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ITM Power formally awarded grant for 1-GW electrolyser line
UK electrolyser manufacturer ITM Power Plc (LON:ITM) said today it has been formally awarded the previously announced UK government grant of GBP 46.5 million (USD 62.3m/EUR 54.5m) to support a 1-GW manufacturing line for the company’s next-generation stack Chronos.
Commenda Capital to help finance DRIFT hydrogen production vessels
UK start-up DRIFT Energy on Tuesday said it has signed an exclusive strategic framework with maritime investment firm Commenda Capital Partners to support the commercial deployment of its wind-powered hydrogen production vessels.
Thyssenkrupp Nucera, BHEL partner on electrolyser production in India
German electrolysis technology company Thyssenkrupp Nucera AG & Co KgaA (ETR:NCH2) and Indian state‑owned engineering and manufacturing company Bharat Heavy Electricals Ltd (BOM:500103), or BHEL, have teamed up to manufacture alkaline water electrolysers for green hydrogen projects in India.
ACWA awarded exclusive right to export Saudi green hydrogen
Saudi Arabian power and water desalination company ACWA Power (TADAWUL:2082) said today it has secured government approval granting it exclusive right to export green hydrogen and its derivatives produced in Saudi Arabia to international markets.
Plug to supply electrolysers for 50-MW hydrogen project in Australia
US hydrogen company Plug Power Inc (NASDAQ:PLUG) said today it will supply its GenEco proton exchange membrane (PEM) electrolysers for the 50-MW Hunter Valley Hydrogen Hub (HVHH) project in Australia that recently reached final investment decision (FID).