Plug Power reported an almost 6-fold increase in electrolyzer revenues in 2024, despite the financial troubles. Meanwhile, Finland’s first large-scale plant goes into operation.
US researchers say hydrogen’s climate impact depends primarily on production methods and feedstock emissions, while Nikola Corp. has recalled 95 hydrogen-powered trucks and filed for Chapter 11 bankruptcy.
Deepak Pahwa, chairman of Pahwa Group and managing director of Bry-Air, tells pv magazine that the company has developed an air-to-water generation prototype for a green hydrogen project in the Indian desert, with plans to scale up to 500 units for large-scale hydrogen production.
Air Products is pulling out of three US projects due to unfavorable economics and regulatory changes. The company says it remains focused on its Neom green project in Saudi Arabia and the Louisiana Clean Energy Complex
The Spanish government allocated €1.2 billion ($1.26 billion) for seven green hydrogen clusters concentrated in Aragon and Andalusia. Meanwhile, an EU consortium started its work to develop diagnostic and monitoring tools for water electrolyzers.
In an exclusive interview with pv magazine, ACWA Power CEO Marco Arcelli said the Saudi energy giant is currently exploring opportunities to build a hydrogen corridor between Europe and the Middle East and North Africa. He spoke about the company’s current 2 GW hydrogen project in Neom and presented the company’s plans for renewable energy and desalination.
Aotearoa-based green hydrogen solutions company Fabrum has opened an advanced liquid hydrogen test facility in partnership with Christchurch International Airport, believed to be the first at an airport that can provide hydrogen on demand.
As Saudi-Algerian researchers report on the northern African country’s hydrogen potential, Denmark’s GreenGo Energy starts its 6 GW electrolysis hydrogen project in Mauritania.
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
The Oxford Institute for Energy Studies (OIES) says China’s efforts to cut electrolyzer costs could follow its success in solar, but will not guarantee dominance in global supply chains.
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