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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

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Honeywell introduces Liquid Organic Hydrogen Carrier

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Honeywell UOP has introduced its Liquid Organic Hydrogen Carrier (LOHC), a solution that enables the long-distance transportation of clean hydrogen. This cost-effective solution can help meet the growing requirements for hydrogen use across various industries by leveraging existing refinery and transportation infrastructure.

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BMW Group begins production of small-series hydrogen-powered iX5

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The BMW Group is commencing production of its BMW iX5 Hydrogen model. Manufacture of the small-series hydrogen-powered vehicle is taking place in the pilot plant at its Munich Research and Innovation Centre (FIZ). Hydrogen is a versatile energy source that has a key role to play as we progress towards climate neutrality.

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JCB unveils hydrogen engine at Conexpo

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inline-four hydrogen combustion engine (448 ABH2)—the company’s zero-carbon emissions solution for construction and agricultural equipment—at the Conexpo 2023 show in Las Vegas as part of the International Fluid Power Exposition (IFPE). JCB has also installed one of the hydrogen engines into a 7.5

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Haldor Topsoe to build large-scale SOEC electrolyzer manufacturing facility to meet customer needs for green hydrogen

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Haldor Topsoe will invest in a manufacturing facility producing highly efficient solid oxide electrolyzers (SOEC) with a total capacity of 500 megawatt per year with the option to expand to 5 gigawatt per year. The SOEC is a ceramic cell that uses electricity to split water molecules (H 2 O) into hydrogen (H 2 ) and oxygen (O 2 ).

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UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

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As part of a larger £90 million (US$117 million) package of awards to cut carbon emissions in industry and homes, the UK is awarding £28 million (US$36.5 million) to five demonstration phase projects for low-carbon hydrogen production. The hydrogen projects receiving funding are: Dolphyn. Acorn Hydrogen Project.

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Aramco to explore hydrogen-powered vehicle business with Gaussin

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The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions. Gaussin hydrogen-powered Dakar racer. Additional MoUs.