article thumbnail

Zhejiang Methanol Hydrogen and Element 1 partner to deliver hydrogen generation technology to Greater China

Green Car Congress

Element 1 Corporation (e1NA), Zhejiang Methanol Hydrogen Technology (ZMHT) and Zhejiang Element 1 (e1China) have formed a joint venture company—Zhejiang Hydrogen One Energy Technology Co., — to drive methanol-based hydrogen generation technology and commercialize e1NA’s technology throughout Greater China.

Hydrogen 418
article thumbnail

Cummins to acquire fuel-cell provider Hydrogenics

Green Car Congress

has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel-cell systems provider Hydrogenics Corporation for US$15.00 per share in cash, other than shares already owned by The Hydrogen Company, representing an enterprise value of approximately $290 million.

Hydrogen 287
article thumbnail

Japanese demonstration project begins for commercialization of vessels equipped with high-power fuel cells

Green Car Congress

Nippon Kaiji Kyokai (ClassNK), and ENEOS Corporation announced that Japan’s New Energy and Industrial Technology Development Organization (NEDO) has approved the companies’ participation in a demonstration project for the commercialization of high-power Fuel Cell (FC) vessels. Project management, ship design and legal compliance.

article thumbnail

Hydrogen refueling station operator H2 MOBILITY Deutschland raises €110M

Green Car Congress

Hydrogen refueling station operator H2 MOBILITY Deutschland closed a €110-million investment round. Hy24, the world’s largest clean hydrogen infrastructure investment platform, led the round with €70 million. Air Liquide, Daimler Truck, Hyundai, Linde, OMV, Shell, and TotalEnergies also contributed to the capital raise.

Hydrogen 210
article thumbnail

Hexagon Purus to acquire 40% stake in Cryoshelter’s liquid hydrogen storage business

Green Car Congress

Hexagon Purus, which among its portfolio offers hydrogen high-pressure Type 4 cylinders and storage systems, has entered into an agreement to acquire 40% of Cryoshelter GmbH’s liquid hydrogen business. million for 40% of the shares in Cryoshelter’s liquid hydrogen business.

Hydrogen 150
article thumbnail

BASF completes carve-out of mobile emissions catalysts and precious metals services businesses: ECMS

Green Car Congress

BASF has completed the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). As a standalone entity, ECMS operates its own legal entities, IT system landscape and services independently. Earlier post.) Earlier post.)

Emissions 150
article thumbnail

CaFCP: 1,000 H2 stations enabling 1M fuel cell electric vehicles on California roads in 2030

Green Car Congress

The California Fuel Cell Partnership (CaFCP) released its 2030 vision for California, The California Fuel Cell Revolution. The vision document describes a self-sustaining market in 2030 for fuel cell electric vehicles and renewably hydrogen, and the strategic priorities necessary for realizing it.