The US government says electrolysis could reduce clean-hydrogen production costs to $1/kg by 2031, while ABI Research claims the global levelized cost of hydrogen (LCOH) will become cost-competitive by the end of this decade, dropping to $2.50/kg.
BMW Group says it will switch its Regensburg plant logistics to hydrogen by 2026, replacing electric vehicles with hydrogen-powered forklifts and tugger trains, while Exolum has launched a new business line to offer integrated logistics solutions across the hydrogen value chain
The Italian authorities have chosen 540 projects, totaling 1.5 GW, in the nation’s first agrivoltaics tender.
European researchers have told pv magazine that hydrogen production costs are often underestimated in prefeasibility studies, while the South Korean authorities have reported a rise in deals for large-scale hydrogen consumption projects.
McLaren Applied Group has purchased Italian inverter manufacturer Fimer for an undisclosed sum through its subsidiary, MA Solar Italy Ltd. The deal, which includes Fimer’s business assets, will help McLaren Applied expand its core operations.
The Oxford Institute for Energy Studies says addressing hydrogen leakage across the supply chain is crucial to making hydrogen a sustainable energy vector. Italy, meanwhile, has unveiled its national hydrogen strategy, with a focus on its role in the Mediterranean.
The US Department of Energy has revealed plans to allocate up to $1.2 billion for a hydrogen hub in Texas and the Gulf Coast and up to $1 billion for a similar project spanning Illinois, Indiana, Iowa, and Michigan.
The European Commission, Austria, Lithuania, and Spain have announced new financial support measures for renewable hydrogen development as the European Union prepares for the second European Hydrogen Bank auction.
Italian heterojunction module manufacturer 3Sun says it started production at its factory in Catania, Italy, in September.
Portuguese researchers say that raw materials are not a major concern for the European supply chain, while Mibgas Derivatives and DH2 Energy have launched the Iberian Peninsula’s first renewable hydrogen auction.
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