USA

BOSTON — Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has received notification from the Greek State for funding under the Important Projects of Common European Interest (“IPCEI”) Hydrogen – Technology, Green HiPo. The notification from the Greek State has been sent to the European Union (“EU”) under the IPCEI framework. Upon EU ratification, total funding of euro 782.1 million for Advent’s Green HiPo project will be made available over a period of six years, as submitted in accordance with the following schedule:

The U.S. Department of Energy (DOE) last week announced the winners of the first Hydrogen Business Case Prize Competition. Part of the American-Made Challenges series, which incentivizes entrepreneurship and innovation in the energy marketplace, the competition challenged teams to develop practical financial analysis tools that address hydrogen energy production and adoption challenges.

When it comes to the well-being of our people, customers and our environment — Plug approaches the responsibility sincerely. We realize that the core of our business is our people, who are vital members of families and communities. While Plug provides the power inside fuel cell-electric forklifts, and not the forklifts themselves, we recognize that we are a vital part of the larger ecosystem.

The hydrogen economy is no longer a distant future. Governments and industry globally are spending billions today to kickstart a cleaner hydrogen revolution. When scaled up, it could drive real change.

• Goal calls for significant investments to eliminate all scope 1 and scope 2 carbon emissions across NextEra Energy’s operations by no later than 2045.
• Real Zero would deliver clean energy at zero incremental cost to customers, substantially eliminate fuel price volatility and drive U.S. energy independence.
• NextEra Energy has created the Zero Carbon Blueprint™, a comprehensive plan to significantly increase renewable energy deployment and lead the $4 trillion market opportunity to decarbonize the U.S. economy.
• Plan would generate only carbon-emissions-free energy from a diverse mix of wind, solar, battery storage, nuclear, green hydrogen and other renewable sources.
• Real Zero is the most ambitious carbon emissions reduction goal ever set by an energy producer, and the sector’s only one to not require carbon offsets for success.
• Economic studies indicate that reaching NextEra Energy’s Real Zero goal could create up to 150,000 jobs and add $15 billion in annual gross domestic product (GDP) in Florida through 2045.

NEW YORK – Natural gas companies plan to use hydrogen and renewable natural gas (RNG) made from landfills or agricultural waste to extend the life of existing pipelines in a future carbon-free world, energy executives said at the Reuters Global Energy Transition conference on Tuesday.

Electric vertical takeoff and landing (eVTOL) startup will fly Butterfly experimental prototype in 2023, with plans to provide practical aerial ridesharing.

• Hyzon Automotive has developed a new eAxle (Electric Axle Drive) technology that increases motor-to-wheel efficiency to 97% and reduces losses by 40%
• The technology enables superior performance through innovations in gear system, transmission, and motor integration
• The company’s next-generation 8-Series trucks will be equipped with eAxles technology, aiming for a truck with 950kW of power and 19.7 mpge of fuel efficiency at full load

There is no single path to decarbonization, and the familiar phrase “energy transition” recognizes that progress is found one step at a time.