Hexagon has been granted USD 2.6 million in initial funding by the U.S Department of Energy to research how carbon fiber and composite structure can be optimized to reduce hydrogen and natural gas storage tank costs.
GM is committed to fuel cells as a complement to battery-electric propulsion. We are fully engaged with our partner, Honda, to commercialize the world’s best fuel cell technology for use by both companies across a range of applications. These fuel cells will be manufactured in Brownstown, Michigan as previously announced. Our commercialization commitment and timing for fuel cells remains unchanged…
“Costs for producing green hydrogen have fallen 50% since 2015 and could be reduced by an additional 30% by 2025 due to the benefits of increased scale and more standardized manufacturing, among other factors,” said Simon Blakey, IHS Markit Senior Advisor, Global Gas.
Plug Power Inc. announced the launch of its GenSure HP (high power) platform, a line of zero-emission stationary fuel cell systems designed for large-scale, high power backup power applications. This product line is focused on the largest segments in the $15 billion stationary power available market. Initially available in power output configurations ranging from 500 kilowatts (kW) to 1.5 megawatts…
A number of Member States have identified renewable and low-carbon hydrogen as a strategic element of their National Energy and Climate Plans. These plans will have to be taken into account when designing the national recovery and resilience plans in the context of new Recovery and Resilience Facility.