Electrolysis

Hy Stor Energy Champions Strict Hydrogen Standards that Prioritize Decarbonization and Climate

Retrieved on: 
Tuesday, December 12, 2023

JACKSON, Miss. and GULFPORT, Miss. and DUBAI, United Arab Emirates, Dec. 12, 2023 (GLOBE NEWSWIRE) -- COP28 -- Hy Stor Energy, a company pioneering carbon-free renewable hydrogen production and long-duration storage at scale, today reconfirmed its unwavering support for stringent, climate-aligned standards for “Clean Hydrogen” in the United States. The U.S. Treasury is expected to announce crucial guidance soon that will govern qualification for the Internal Revenue Code Section 45V production tax credit for hydrogen meeting specific standards. As a leader in carbon-free hydrogen production and storage, Hy Stor Energy supports the inclusion in the Treasury’s upcoming Section 45V guidance of the requirement that “clean” hydrogen eligible for the maximum tax credit be produced with electric energy satisfying the “three pillars” of additionality, regionality and time matching. Hy Stor Energy is aligned with industry collaborators and commercial partners, industrial end-users, and off-takers who have required the three-pillar approach in their pursuit of long-term off-take agreements for clean hydrogen.

Key Points: 
  • With the U.S. Treasury’s guidelines on the definition of clean hydrogen looming, Hy Stor Energy, along with industry leaders and customers, supports climate-aligned standards that account for additionality, regionality and time matching
    JACKSON, Miss.
  • and DUBAI, United Arab Emirates, Dec. 12, 2023 (GLOBE NEWSWIRE) -- COP28 -- Hy Stor Energy , a company pioneering carbon-free renewable hydrogen production and long-duration storage at scale, today reconfirmed its unwavering support for stringent, climate-aligned standards for “Clean Hydrogen” in the United States.
  • As a leader in carbon-free hydrogen production and storage, Hy Stor Energy supports the inclusion in the Treasury’s upcoming Section 45V guidance of the requirement that “clean” hydrogen eligible for the maximum tax credit be produced with electric energy satisfying the “three pillars” of additionality, regionality and time matching.
  • Hy Stor Energy is aligned with industry collaborators and commercial partners, industrial end-users, and off-takers who have required the three-pillar approach in their pursuit of long-term off-take agreements for clean hydrogen.

GE Vernova and Next Hydrogen Sign MoU to Integrate Electrolysis Technology with Power Systems to Produce Green Hydrogen

Retrieved on: 
Tuesday, November 21, 2023

GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with Power Conversion’s power systems offerings to produce green hydrogen

Key Points: 
  • GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with Power Conversion’s power systems offerings to produce green hydrogen
    PITTSBURGH and MISSISSAUGA, Ontario, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with GE Vernova’s power systems offerings to produce green hydrogen.
  • The integration of GE Vernova’s power conversion technology provides Next Hydrogen water electrolyzers with direct current (DC) power sourced from renewable energy, including solar, wind, and hydro.
  • GE Vernova’s Power Conversion will integrate DC power supplies along with power quality such as synchronous condensers, energy storage, motors and drives for compression and water, and controls with Energy Management (EMS).
  • In its inaugural phase, GE Vernova and Next Hydrogen plan to pioneer advanced power systems that align with the forthcoming generation of Next Hydrogen electrolyzers, which are scheduled to launch in 2024.

Bloom Energy and SK ecoplant Collaborate on a Major Hydrogen Project to be Developed by Korea Southern Power Co., Ltd

Retrieved on: 
Wednesday, December 27, 2023

For this project, SK and Bloom will combine the Bloom Electrolyzer™ with SK’s engineered infrastructure to produce hydrogen ready to be used as transport fuel.

Key Points: 
  • For this project, SK and Bloom will combine the Bloom Electrolyzer™ with SK’s engineered infrastructure to produce hydrogen ready to be used as transport fuel.
  • Launched in 2018, the strategic partnership between Bloom Energy and SK ecoplant has strengthened their respective market leadership positions in power generation and the global hydrogen economy.
  • SK ecoplant will be a preferred distributor globally for Bloom Energy solid oxide fuel cells (SOFC) and SOEC in markets where SK ecoplant has a significant presence and competitive advantage.
  • Bloom Energy and SK ecoplant have deployed 400 MW since the beginning of the partnership.

EQS-News: thyssenkrupp nucera Grew Strongly in the 2022/2023 Financial Year

Retrieved on: 
Monday, December 25, 2023

In the field of CA electrolysis, thyssenkrupp nucera acquired major orders, particularly in the US and Brazil.

Key Points: 
  • In the field of CA electrolysis, thyssenkrupp nucera acquired major orders, particularly in the US and Brazil.
  • thyssenkrupp nucera more than tripled its net income after taxes to EUR 22.5 million (previous year: EUR 6.0 million).
  • Participation in the thyssenkrupp Group's cash pool ended in June 2023. thyssenkrupp nucera significantly increased its net financial assets as a result of the successful IPO on July 7, 2023.
  • The available liquidity of thyssenkrupp nucera amounted to EUR 767.0 million as of September 30, 2023 (previous year: EUR 27.3 million).

Green hydrogen company H2PLT, founded by Sisco Sapena, files to go public on Spain’s BME Scaleup

Retrieved on: 
Monday, November 20, 2023

MADRID, Spain, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Green hydrogen company H2PLT has officially filed its application to go public on BME Scaleup, the new trading segment of Spain's stock exchange.

Key Points: 
  • MADRID, Spain, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Green hydrogen company H2PLT has officially filed its application to go public on BME Scaleup, the new trading segment of Spain's stock exchange.
  • H2PLT has developed a modular and replicable green hydrogen mini-generation ecosystem, which uses hydrogen as a reelectrification vector and in applications in electro-powered stations.
  • The company's Power-to-Power system allows green hydrogen to be converted into electricity through fuel cells.
  • The company focuses on promoting electrified mobility through "H2aX" applications and the development of small photovoltaic plants exclusively for green hydrogen generation.

