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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal.

Norway 468
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Hyundai becomes a partner in H2 MOBILITY in Germany

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Hyundai Motor become a partner in H2 MOBILITY, a company that sets up and coordinates the nationwide hydrogen infrastructure in Germany. The Hyundai Motor Company will be represented by Hyundai Motor Deutschland GmbH at the shareholders’ meeting. KG focuses on the nationwide development of a hydrogen infrastructure in Germany.

Germany 418
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Australian-German business coalition releases roadmap for large-scale green hydrogen import to Germany

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A group of leading German companies along with Australia’s Fortescue Future Industries (FFI) has released a green hydrogen roadmap, outlining a set of recommendations for government and industry, to meet the ambitious target of importing large amounts of green hydrogen from Australia to Germany. Source: RMI analysis).

Germany 305
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Germany approves €900M for green hydrogen project H2Global

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Germany’s Federal Ministry of Economic Affairs and Climate Protection (BMWi) has approved €900 million for the innovative funding instrument H2Global. The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose.

Germany 382
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Velodyne Lidar acquires AI software company Bluecity

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Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. According to Yole Intelligence, part of Yole Group, the smart infrastructure market for lidar will grow from $108M in 2021 to $1.1B

San Jose 369
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27 Hyundai XCIENT fuel cell trucks entering fleet service in Germany; funding from BMDV

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Seven German companies in logistics, manufacturing and retail will put 27 Hyundai XCIENT Fuel Cell trucks into fleet service with funding for eco-friendly commercial vehicles from Germany’s Federal Ministry for Digital and Transport (BMDV). BMDV will have a budget of €1.6

Hyundai 300
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IVECO, FPT and Nikola Motor Company announce future Nikola TRE production in Ulm, Germany

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and Nikola Motor Company will manufacture , through their European joint venture, the Nikola TRE in Ulm, Germany, at the IVECO manufacturing facility. In the first stage of the project, €40 million will be invested by the joint-venture company to upgrade the manufacturing facility, which will focus on final assembly of the vehicle.

Germany 284