Fuel cell

Hyundai Announces New Production Start Date at Metaplant America During Hyundai Day in Georgia

Retrieved on: 
Monday, February 26, 2024

At the event, Hyundai Motor Group Metaplant America (HMGMA) revealed that the official start of production has accelerated to the fourth quarter of 2024 with the grand opening celebration targeted for the first quarter of 2025.

Key Points: 
  • At the event, Hyundai Motor Group Metaplant America (HMGMA) revealed that the official start of production has accelerated to the fourth quarter of 2024 with the grand opening celebration targeted for the first quarter of 2025.
  • Additionally, the General Assembly passed a Resolution commending Hyundai Motor Group's dedication to the State of Georgia and recognizing Feb. 26, 2024, as Hyundai Day at the State Capitol.
  • "Georgia is like a second home to us," said José Muñoz, president and global COO, Hyundai Motor Company, and president and CEO, Hyundai and Genesis Motor North America.
  • Hyundai Motor Group Metaplant America (HMGMA) is Hyundai Motor Group's first dedicated Electric Vehicle mass-production plant and is located in Bryan County, Georgia.

SoCalGas Showcases Zero Emissions Hydrogen Fuel Cell Electric Technologies by Kenworth and Toyota at 2024 World Ag Expo

Retrieved on: 
Monday, February 12, 2024

TULARE, Calif., Feb. 12, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) alongside Kenworth Truck Company (Kenworth) and Toyota Motor North America Inc. (Toyota) are displaying two zero emissions hydrogen fuel cell electric vehicles (FCEV) at the annual World Ag Expo this week. SoCalGas' booth will showcase Kenworth's Class 8 T680 hydrogen FCEV truck powered by Toyota, as well as one of SoCalGas's zero emissions fleet vehicles, a hydrogen fuel cell electric Toyota Mirai. As part of SoCalGas' ASPIRE 2045 sustainability strategy, SoCalGas has converted 38% of its over-the-road fleet to run on alternative fuels like hydrogen, renewable natural gas, and battery electric. The company aims to continue growing its alternative fuel vehicle (AFV) fleet, with an interim goal of reaching a 50% AFV powered fleet by 2025 and a 100% zero emissions fleet by 2035.   

Key Points: 
  • TULARE, Calif., Feb. 12, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) alongside Kenworth Truck Company (Kenworth) and Toyota Motor North America Inc. (Toyota) are displaying two zero emissions hydrogen fuel cell electric vehicles (FCEV) at the annual World Ag Expo this week.
  • SoCalGas' booth will showcase Kenworth's Class 8 T680 hydrogen FCEV truck powered by Toyota, as well as one of SoCalGas's zero emissions fleet vehicles, a hydrogen fuel cell electric Toyota Mirai.
  • As part of SoCalGas' ASPIRE 2045 sustainability strategy , SoCalGas has converted 38% of its over-the-road fleet to run on alternative fuels like hydrogen, renewable natural gas, and battery electric.
  • Also on display at the booth is one of SoCalGas' zero emissions hydrogen fleet vehicles, the Toyota Mirai, which uses a hydrogen fuel cell to generate the electricity that powers the vehicle.

Automotive Fuel Cell Market worth $2.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024

Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.

Key Points: 
  • Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.
  • The fuel cell stack, a crucial fuel cell system component, consists of two flow field plates and a Membrane Electrode Assembly (MEA).
  • The fuel cell stack is considered the fuel cell system's most expensive component due to platinum's inclusion.
  • In October 2023, a 50kW fuel cell module (FC module) was developed by Toyota Motor, representing a compact fuel cell (FC) system.

Automotive Fuel Cell Market worth $2.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024

Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.

Key Points: 
  • Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.
  • The fuel cell stack, a crucial fuel cell system component, consists of two flow field plates and a Membrane Electrode Assembly (MEA).
  • The fuel cell stack is considered the fuel cell system's most expensive component due to platinum's inclusion.
  • In October 2023, a 50kW fuel cell module (FC module) was developed by Toyota Motor, representing a compact fuel cell (FC) system.

Yamaha Joins Fuel Cell & Hydrogen Energy Association Supporting Multiple Technology Solutions to Carbon Neutrality

Retrieved on: 
Tuesday, January 30, 2024

Yamaha Motor Corporation, U.S.A. joined the Fuel Cell & Hydrogen Energy Association (FCHEA) alongside hydrogen producers, infrastructure providers, engineering firms and other off takers as part of its pursuit of multiple technology solutions to achieve carbon neutrality.

Key Points: 
  • Yamaha Motor Corporation, U.S.A. joined the Fuel Cell & Hydrogen Energy Association (FCHEA) alongside hydrogen producers, infrastructure providers, engineering firms and other off takers as part of its pursuit of multiple technology solutions to achieve carbon neutrality.
  • “Yamaha plans to work diligently with FCHEA to advance hydrogen energy and fuel cell policies,” said Martin Peters, Director, Yamaha Marine External Affairs, who will serve on the organization’s board of directors.
  • FCHEA represents more than one hundred leading organizations advancing production, distribution, and use of innovative, clean, safe, and reliable hydrogen energy.
  • FCHEA educational efforts promote the environmental and economic benefits of hydrogen energy and fuel cell technologies.