Asahi Kasei invests in Canadian manufacturer of anion exchange membranes

Retrieved on: 
Wednesday, December 6, 2023

Japanese diversified global manufacturer Asahi Kasei has made an investment in Ionomr Innovations Inc., a Canadian startup that manufactures anion exchange membrane (AEM).

Key Points: 
  • Japanese diversified global manufacturer Asahi Kasei has made an investment in Ionomr Innovations Inc., a Canadian startup that manufactures anion exchange membrane (AEM).
  • View the full release here: https://www.businesswire.com/news/home/20231206219655/en/
    Ionomr’s Aemion+™ anion exchange membrane products.
  • Founded in 2018, Ionomr specializes in the development and sale of next-generation membranes for use in electrolyzers and other applications.
  • “We are delighted to welcome Asahi Kasei as a financial partner,” said Bill Haberlin, CEO of Ionomr Innovations.

Asahi Kasei launching demonstration trial on rental service for chlor-alkali electrolysis cells in Europe

Retrieved on: 
Tuesday, December 5, 2023

Asahi Kasei is launching a demonstration trial of a rental service for chlor-alkali electrolysis cells in Europe with Nobian GmbH and LOGISTEED Europe B.V. Headquartered in North Rhine-Westphalia, Germany, Nobian is one of Europe's leading chlor-alkali1 companies.

Key Points: 
  • Asahi Kasei is launching a demonstration trial of a rental service for chlor-alkali electrolysis cells in Europe with Nobian GmbH and LOGISTEED Europe B.V. Headquartered in North Rhine-Westphalia, Germany, Nobian is one of Europe's leading chlor-alkali1 companies.
  • As one solution, Asahi Kasei has decided to launch a rental service of chlor-alkali electrolysis cells in Europe with Nobian and LOGISTEED Europe as a first step towards realizing a circular economy of precious metals and other metals.
  • The replacement cells are maintained at Asahi Kasei’s certified repair sites after each use, and then reused among multiple customers in Europe.
  • In the rental service demonstration trial, Asahi Kasei and Nobian will identify operational issues and optimize the content of the service.

Adani Power to Co-fire Green Ammonia at its Mundra Plant for a Sustainable Future

Retrieved on: 
Wednesday, November 29, 2023

As part of the project, the Mundra Plant, which is India’s largest private sector power plant, will co-fire up to 20% green ammonia in the boiler of a conventional coal fired 330MW Unit.

Key Points: 
  • As part of the project, the Mundra Plant, which is India’s largest private sector power plant, will co-fire up to 20% green ammonia in the boiler of a conventional coal fired 330MW Unit.
  • Green ammonia, produced from green hydrogen, which in turn is produced through electrolysis using renewable energy, would be a feedstock for the boilers.
  • Combustion tests at IHI’s facility in Japan have begun with 20% ammonia blend, simulating Mundra Power Station equipment.
  • The Mundra plant is the first location outside of Japan to have been selected for this cutting-edge green initiative.

H2U and De Nora Enter Research & Development Agreement to Discover High-Performance Materials for Green Hydrogen Production

Retrieved on: 
Monday, December 18, 2023

CHATSWORTH, Calif., Dec. 18, 2023 /PRNewswire/ -- H2U Technologies, a next-generation electrolyzer developer, and De Nora, the world's largest supplier of high-performing catalyst-coated membranes, today announced an R&D agreement to identify and develop low-cost, high-performance electrocatalysts for hydrogen production through water electrolysis. These catalysts will enable the market presence of affordable green hydrogen, thereby addressing a specific market need, facilitating the expansion of the hydrogen value chain and driving the energy transition.

Key Points: 
  • These catalysts will enable the market presence of affordable green hydrogen, thereby addressing a specific market need, facilitating the expansion of the hydrogen value chain and driving the energy transition.
  • This R&D agreement follows H2U's prior collaboration with De Nora to further leverage H2U's exclusive Catalyst Discovery Engine™ (CDE™) to pioneer groundbreaking electrocatalysts that can be used in systems for water electrolysis-based hydrogen production.
  • "We are pleased to continue our partnership with H2U Technologies," said Christian Urgeghe, Chief Technology Officer of De Nora.
  • "With H2U utilizing ultra-high efficiency and speed electrocatalyst screening technology, De Nora aims to further consolidate its leadership position in the hydrogen segment."

Dutch state joins offshore green hydrogen pilot PosHYdon via EBN

Retrieved on: 
Monday, December 18, 2023

 THE HAGUE, The Netherlands, Dec. 18, 2023 /PRNewswire/ -- Michel Heijdra, Director-General for Climate and Energy at the Ministry of Economic Affairs and Climate Policy: "We are on the eve of the large-scale development of the North Sea as an engine for the energy transition. Electrolysis at sea will play an important role in this. In PosHYdon, the first steps are being taken to achieve this. That is why the Ministry of Economic Affairs and Climate Policy sees this as an essential project. EBN's participation in the consortium guarantees a sufficiently large size of the project and ensures that the lessons learned are taken into account in the future."

Key Points: 
  • The Dutch state is stepping in as an active partner in PosHYdon through Energie Beheer Nederland (EBN).
  • In this pilot, green hydrogen will be produced on an operational gas platform.
  • The pilot is essential for the development of large-scale production of green hydrogen at sea and thus for the energy transition in the Netherlands and Northwest Europe.
  • Jan Willem van Hoogstraten, CEO of Energie Beheer Nederland: "PosHYdon plays a key role in the realisation of the green hydrogen economy.