Hydrogen

Advent Technologies Signs Strategic Joint Development Agreement with Siemens Energy to Expedite the Decarbonization of the Maritime Sector

Retrieved on: 
Thursday, April 4, 2024

Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S (“Advent”), has signed a Joint Development Agreement (“JDA”) with Siemens Energy, one of the world's leading energy technology companies.

Key Points: 
  • Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S (“Advent”), has signed a Joint Development Agreement (“JDA”) with Siemens Energy, one of the world's leading energy technology companies.
  • The innovative clean energy solution resulting from this multi-year collaboration is expected to initially address the power needs of large yachts.
  • This agreement builds upon the strong collaboration between Advent and Siemens Energy, which began in February 2022 with the Sanlorenzo Life Ocean pilot project.
  • Advent Technologies' HT-PEM fuel cells utilizing the innovative Ion Pair™ MEA technology, offer high-temperature operation between 80°C and 240°C.

Amogy and ITOCHU Partner to Explore Application of Ammonia-Powered Solution for Decarbonizing Maritime Vessels

Retrieved on: 
Wednesday, April 3, 2024

This strategic partnership is aimed at exploring the potential application of Amogy’s technology on ITOCHU’s maritime vessels.

Key Points: 
  • This strategic partnership is aimed at exploring the potential application of Amogy’s technology on ITOCHU’s maritime vessels.
  • Amogy has developed a modularized system that transforms liquid ammonia into electrical power.
  • Together, Amogy and ITOCHU will investigate opportunities for deploying Amogy’s system on vessels owned, operated, or chartered by ITOCHU.
  • “We are excited to embark on this journey with ITOCHU Corporation,” says Seonghoon Woo, CEO at Amogy.

Toyoda Gosei’s High-Pressure Hydrogen Tank to be Used on Passenger Ship

Retrieved on: 
Tuesday, April 2, 2024

Toyoda Gosei Co., Ltd. (TOKYO:7282)’s high-pressure hydrogen tanks are being used on a passenger ship* powered by hydrogen and other environmentally-friendly energy.

Key Points: 
  • Toyoda Gosei Co., Ltd. (TOKYO:7282)’s high-pressure hydrogen tanks are being used on a passenger ship* powered by hydrogen and other environmentally-friendly energy.
  • These large hydrogen tanks employ the hydrogen storage technology developed by Toyoda Gosei and Toyota Motor Corporation for the MIRAI fuel cell vehicle, which previously have used mainly on trucks and other commercial vehicles.
  • View the full release here: https://www.businesswire.com/news/home/20240401821382/en/
    Large high-pressure hydrogen tank (Photo: Business Wire)
    The use of hydrogen is promising for all forms of mobility, from automobiles to motorcycles, vessels, and railways.
  • * The HANARIA passenger vessel is equipped with both hydrogen fuel cells and biodiesel fueled generators.

A Global and Regional Green Hydrogen Market Analysis and Forecast, 2023-2024 and 2033: Impacts of Decarbonization, Infrastructure Developments, and Falling Renewable Energy Costs - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024

This growth of the green hydrogen market is likely to be driven by low variable renewable energy (VRE) electricity cost, global plans for net-zero emissions by 2050, and increasing awareness regarding green hydrogen.

Key Points: 
  • This growth of the green hydrogen market is likely to be driven by low variable renewable energy (VRE) electricity cost, global plans for net-zero emissions by 2050, and increasing awareness regarding green hydrogen.
  • However, the production of green hydrogen is currently faced with several challenges, including high costs and significant energy requirements.
  • The application of green hydrogen as an industrial feedstock represents a significant and transformative segment of the global green hydrogen market.
  • Among the prominent players in the global green hydrogen market, the public players dominate, commanding approximately 93.3% of the market share in 2022.

