Hydrogen now supplies less than 5% of the world’s energy—most of it used for oil refining and chemical production—but research firm BloombergNEF says it could reach nearly a quarter of global energy consumption by 2050 with strong government policies promoting it. By then, the fuel could generate more than $2.5 trillion of direct revenue annually, according to the Hydrogen Council…
The approval marks a major step forward for the project, which plans to eventually expand to 26GW of renewable wind and solar, providing energy to service industry in the Pilbara and markets in Asia with green hydrogen and ammonia.
The lesson from a summer of searing heat and ferocious wildfires is that California must maintain its commitment to renewable energy, and it must target its incentives and investments to ensure clean-energy storage that will balance its electrical grid. The Public Utilities Commission and the Energy Commission must pursue an aggressive strategy to fully incorporate clean hydrogen into California’s renewable…
Toyota Tsusho has thus far taken part in a variety of projects aimed at demonstrating the feasibility of hydrogen production and use. Leveraging the expertise it has gained thereby, the company will carry out two feasibility studies at the Port of Los Angeles and in its vicinity in conjunction with TAI: 1. A feasibility study into the use of hydrogen…
This acquisition includes ownership of the Theodore, Alabama manufacturing site, all trailer-related intellectual property, manufacturing capabilities, equipment and repair backlog.