article thumbnail

Johnson Matthey and Plug Power partner to accelerate green hydrogen economy

Green Car Congress

Plug Power and Johnson Matthey (JM) announced a long-term strategic partnership to accelerate the green hydrogen economy. JM will become an important strategic supplier of MEA components, providing a substantial portion of Plug’s demand for catalysts, membranes, and catalyst coated membranes (CCM).

Hydrogen 199
article thumbnail

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

Green Car Congress

In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. Last year, mergers and acquisitions (M&A) deals reached $24.4 billion in monetary value, representing a 288% increase compared to 2021 levels.

Hydrogen 473
article thumbnail

Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

Green Car Congress

During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
article thumbnail

Rare earths: The forgotten foundation of the green economy

Innovation News Network

Learn about the importance of rare earths for the transition to a green economy and the UK's potential role in the supply chain. The post Rare earths: The forgotten foundation of the green economy appeared first on Innovation News Network.

Economy 111
article thumbnail

Government of Québec launches $6.7B 2030 Green Economy Plan; emphasis on transportation electrification

Green Car Congress

The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years.

article thumbnail

STEAG and thyssenkrupp planning joint green hydrogen project

Green Car Congress

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans They endorse the development of a hydrogen economy and infrastructure in Germany and in Europe. ©euroluftbild.de/Hans Hans Blossey.

Hydrogen 482
article thumbnail

Iberdrola and H2 Green Steel to build 1GW green hydrogen plant to fuel DRI furnace for green steel; €2.3B investment

Green Car Congress

Iberdrola and H2 Green Steel (H2GS, earlier post )have signed an agreement to build a plant with an electrolysis capacity of 1 GW. All locations that H2 Green Steel and Iberdrola are evaluating will have access to renewable energy, as well as all the infrastructure necessary to operate a successful hydrogen, green steel business.

Green 304