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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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New Road Map to a US Hydrogen Economy

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A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Road Map to a US Hydrogen Economy ”. The report was developed with input from 19 companies and organizations: Air Liquide; American Honda Motor Co.,

Economy 521
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Using blockchain traceability to build a circular battery economy

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When Polestar developed Polestar 2, it developed a lifecycle assessment methodology with Volvo, which showed us that we have to stop talking about tailpipe emissions and stop investing in legacy technology, and instead start focusing on production-related emissions and environmental and social impacts.

Economy 330
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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%

Carbon 352
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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. The subsequent field trial was completed in the Permian basin with a partnering company, where the team successfully measured hydrogen concentrations three orders of magnitude above baseline.

Hydrogen 482
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Tesla Giga Mexico not affected by layoffs says Sec. of Economy

Teslarati

The State Secretary of Economy of Nuevo León assured that Tesla’s global staff reduction does not affect Giga Mexico’s construction. Secretary of Economy Iván Rivas Rodríguez told Milenio that work on Tesla Gia Mexico is still proceeding, and the company’s investment in the municipality of Santa Catarina is still on the table.

Mexico 132
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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

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The series B funds will be used for scaling fuel cell production as well as investing in the development of methanol-driven fuel cell applications for the maritime sector. In late 2021, the company insourced all the production of the core fuel cell components and is currently in pre-series production.

Companies 293