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Global Green Hydrogen Market Outlook & Forecast 2024-2029, Featuring Key Player Profiles of Nel, ITM Power, ENGIE, Siemens Energy and Air Products and Chemicals - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024
Chemicals, Plastics, Environment, Manufacturing, Alternative Energy, Green Technology, Energy, Hydrogen, Carbon, Electricity, International Energy Agency, Methanol, Growth, Heat, Steel, Solar energy, Knowledge, Aviation, PEM, Air Products, Wind, GCC, MENA, Air Liquide, Oxygen, Linde, Ammonia, IEA, MEA, USD, Government, Electrolysis, Gulf Cooperation Council, Renewable energy

The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.

Key Points: 
  • The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.
  • Presently, the European region stands out as a leader in implementing green hydrogen commercialization plants and supports the growth of the green hydrogen market.
  • The global green hydrogen market is marked by a diverse competitive landscape, encompassing various technologies and players across different segments.
  • Several companies actively contribute to the industry's development, with competition arising from traditional hydrogen production methods, green hydrogen technology providers, and companies selling green hydrogen as an end product.

HYCO1 Announces the Addition of Three New Vice Presidents: Sairam Valluri, Vice President of Engineering; Ryan Hennes, Vice President of Projects; and Curtis Carmack; Vice President of Strategic Development and General Counsel.

Retrieved on: 
Tuesday, April 2, 2024
Dow Chemical Company, Dorsey & Whitney, Attention, Master, Entrepreneurship, Environment, Brigham Young University, University, Andhra University, BlackRock, Sayram, LyondellBasell, Doctor of Philosophy, Kansas State University, MBA, Bachelor, Juris Doctor, ICM, CO2, Innovation system, Linde, Lehman Brothers, Chemical engineering, Drexel University, Dream Team, Management

He was responsible for managing greenfield ethanol projects, retrofitting existing ethanol facilities, and leading the international project development team.

Key Points: 
  • He was responsible for managing greenfield ethanol projects, retrofitting existing ethanol facilities, and leading the international project development team.
  • Ryan will serve as HYCO1's Vice President, Projects and will lead projects from their initial design through construction and into commercial operations.
  • "We are creating a Dream Team in Houston to show the world that we have SOLVED CO2.
  • I am super excited to have Sairam, Ryan, and Curtis on the HYCO1 team."

Global Green Hydrogen Market Outlook & Forecast 2024-2029 - Surging Demand for Solid Oxide Electrolysis Cells (SOEC) Technology and Rising Applications of Green Hydrogen Drives Market Growth

Retrieved on: 
Wednesday, March 20, 2024
Hydrogen, Carbon, Electricity, International Energy Agency, Methanol, Growth, Heat, Steel, Solar energy, Knowledge, Aviation, PEM, Air Products, Wind, GCC, MENA, Air Liquide, Oxygen, Linde, Ammonia, IEA, MEA, USD, Government, Electrolysis, Gulf Cooperation Council, Renewable energy

DUBLIN, March 20, 2024 /PRNewswire/ -- The "Global Green Hydrogen Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 20, 2024 /PRNewswire/ -- The "Global Green Hydrogen Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Presently, the European region stands out as a leader in implementing green hydrogen commercialization plants and supports the growth of the green hydrogen market.
  • The global green hydrogen market is marked by a diverse competitive landscape, encompassing various technologies and players across different segments.
  • Several companies actively contribute to the industry's development, with competition arising from traditional hydrogen production methods, green hydrogen technology providers, and companies selling green hydrogen as an end product.

The 42nd Edition of Seafood Expo North America/Seafood Processing North America, Opens in Boston to Seafood Professionals from Around the World

Retrieved on: 
Sunday, March 10, 2024
Expo, Social media, Artificial intelligence, Return, Diversified Communications, Restaurant, Marketing, International economics, Pacific Seafood, Marel, Brown University, Beaver Street (Manhattan), Linde, ESG, Aquaculture, Career, Convention center, Politics, Populism, Outlook, Supermarket, Food industry

PORTLAND, Maine, March 10, 2024 /PRNewswire-PRWeb/ -- Seafood Expo North America/Seafood Processing North America, produced by Diversified Communications, opens in Boston for its 42nd edition with a bustling exhibit hall filled with seafood suppliers, services, processing and packaging equipment companies from around the world.

Key Points: 
  • PORTLAND, Maine, March 10, 2024 /PRNewswire-PRWeb/ -- Seafood Expo North America/Seafood Processing North America, produced by Diversified Communications, opens in Boston for its 42nd edition with a bustling exhibit hall filled with seafood suppliers, services, processing and packaging equipment companies from around the world.
  • The Seafood Expo North America exhibit hall features seafood companies displaying a variety of fresh, frozen, canned, value-added, processed, and packaged seafood products.
  • The Seafood Processing North America exhibit hall showcases market-leading processing and packaging equipment companies, along with logistics services and other service providers.
  • Seafood industry buyers and professionals can learn more about Seafood Expo North America/Seafood Processing North America and register to attend by visiting seafoodexpo.com/north-america.

Hexagon Purus ASA: Results for the fourth quarter 2023

Retrieved on: 
Tuesday, February 13, 2024
Hydrogen, NOK, Hexagon, Nikola, USD, Investment, Daimler, Growth, Mitsui, Linde, Ford, Tata Daewoo, Air Liquide, New Flyer, FID, Video game

Full-year 2023 revenue ended at NOK 1,320 million, up 37% year-over-year;

Key Points: 
  • Full-year 2023 revenue ended at NOK 1,320 million, up 37% year-over-year;
    EBITDA ended at NOK -129 million in the fourth quarter of 2023.
  • “2023 has been an exciting and eventful year for Hexagon Purus, where we achieved significant growth from last year.
  • In the fourth quarter of 2023, Hexagon Purus (“the Company” or “the Group”) generated NOK 366 million in revenue.
  • Hexagon Purus’ order backlog, consisting of firm customer purchase orders, stood at approximately NOK 1.3 billion as of the fourth quarter of 2023, with the vast majority for execution during 2024.

