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Technology & Innovation

World’s most compact marine hydrogen fuel cell in the making

Norwegian cleantech company TECO 2030 has elaborated on “the world’s most power-dense marine and heavy-duty hydrogen fuel cell module”, the FCM400.

about 3 years ago

Technology & Innovation

CMB.TECH, DBR to build dual-fuel H2 gensets for marine applications

Belgium-based shipping and cleantech company CMB.TECH and Dutch full-service provider of power solutions DBR have partnered up to develop what is said to be the first dual-fuel hydrogen gensets for marine applications, aiming to accelerate the decarbonization of the maritime industry. DBR offers exp

about 3 years ago

Technology & Innovation

EU backs Dutch hydrogen innovator Battolyser Systems with €40 million

Supported by a guarantee from the InvestEU Fund, the European Investment Bank (EIB) has signed a €40 million financing deal with Dutch hydrogen innovator Battolyser Systems. According to EIB, the financing will enable Battolyser to scale its production facility in Rotterdam towards mass production o

about 3 years ago

Technology & Innovation

DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050

Renewable and low-carbon hydrogen is expected to play an important role in decarbonizing and reducing emissions from hard-to-electrify sectors and reaching the Paris Agreement climate goals. While these targets require hydrogen to account for approximately 15% of the world’s energy demand by 2050, D

about 3 years ago

Technology & Innovation

Everfuel-Hy24 JV all set to work on green hydrogen infrastructure in the Nordics

Everfuel, a Denmark-based green hydrogen company, and Hy24, managing the world’s largest clean hydrogen infrastructure fund, have completed the transaction establishing the joint venture (JV) to begin financing the development of electrolyzer capacity across the Nordics. The parties announced the cr

about 3 years ago

Technology & Innovation

Hexagon Purus to deliver hydrogen fuel storage system for training ship in Norway

Danish Hvide Sande Shipyard has ordered a hydrogen fuel storage system for a training ship from Hexagon Purus Maritime, a wholly-owned subsidiary of Norwegian Hexagon Purus. Under the purchase order, Hexagon Purus Maritime will deliver its hydrogen fuel storage system incorporating type 4 hydrogen c

about 3 years ago

Technology & Innovation

KBR nets blue hydrogen tech and FEED contract for EET Hydrogen HPP2 unit

U.S. engineering company KBR has been awarded a blue hydrogen process technology and front-end engineering design (FEED) contract by Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, for its planned HPP2 low-carbon hydrogen facility at HyNet, the UK’s industrial decarbonization project. Under th

about 3 years ago

Technology & Innovation

Global low-emissions hydrogen growth threatened by lack of policy support and high costs, IEA report shows

While interest in new low-emissions hydrogen is on the rise, the slow roll-out of financial incentives and cost pressures put investment plans for future projects at risk, according to a new report published by the International Energy Agency (IEA). The latest edition of the IEA’s annual Global Hydr

about 3 years ago

Technology & Innovation

Hanwha and affiliates to establish clean hydrogen value chain

South Korean Hanwha Group has announced the potential creation of a comprehensive clean hydrogen value chain through collaboration with seven of its affiliates, Hanwha Corporation, Hanwha Energy, Hanwha Solutions, Hanwha Aerospace, Hanwha Ocean, Hanwha Impact and Hanwha Power Systems. The hydrogen v

about 3 years ago

Technology & Innovation

US DOE to hand out $47.7 million to advance clean hydrogen technologies

The U.S. Department of Energy (DOE) has announced $47.7 million in funding for 16 research, development and demonstration (RD&D) projects across 13 U.S. states to advance clean hydrogen technologies. Managed by the Hydrogen and Fuel Cell Technologies Office (HFTO), DOE said the projects will focus o

about 3 years ago

Technology & Innovation

JERA invests in CO2 capture and hydrogen storage tech company

Japan’s energy major JERA, through JERA Ventures, has invested approximately £1 million ($1.24 million) in Immaterial, a UK company that aims to accelerate the energy transition with its CO2 capture and hydrogen storage technologies. JERA said it will support startup growth and cocreation by offerin

about 3 years ago

Technology & Innovation

DNV okays HD KSOE’s hydrogen system for liquefied hydrogen carrier

Classification society DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.

about 3 years ago

Technology & Innovation

McDermott firm gets DNV’s blessing for liquid hydrogen cargo containment system

McDermott’s unit CB&I has obtained approval in principle (AiP) from classification society DNV for its design of a liquid hydrogen (LH2) cargo containment system for gas carriers. CB&I developed the containment system in collaboration with Shell International Trading and Shipping Company Limited. Th

about 3 years ago