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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.

Hydrogen 473
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Toyota, Air Liquide and CaetanoBus partner to accelerate the development of hydrogen mobility in Europe

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Air Liquide, CaetanoBus and Toyota Motor Europe have signed a Memorandum of Understanding with the aim of developing integrated hydrogen solutions. This will include infrastructure development and vehicle fleets to accelerate the expansion of hydrogen mobility for both light- and heavy-duty vehicles. Concept of hydrogen ecosystem.

Hydrogen 413
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Toyota to supply its hydrogen fuel cell systems technology to Caetanobus SA (Portugal) Europe

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Toyota announced that it will provide its hydrogen fuel cell technology to Caetanobus SA in Portugal. Toyota will supply its fuel cell systems, including fuel cell stacks, hydrogen tanks and other key components to Caetanobus SA—the Portuguese bus engineering and production company—to build hydrogen fuel cell city buses.

Portugal 255
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EDP, TechnipFMC and partners to develop a concept study for green hydrogen production from offshore wind: BEHYOND

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To increase the share of hydrogen in the final energy demand to enlarge the low-carbon energy sources share in the global energy mix and promote the environmental sustainability. The goal is to create a unique concept that can be standardized and implemented worldwide, allowing for large-scale hydrogen production.

Wind 221
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EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

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The European Commission approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain. The Member States will provide up to €5.2

Hydrogen 195
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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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World’s green hydrogen leaders unite to drive 50-fold scale-up in six years. The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

Green 321
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12 Exciting Engineering Milestones to Look for in 2022

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The exact date depends on when the Large Hadron Collider is set to renew proton-proton collisions after three years of upgrades and maintenance. The Green Hydrogen Boom. Utility company Energias de Portugal (EDP), based in Lisbon, is on track to begin operating a 3-megawatt green hydrogen plant in Brazil by the end of the year.

Engine 143