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.
H-TEC will be able to produce more than 1 GW of electrolyzers starting next year. “We installed the first production lines and will have our official opening in September this year,” Maximilian Kuhnert, sales manager at H-TEC, told pv magazine.
In November 2022, Germany’s Energie Baden Württemberg and steelmaker Salzgitter Group signed one of Europe’s first power purchase agreements (PPAs) for hydrogen production. More have followed and with the European Union introducing rules to govern green hydrogen, an industry is planning for its future.
The US government has identified the hydrogen sector as a key energy opportunity, while Hystar has signed its first PEM electrolyzer deal and Plug Power has agreed to supply fuel cells for long-term storage during emergencies in California.
The Clean H2 Infra Fund has closed with new investors to mobilize up to €20 billion ($19.4 billion) of investment capacity over the next six years for heavy mobility and energy-intensive industries. Toshiba has revealed new production tech for electrolysis electrodes that slashes iridium use, while Hyundai Heavy Industries has kicked off a demo project for fuel cell vessels.
An Austrian consortium has developed a hydrogen generation, storage and fueling station along with fuel cell-propelled snowmobiles. The team was so certain of the readiness of the solution they launched it during an FIS World Cup skiing event.
Although light on detail, Hydrogenics Corp’s announcement of an electrolyzer project win appears to signal the North American nation has swelled the number of power-to-gas schemes worldwide – and this one should be in operation next year.
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