utopia International PLC (HUI) has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Hydrogen Systems LLC to develop facilities that convert non-recyclable waste into hydrogen in the Kingdom, the companies said on Tuesday. Under the non-binding agreement, Hydrogen Systems, a regional developer and operator of hydrogen infrastructure, will…
AMSTERDAM: New Sources Energy N.V. (NSE) and Conduit Ventures Ltd. (CV) said on Thursday they have signed a memorandum of understanding to form an exclusive strategic partnership aimed at jointly financing and developing renewable energy and energy efficiency projects. The collaboration will combine private and public equity mechanisms to support portfolio companies in the…
Revenue for the six months to June 30 fell to £21.1 million ($27.3 million) from £28.5 million a year earlier LONDON: British clean energy technology firm Ceres Power Holdings plc (CWR.L) reported a 26% drop in first-half revenue on Friday, in line with expectations, but highlighted an “unprecedented” market opportunity driven by power-hungry AI…
NEW YORK: Dow Jones has acquired Eco-Movement, a leading global platform for EV charging station data. Eco-Movement will operate as part of OPIS, Dow Jones’s growing energy business. Headquartered in Utrecht, Netherlands, Eco-Movement is a leading charge point data platform. The company collects, optimizes and enriches EV charging station data, and has built an extensive…
SYDNEY: Australian helium exploration company D3 Energy Ltd. (ASX: D3E) has acquired two exploration permits in South Australia’s Arckaringa Basin, broadening its footprint in the growing helium and hydrogen sector. The acquisition, completed through the purchase of Unleash Energy Pty Ltd., includes exploration permits PEL 121 and PEL 122. The Arckaringa Basin has become…
PARIS: FDE, a carbon negative energy producer listed on Euronext, announced today that it has completed the acquisition of a controlling stake in Greenstat ASA, a leading green energy operator based in Norway, with a strong focus on hydrogen and solar activities. The acquisition, which was announced on January 16th 2024, aims to further…
PARIS, FRANCE: McPhy Energy, a leading manufacturer of low-carbon hydrogen equipment, has announced that it has received a binding offer from Atawey, a French company specialized in hydrogen mobility solutions, for the sale of its refueling station business. The offer comes after the two parties entered into exclusive negotiations in December 20231. The sale…