Proton-exchange membrane

TECO 2030 completes production of the first stack in Narvik

Retrieved on: 
Monday, May 15, 2023

NARVIK, Norway, May 15, 2023 (GLOBE NEWSWIRE) -- TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) completes the first manual fuel cell stack production in Narvik.

Key Points: 
  • NARVIK, Norway, May 15, 2023 (GLOBE NEWSWIRE) -- TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) completes the first manual fuel cell stack production in Narvik.
  • The TECO 2030 Fuel Cell stack is a 100kW Proton Exchange Membrane (PEM) fuel cell stack purposely developed for marine, heavy duty, stationary or mobile power applications.
  • Stack0001Narvik: The first ever TECO 2030 fuel cell stack built in Narvik.
  • TECO 2030 is building up Europe's first giga production facility of hydrogen PEM fuel cell stacks and modules in Narvik, Norway.

Ohmium Appoints Andrea Nicolás to Board Following $250 Million Series C Fundraise

Retrieved on: 
Wednesday, May 3, 2023

Ohmium announced the appointment following a successful Series C investment raise of $250 million in April.

Key Points: 
  • Ohmium announced the appointment following a successful Series C investment raise of $250 million in April.
  • Nicolás has deep experience in the renewable energy sector, corporate finance, risk management and corporate governance.
  • In addition, Nicolás brings with her a wealth of legal experience from a 25-year career at Skadden, Arps, Slate, Meagher and Flom LLP.
  • “I look forward to working with Andrea as we continue to scale up the delivery of our PEM electrolyzers to customers all around the world.”

IperionX Green Hydrogen Market Assessment

Retrieved on: 
Thursday, April 20, 2023

IperionX Limited (“IperionX”) (Nasdaq | ASX: IPX) is pleased to release a presentation on green hydrogen and the critical importance of titanium metal to successfully scale this high growth market.

Key Points: 
  • IperionX Limited (“IperionX”) (Nasdaq | ASX: IPX) is pleased to release a presentation on green hydrogen and the critical importance of titanium metal to successfully scale this high growth market.
  • The attached ‘Green Hydrogen Market Assessment’ presentation highlights that the expected surge in green hydrogen will require very large quantities of titanium - and without significant new investment in new titanium production capacity and far higher rates of titanium recycling - the potential global demand from green hydrogen could be as large as the entire current global titanium market by 2040.
  • In addition to these valuable markets, IperionX is now in commercial discussions with a range of leading international hydrogen companies that want to source low carbon, 100% recycled titanium for green hydrogen electroyzers and fuel cells.
  • Titanium metal for green hydrogen is currently sourced over long distances from high carbon supply chains with traceability issues.

Global Green Ammonia Market to Reach $17.9 Billion by 2030: Enforcement of Regulatory Policies and Provision of Incentives to Reduce GHG Emissions Drives Growth: Research and Markets

Retrieved on: 
Tuesday, March 21, 2023

The green ammonia market is estimated to grow from USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% during the forecast period.

Key Points: 
  • The green ammonia market is estimated to grow from USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% during the forecast period.
  • The primary drivers of the market include the rising demand for combined heat and power plants for small-scale applications.
  • The green ammonia market, by application, is bifurcated into power generation, transportation and industrial feedstocks.
  • The industrial feedstocks segment is expected to be the largest market, followed by power generation during the forecast period.

Green Ammonia Global Market Report 2023: Zero-Carbon Ammonia Has the Potential to Reduce Carbon Emissions and Move Towards Net Zero-Carbon in the Upcoming Decades: Research and Markets

Retrieved on: 
Tuesday, March 21, 2023

Green ammonia refers to the ammonia produced by processes that utilize renewable energy sources such as solar, wind, and hydro.

Key Points: 
  • Green ammonia refers to the ammonia produced by processes that utilize renewable energy sources such as solar, wind, and hydro.
  • In the production of green ammonia, hydrogen is extracted through the electrolysis of water using renewable energy, followed by the Haber-Bosch process.
  • Green Ammonia plays an important role in achieving the net zero-carbon emissions target set by Paris Agreement 2050.
  • Thus, government initiatives expand the scope of green ammonia and create understanding among the market players, which results in driving the global green ammonia market in the forecast period.

DENSO and DENSO Fukushima Launch a Demonstration Project to Realize Carbon-neutral Plant Using Hydrogen

Retrieved on: 
Thursday, March 9, 2023

(1) Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.

Key Points: 
  • (1) Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.
  • Meanwhile, DENSO Fukushima has constructed solar and wind power generation systems on its premises to make its plant carbon neutral.
  • Inspired by the concept of social implementation for the development of future cites using hydrogen and related technologies in Fukushima Prefecture initiated by the Fukushima Prefectural Government and Toyota in June 2021, DENSO and DENSO Fukushima have participated as partner companies in a project to realize carbon-neutral factories by using hydrogen as part of the initiative.
  • DENSO and DENSO Fukushima will embark on a demonstration project in collaboration with Toyota to produce green hydrogen at DENSO Fukushima's plant and use the produced hydrogen in the plant gas furnace.