Global Hydrogen Generation Market Revenue to Surpass $225.78 Billion by 2030, with North America Leading the Market With Robust Commitment Toward Clean Energy Solution, Estimates Kings Research

Retrieved on: 
Friday, February 9, 2024
Carbon, Transport, Hydrogen, Investment, Growth, Steel, Fertilizer, Ammonia, Research, Chemical industry, Linde, Natural gas

Based on source, the market is bifurcated into green hydrogen, blue hydrogen, and gray hydrogen.

Key Points: 
  • Based on source, the market is bifurcated into green hydrogen, blue hydrogen, and gray hydrogen.
  • The gray hydrogen segment led the global hydrogen generation market by accruing the largest market share in 2022.
  • Gray hydrogen, derived from natural gas through fossil fuel-based processes, stands as the least sustainable variant of hydrogen.
  • The hydrogen generation market is witnessing a robust surge driven by a global push toward decarbonization and a transition to clean energy sources.

Global Hydrogen Generation Market Revenue to Surpass $225.78 Billion by 2030, with North America Leading the Market With Robust Commitment Toward Clean Energy Solution, Estimates Kings Research

Retrieved on: 
Friday, February 9, 2024
Carbon, Transport, Hydrogen, Investment, Growth, Steel, Fertilizer, Ammonia, Research, Chemical industry, Linde, Natural gas

Based on source, the market is bifurcated into green hydrogen, blue hydrogen, and gray hydrogen.

Key Points: 
  • Based on source, the market is bifurcated into green hydrogen, blue hydrogen, and gray hydrogen.
  • The gray hydrogen segment led the global hydrogen generation market by accruing the largest market share in 2022.
  • Gray hydrogen, derived from natural gas through fossil fuel-based processes, stands as the least sustainable variant of hydrogen.
  • The hydrogen generation market is witnessing a robust surge driven by a global push toward decarbonization and a transition to clean energy sources.

Cleveland-Cliffs Completes Successful Blast Furnace Hydrogen Injection Trial at Indiana Harbor #7 Blast Furnace

Retrieved on: 
Friday, January 26, 2024
Environment, Steel, Automotive Manufacturing, Manufacturing, Sustainability, Machinery, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Natural Resources, Blast furnace, Hydrogen, Cleveland-Cliffs, Linde, GHG, HBI, Iron

Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed a hydrogen (H2) injection trial at its Indiana Harbor #7 blast furnace, the largest blast furnace in North America.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed a hydrogen (H2) injection trial at its Indiana Harbor #7 blast furnace, the largest blast furnace in North America.
  • This represents the second Cleveland-Cliffs blast furnace to utilize hydrogen as a reductant and fuel source, following the successful trial at Middletown Works in May of 2023.
  • Indiana Harbor #7 is among the largest blast furnaces in the entire world, both in size and production capacity.
  • Cliffs recently completed the commissioning of the hydrogen pipeline at Indiana Harbor, which was used for this trial.

Forklifts Group Opens Modern, Strategically Located Headquarters in Grove City, Jackson Twp., Ohio

Retrieved on: 
Monday, January 22, 2024
Interstate Highway System, RSVP, Bobcat, Linde, Interstate 71, Hydraulics, Growth, Management

The newly constructed 20,480-square-foot building will be the Forklifts Group Headquarters, serving the greater Columbus area for new and used equipment sales, rentals, parts and service.

Key Points: 
  • The newly constructed 20,480-square-foot building will be the Forklifts Group Headquarters, serving the greater Columbus area for new and used equipment sales, rentals, parts and service.
  • "We are thankful to all who have made this milestone possible, including our ownership group, employees, community leaders, manufacturing partners, and most importantly, our customers," said Bill St. John, Forklifts Group President.
  • "This investment exemplifies our commitment to continued growth and positions us to serve our current and future customers well into the future."
  • The Forklifts Group technician hiring event will follow the ribbon cutting ceremony at the headquarters on Jan. 29 from 11 a.m. to 5 p.m. Visit our new headquarters for light refreshments and the chance to kickstart your career.

IDTechEx Reports on Hydrogen's Decade Ahead: Energizing the Future

Retrieved on: 
Monday, January 15, 2024
Hydrogen, Methanol, Pipeline, Research, LH2, Air Products, AWE, Chiyoda Corporation, Electricity, LOHC, CHP, KOH, Steel, Uniper, DRI, SMR, Growth, CO2, Bev, LCOH, Aviation, Renewable energy, Heat, Policy, Climate change mitigation, LRC, Transport, Kawasaki Heavy Industries, Linde, Nickel, PGM, Toyota, Ammonia, Atmospheric pressure, Investment, Hyundai, Nafion, PEM, Plant, Iridium, Iron, Natural gas, Port, HESC, Traction, Suiso Frontier, CCUS, Shaheen Foundation, Methane, Distribution, Nexø, Platinum, Mirai, ATR, Air Liquide, POX, Daimler Truck

IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.

Key Points: 
  • IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.
  • However, IDTechEx predicts AWE and PEMEL will lead the market in the coming decade due to their established presence.
  • Major steelmaking companies view this as the future of sustainable steel, anticipating it to replace carbon-intensive blast furnace processes.
  • IDTechEx offer access to the full portfolio of energy related research through bespoke subscription services – visit www.IDTechEx.com/Energy to find out more.