Hydrogen

FuelCell Energy Announces Release of Annual and Sustainability Reports Highlighting Business Performance and Progress Towards Sustainability and ESG Goals

Retrieved on: 
Monday, February 19, 2024

DANBURY, Conn., Feb. 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global energy delivery and emission management company, today announced the release of its 2023 Annual Report and its 2023 Sustainability Report.

Key Points: 
  • DANBURY, Conn., Feb. 19, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL), a global energy delivery and emission management company, today announced the release of its 2023 Annual Report and its 2023 Sustainability Report.
  • These reports reflect the company's ongoing commitment to accountability and sustainability in all aspects of its operations.
  • In his message to shareholders, FuelCell Energy’s President & CEO, Jason Few, recounts projects with Toyota Motor North America , ExxonMobil , and IBM .
  • Fiscal year 2023 highlights include:
    New 2050 net-zero approach, supported by a new ESG leadership structure to guide our sustainability action plan.

Eaton Receives Two Grants From the Czech Republic, Continues to Expand Mobility Capabilities and Resources in Europe, Middle East, and Africa

Retrieved on: 
Thursday, March 7, 2024

Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic.

Key Points: 
  • Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic.
  • View the full release here: https://www.businesswire.com/news/home/20240307921565/en/
    Eaton’s power distribution unit will be utilized in two electrified vehicle projects funded by grants from the Czech Republic.
  • Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere.
  • Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century.

Bloom Energy Inc. Signs Agreements with Shell to Investigate Opportunities for Innovative Large-Scale, Renewable Hydrogen Energy Projects

Retrieved on: 
Wednesday, March 6, 2024

(Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology.

Key Points: 
  • (Shell) to study decarbonization solutions, utilizing Bloom’s proprietary hydrogen electrolyzer technology.
  • Bloom and Shell will collaborate with the goal of developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets.
  • “This technology could represent a potentially transformative moment for opportunities to decarbonize several hard to abate industry sectors,” said KR Sridhar, founder, chairman, and CEO of Bloom Energy.
  • Clean or “green” hydrogen is produced from water electrolysis, using renewable energy, essentially eliminating greenhouse gas emissions.

E-Fuels Market Poised for Accelerated Growth to USD 49.4 Billion by 2030, with E-Ammonia Leading Demand in Renewable Energy Transition - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 6, 2024

The global e-fuels market is estimated to grow from USD 6.2 Billion in 2023 to USD 49.4 Billion by 2030; it is expected to record a CAGR of 34.5% during the forecast period.

Key Points: 
  • The global e-fuels market is estimated to grow from USD 6.2 Billion in 2023 to USD 49.4 Billion by 2030; it is expected to record a CAGR of 34.5% during the forecast period.
  • Furthermore, the increased use of electric vehicles, as well as the necessity for backup energy sources to supplement renewable energy networks, is driving the expansion of the e-fuel industry.
  • Based on fuel type, the e-fuel market has been split into six types: e-methane, e-kerosene, e-methanol, e-ammonia, e-diesel, and e-gasoline.
  • Consequently, the clean energy transition is reshaping the energy landscape and driving demand for e-fuels.

NOV Appoints Patricia Martinez to the Board of Directors

Retrieved on: 
Wednesday, March 6, 2024

NOV Inc. (NYSE: NOV) announced today the appointment of Patricia Martinez to NOV’s Board of Directors, effective March 6, 2024.

Key Points: 
  • NOV Inc. (NYSE: NOV) announced today the appointment of Patricia Martinez to NOV’s Board of Directors, effective March 6, 2024.
  • “We are delighted to welcome Patricia Martinez to NOV’s board of directors,” said Clay Williams, Chairman, President, and Chief Executive Officer.
  • “Patricia brings extensive industry experience to our board, including growing energy businesses in international markets, and more recently guiding and developing projects within the energy transition ranging from CCUS to hydrogen to biogas.
  • With the appointment of Ms. Martinez, NOV Inc.’s board of directors is now composed of ten directors, nine of whom are independent members.

FLIR Announces Si2-Series of Acoustic Imagers to Detect Compressed Air Leaks, Partial Discharges, Mechanical Faults, and Quantify Gas Leaks

Retrieved on: 
Wednesday, March 6, 2024

FLIR , a Teledyne Technologies company, today announced the expansion of its versatile Si-Series of acoustic imaging cameras with three models in the new Si2 family, designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges: the Si2-Pro, Si2-LD, and Si2-PD.

