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H2X Global secures US$57M from Verde Mobility to deliver on US$300M in fuel cell vehicle orders

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Australia-based hydrogen fuel cell vehicle company H2X Global recently secured a US$57-million deal with US-based firm, Verde Mobility Inc., Verde plans to invest in further infrastructure development, giving H2X Global expanded access to manufacturing and distribution facilities.

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Ballard signs MOU with Global Energy Ventures for development of fuel-cell-powered hydrogen carrier C-H2

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Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. Artist rendering of Global Energy Ventures’ fuel cell-powered C-H 2 Ship, to be powered by a Ballard system as it transports compressed green hydrogen. Earlier post.).

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC.

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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

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TECO 2030 ( earlier post ) is aiming to establish Norway’s first large-scale production of fuel cells, optimized to be the heart of hydrogen-powered ships and other heavy-duty installations. This will be the first volume production of fuel cells in Norway and a hub for the Norwegian hydrogen industry. gigawatt, per year.

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ADEME awarding €3.1M to Global Bioenergies and IBN-One plant project

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Global Bioenergies will soon be receiving €2.6 Global Bioenergies will soon be receiving €2.6 Financing a first of its kind plant, based on an innovative technology is always a challenge. —Marc Delcourt, CEO of Global Bioenergies. Global Bioenergies and Cristal Union created the joint venture IBN-One.

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Renault outlines initial HYVIA hydrogen fuel cell vehicle and infrastructure offerings

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In June, Renault Group and Plug Power launched their hydrogen fuel cell and infrastructure joint venture HYVIA. Assembly of fuel cells and hydrogen refueling stations begins at Renault’s Flins factory in late 2021. A range of financing options and maintenance services will also be offered. Earlier post.)

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