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

Get H2 partners propose green hydrogen pipeline in Europe

Green Car Congress

Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.

Hydrogen 435
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

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

Ekona Power closes CAD 79M Series A to advance pulsed methane pyrolysis technology for clean hydrogen production

Green Car Congress

a Vancouver-based company that is developing a novel methane pyrolysis technology platform which produces clean and low-cost hydrogen, closed a CAD $79-million (US$62-million) Series A round. The current industry standard for hydrogen production—steam methane reforming—produces a significant amount of CO 2 emissions.

Hydrogen 195
article thumbnail

Tenaris, Edison and Snam partner in project to trial steelmaking with green hydrogen

Green Car Congress

Tenaris, Edison and Snam have signed a letter of intent to launch a project aimed at decarbonizing Tenaris’ seamless pipe mill in Dalmine, Italy through the introduction of green hydrogen in some production processes. This would be the first application of green hydrogen on an industrial scale in Italy’s steel sector.

Hydrogen 236
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