Key Points: 
  • FLIR , a Teledyne Technologies company, today announced the expansion of its versatile Si-Series of acoustic imaging cameras with three models in the new Si2 family, designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges: the Si2-Pro, Si2-LD, and Si2-PD.
  • View the full release here: https://www.businesswire.com/news/home/20240305787640/en/
    The three models of the new Si2 family, the Si2-Pro, Si2-LD, and Si2-PD, are designed for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges.
  • The Si2 cameras apply an array of acoustic imaging advancements that work to detect and quantify air and gas leaks, mechanical faults, and partial discharge, making them the top-performing acoustic imaging cameras on the market for these types of detections.
  • On-camera decision support tools include mechanical defect measurement, classification and severity assessment of partial discharges, leak size estimation, and cost analysis.

Advent Technologies Participates in $12.4 Million Project to Reduce GHG Emissions in the Maritime Sector

Retrieved on: 
Tuesday, March 5, 2024

This project aims to develop a maritime fuel cell system resulting in an auxiliary power unit with a total capacity exceeding 500kW.

Key Points: 
  • This project aims to develop a maritime fuel cell system resulting in an auxiliary power unit with a total capacity exceeding 500kW.
  • The RiverCell 3 project has a total budget of approximately $12.4 million, from which Advent’s budgeted portion is approximately $6.1 million.
  • The project commenced in January 2024 and is scheduled to conclude on December 31, 2026.
  • This strategy aims to mitigate greenhouse gas (“GHG”) emissions for international shipping, with a reinforced commitment to achieving net-zero emissions by 2050.

H2SITE Has Commissioned a Membrane Separator Capable of Extracting 5 to 20% Hydrogen Blends at +99% Purity From the Gas Distribution Network

Retrieved on: 
Thursday, February 29, 2024

H2SITE has successfully validated the feasibility of separating hydrogen (H2) blends ranging from 5% to 20% H2 concentration in regional distribution system operator (DSO) Nortegas' gas network, within the framework of the H2SAREA project.

Key Points: 
  • H2SITE has successfully validated the feasibility of separating hydrogen (H2) blends ranging from 5% to 20% H2 concentration in regional distribution system operator (DSO) Nortegas' gas network, within the framework of the H2SAREA project.
  • The several million kilometers of established natural gas transport and distribution networks worldwide will be a necessary asset in the transition towards low-carbon energy sources.
  • "The palladium membrane separators technology employed by H2SITE enables us to produce high-purity hydrogen suitable for fuel cell applications from blends with very low hydrogen concentrations," according to Andrés Galnares, Techni of H2SITE.
  • Thanks to the technological validation in H2SAREA, we have taken a significant step forward in low-cost hydrogen transportation solutions.

Cummins announces innovative next generation X15 diesel engine, part of Cummins HELM™ 15-liter fuel agnostic platform, launching in North America to meet aligned 2027 regulations

Retrieved on: 
Thursday, February 29, 2024

As the next product in the Cummins HELM™ 15-liter fuel agnostic platform, the diesel X15 will be compliant with U.S. EPA and CARB 2027 aligned regulations at launch.

Key Points: 
  • As the next product in the Cummins HELM™ 15-liter fuel agnostic platform, the diesel X15 will be compliant with U.S. EPA and CARB 2027 aligned regulations at launch.
  • The next generation X15 diesel engine in North America will serve the heavy-duty on-highway market.
  • The next generation X15 is the next evolution of technology, truly proving to the world that we never stop innovating,” said José Samperio, Vice President, North America On-Highway at Cummins.
  • This next-generation engine is designed to have the capability to meet future emissions regulations beyond 2027 without the need for significant architecture changes.

Montrose Environmental Group Acquires Environmental Consultancy Specializing in Regulatory Services in Rocky Mountain Region

Retrieved on: 
Thursday, February 29, 2024

Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announced the acquisition of Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions.

Key Points: 
  • Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announced the acquisition of Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions.
  • Two Dot Consulting is a consulting firm providing environmental services vital to meeting regulatory and planning requirements for the renewable energy, and oil and gas sectors.
  • Headquartered in Arvada, Colorado with offices in Wyoming, Two Dot Consulting’s work spans the Rocky Mountain states and adjacent regions, including Nebraska, Nevada, Texas and New Mexico.
  • “Todd and his team bring a complementary suite of environmental solutions, from regulatory compliance and natural resource management to permitting and stakeholder relations,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group.