$33.8 Bn Hydrogen Storage Markets by Solution (Tanks, Cylinders), Type (Physical Storage, Material-based Storage), and Application (Fuel Cell, Chemical Production, Manufacturing, Oil & Gas)

Retrieved on: 
Thursday, January 18, 2024

DUBLIN, Jan. 17, 2024 /PRNewswire/ -- The "Hydrogen Storage Market by Storage Solution (Tanks, Cylinders), Storage Type (Physical Storage, Material-based Storage), Application (Fuel Cell, Chemical Production, Manufacturing, Oil & Gas), and Geography - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 17, 2024 /PRNewswire/ -- The "Hydrogen Storage Market by Storage Solution (Tanks, Cylinders), Storage Type (Physical Storage, Material-based Storage), Application (Fuel Cell, Chemical Production, Manufacturing, Oil & Gas), and Geography - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The latest trends in the hydrogen storage market are the rising use of renewable energy sources for hydrogen production and the increasing use of hydrogen in oil refineries and chemical industries.
  • Key Questions Answered in the Report:
    Which are the high-growth market segments in terms of storage solution, storage type, and application?
  • Who are the local emerging players in the global hydrogen storage market, and how do they compete with other players?

SJI and Captona Announce Construction of one of the Largest Food Waste-to-RNG Facilities in the US

Retrieved on: 
Wednesday, December 20, 2023

SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.

Key Points: 
  • SJI, Captona, and RNG Energy Solutions today announce their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States.
  • This marks SJI’s first non-utility led anaerobic digester project that will directly connect its utility customers with a New Jersey-based RNG producer.
  • Elizabethtown Gas, one of SJI’s primary utility subsidiaries, will blend the RNG from the Project into its existing natural gas distribution system.
  • The LRE Project includes development and construction of multiple off-site food waste pre-processing and depackaging operations in New York City, New York State and New Jersey.

FuelCell Energy Closes Tax Equity Financings with Group 1001 and Franklin Park for Tri-gen Project and Derby, Connecticut, Fuel Cell Park

Retrieved on: 
Thursday, December 14, 2023

DANBURY, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has again demonstrated that it is leading the way in tax credit financing through its announcement today that it closed on transactions with Franklin Park and Group 1001 Insurance Holdings, LLC (“Group 1001”) for two of its clean energy projects—the Tri-gen platform in Long Beach, California, and the new fuel cell park in Derby, Connecticut.

Key Points: 
  • DANBURY, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) has again demonstrated that it is leading the way in tax credit financing through its announcement today that it closed on transactions with Franklin Park and Group 1001 Insurance Holdings, LLC (“Group 1001”) for two of its clean energy projects—the Tri-gen platform in Long Beach, California, and the new fuel cell park in Derby, Connecticut.
  • These give FuelCell Energy the financial flexibility to further refine its clean energy technology and to participate in clean energy collaborations and transition projects around the world.
  • “We are at a critical point on the path towards an energy transition, and it is particularly important to leverage these projects’ long-term, recurring cash flow through tax equity investments from firms like Franklin Park and Group 1001.
  • This allows us to maintain a steady pace of investment in innovation and commercialization efforts and signals that our sustainable clean energy solutions are attracting strong interest from the market,’’ said FuelCell Energy’s President and CEO Jason Few.

Hydrogen Fuel Cell Buses Global Market Report 2023 - Fuel Cell Buses Emerge as a Sustainable and Clean Alternative to Traditional Diesel and Gasoline Buses - ResearchAndMarkets.com

Retrieved on: 
Monday, December 11, 2023

The "Global Market for Hydrogen Fuel Cell Buses 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Hydrogen Fuel Cell Buses 2023" report has been added to ResearchAndMarkets.com's offering.
  • Over the past few years, the prices of hydrogen fuel cell buses (FCBs) have fallen dramatically, leading many companies to begin deploying them actively.
  • Advances in technology and manufacturing are reducing the cost of fuel cells and other components used in hydrogen buses.
  • As a viable alternative to diesel and gasoline buses, hydrogen FCBs use sustainable, clean energy and offer a fueling experience comparable to diesel or gasoline vehicles.

Fuel Cell Market worth $8.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 14, 2023

Based on type, the Fuel Cell Market has been segmented into proton exchange membrane fuel cell, solid oxide fuel cell, phosphoric acid fuel cell, alkaline fuel cell and microbial fuel cell.

Key Points: 
  • Based on type, the Fuel Cell Market has been segmented into proton exchange membrane fuel cell, solid oxide fuel cell, phosphoric acid fuel cell, alkaline fuel cell and microbial fuel cell.
  • This report segments the Fuel Cell Market based on end user into six segments: residential, commercial & industrial, transportation, data centers, military & defense and utilities & government/municipal institutes.
  • This report segments the Fuel Cell Market based on fuel into five segments: hydrogen, ammonia, methanol, ethanol and hydrocarbon.
  • This report segments the Fuel Cell Market based on application into three segments: stationary, portable and fuel cell vehicles.