Advisory: Chevron Corporation’s 1Q 2024 Earnings Conference Call and Webcast

Retrieved on: 
Monday, April 1, 2024

Jake Spiering – General Manager, Investor Relations

Key Points: 
  • Jake Spiering – General Manager, Investor Relations
    To access the live webcast, visit www.chevron.com .
  • The meeting replay will also be available on the company website under the “Investors” section.
  • Chevron is one of the world’s leading integrated energy companies.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance our business and the industry.

Plug Power Inc. (PLUG) Stockholder Alert: Robbins LLP Reminds Investors of Plug Power Inc. Class Action

Retrieved on: 
Sunday, March 31, 2024

Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Plug Power Inc. (NASDAQ: PLUG) securities between May 9, 2023 and January 16, 2024.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Plug Power Inc. (NASDAQ: PLUG) securities between May 9, 2023 and January 16, 2024.
  • For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • What Now: You may be eligible to participate in the class action against Plug Power Inc. Shareholders who want to serve as lead plaintiff for the class must file their papers with the court by May 21, 2024.
  • A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.

Aviation and Maritime Sectors Confront Decarbonization Hurdles with Progressive Energy Transition Technologies - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The urgent push for decarbonization in the heavily emitting aviation and maritime industries has given rise to a concerted focus on transitioning to cleaner energy sources.

Key Points: 
  • The urgent push for decarbonization in the heavily emitting aviation and maritime industries has given rise to a concerted focus on transitioning to cleaner energy sources.
  • This global challenge has seen significant strides with the implementation of cutting-edge energy transition technologies.
  • Hydrogen fuel and Carbon Capture, Utilization, and Storage (CCUS) technologies each play a pivotal role in the envisioned decarbonization of aviation and maritime operations.
  • Through an in-depth assessment, the report sheds light on the suitability of various energy transition technologies for different operational use-cases within aviation and maritime.

White (Natural) Hydrogen Research Report 2024 Featuring Industry Leaders - Helios, Natural Hydrogen Energy, Koloma, Hydroma, H2Au, La Francaise de l Energie SA, Gold Hydrogen, and HyTerra - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024

The "White (Natural) Hydrogen Market: Focus on Exploration, Identified Deposits, and Future Scenarios" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "White (Natural) Hydrogen Market: Focus on Exploration, Identified Deposits, and Future Scenarios" report has been added to ResearchAndMarkets.com's offering.
  • This form of hydrogen, which is found in abundance within the Earth's crust, offers an inexhaustible and clean energy source.
  • The key players operating in the white hydrogen market include Helios, Natural Hydrogen Energy LLC, Koloma, Hydroma Inc., H2Au, La Francaise de l Energie SA, Gold Hydrogen Limited, and HyTerra, among others.
  • Competitive Strategy: The key players in the white hydrogen market analyzed and profiled in the study include white hydrogen exploration and extraction companies and upstream service providers.

Greenlane Announces 280-mile Corridor of Commercial EV Charging Stations from Los Angeles to Las Vegas

Retrieved on: 
Wednesday, March 27, 2024

The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.

Key Points: 
  • The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.
  • Over the next year, further locations will be added along the corridor, extending beyond Southern Nevada and to San Pedro in California.
  • More 200 kW DCFC charging options onsite will enable long-duration and overnight charging for heavy-duty tractors, medium-duty ZEVs and school buses.
  • Greenlane aims to develop a nationwide network of commercial charging infrastructure locations across the U.S.

Heliogen, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results; Appoints New CFO

Retrieved on: 
Monday, March 25, 2024

Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer.

Key Points: 
  • Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer.
  • Previously, he served as Senior Vice President and Treasurer of True Blue, Inc. (NYSE: TBI) from November 2016 to March 2022.
  • Heliogen’s Adjusted EBITDA was $(23.9) million and $(79.2) million for the fourth quarter and full year 2023, respectively.
  • The Heliogen management team will host a conference call to discuss its fourth quarter and full year 2023 financial results on Tuesday, March 26, 2024, at 10:00 a.m. EDT.