Toyota to Accelerate Plant Decarbonization Efforts in Fukushima Using Hydrogen

Retrieved on: 
Thursday, March 9, 2023

Toyota City, Japan, Mar 9, 2023 - (JCN Newswire) - Toyota Motor Corporation (Toyota) has been working with Fukushima Prefecture since June 2021 toward the development of new future cities using both hydrogen produced in Fukushima and hydrogen-related technologies developed there.

Key Points: 
  • Toyota City, Japan, Mar 9, 2023 - (JCN Newswire) - Toyota Motor Corporation (Toyota) has been working with Fukushima Prefecture since June 2021 toward the development of new future cities using both hydrogen produced in Fukushima and hydrogen-related technologies developed there.
  • Toyota recently developed new electrolysis equipment that produces hydrogen from electrolyzing water using the FC stack and other technology from the Mirai.
  • Toyota will accelerate its efforts to build a model for the local consumption of locally produced hydrogen, using electrolysis equipment to produce clean hydrogen and combust it in one of the plant's gas furnaces.
  • To this end, Toyota is working with various industry partners in the areas of producing, transporting, storing, and using hydrogen.

DENSO and DENSO Fukushima Launch a Demonstration Project to Realize Carbon-neutral Plant Using Hydrogen

Retrieved on: 
Thursday, March 9, 2023

KARIYA, Japan, March 9, 2023 /PRNewswire/ -- DENSO Corporation and DENSO Fukushima Corporation today announced that they will start a demonstration project at DENSO Fukushima in March 2023 to produce and use green hydrogen at its plant in collaboration with Toyota Motor Corporation as part of the initiative to realize carbon-neutral manufacturing.*1 Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.

Key Points: 
  • *1 Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.
  • Meanwhile, DENSO Fukushima has constructed solar and wind power generation systems on its premises to make its plant carbon neutral.
  • Inspired by the concept of social implementation for the development of future cites using hydrogen and related technologies in Fukushima Prefecture initiated by the Fukushima Prefectural Government and Toyota in June 2021, DENSO and DENSO Fukushima have participated as partner companies in a project to realize carbon-neutral factories by using hydrogen as part of the initiative.
  • DENSO and DENSO Fukushima will embark on a demonstration project in collaboration with Toyota to produce green hydrogen at DENSO Fukushima's plant and use the produced hydrogen in the plant gas furnace.

H2U Technologies and Tokyo Gas Enter Joint Agreement to Develop Low-Cost Electrolyzers

Retrieved on: 
Thursday, March 9, 2023

CHATSWORTH, Calif. , March 9, 2023 /PRNewswire/ -- H2U Technologies and Tokyo Gas Co., Ltd. have partnered under a multi-year Joint Development Agreement (JDA) to discover novel catalysts and develop techniques to apply those catalysts onto membranes. The companies will leverage H2U's proprietary Catalyst Discovery Engin™e (CDE™) to reduce the cost of Proton Exchange Membrane (PEM) electrolyzers.

Key Points: 
  • CHATSWORTH, Calif. , March 9, 2023 /PRNewswire/ -- H2U Technologies and Tokyo Gas Co., Ltd. have partnered under a multi-year Joint Development Agreement (JDA) to discover novel catalysts and develop techniques to apply those catalysts onto membranes.
  • By collaborating with H2U and utilizing the CDE, Tokyo Gas aims to develop low-cost, high-performance, non-iridium catalysts and catalyst-coated membranes, thereby developing an insurance policy against future supply chain issues.
  • "We're very pleased to initiate this joint development agreement with H2U Technologies to discover and evaluate new electrocatalyst compositions," said Executive Officer, Director Dr. Hisataka Yakabe.
  • We're very pleased to work with Tokyo Gas to help them accelerate the delivery of green hydrogen to their customers."

Green Hydrogen Market to Hit $8,120.8 Million by 2030: Cognitive Market Research

Retrieved on: 
Monday, February 20, 2023

CHICAGO, Feb. 20, 2023 /PRNewswire/ -- The Global Green Hydrogen Market size is projected to be USD 8,120.8 Million by 2030 growing at a CAGR of 62.6% from 2023 to 2030, as per a recent report by Cognitive Market Research.

Key Points: 
  • CHICAGO, Feb. 20, 2023 /PRNewswire/ -- The Global Green Hydrogen Market size is projected to be USD 8,120.8 Million by 2030 growing at a CAGR of 62.6% from 2023 to 2030, as per a recent report by Cognitive Market Research.
  • Europe is currently dominating the green hydrogen market as the EU opens the door to 'green' nuclear-derived hydrogen.
  • Major findings During the Analysis of Green Hydrogen Industry:
    Alkaline Water Electrolyser Technology is projected to garner significant market share as it is the most matured green hydrogen technology.
  • Moreover, Air Liquide and Siemens Energy formed a joint venture for the European production of large-scale renewable hydrogen electrolyzers
    North American region will grow exponentially with the highest CAGR in the green hydrogen market owing to the rising demand and production of green hydrogen.