Metacon AB (publ) announces an important milestone in its global expansion strategy by entering into a Memorandum of Understanding (MoU) aimed at a strategic partnership with the Chinese company PERIC Hydrogen Technologies Co., Ltd, a world-leading manufacturer of, among other things, large-scale electrolytic hydrogen generators (electrolysers).
SEOUL/SINGAPORE– Hyundai Motor Group (the Group) today officially opens the Hyundai Motor Group Innovation Center Singapore (HMGICS) to accelerate the delivery of the Group’s human-centric future mobility vision.
Riyadh– In a groundbreaking move towards sustainable transportation, the Transport General Authority (TGA) has introduced Saudi Arabia’s inaugural hydrogen truck in partnership with Almajdouie Logistics.
SINGAPORE– Dutch tank storage company Vopak has signed an initial agreement with Japan’s IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.
A research project led by Professor Mingxin Huang at the Department of Mechanical Engineering of the University of Hong Kong (HKU) has made a brand-new breakthrough over conventional stainless steel and the development of stainless steel for hydrogen (SS-H2).
GenCell achieved lab results indicating Faradaic efficiency of 50% in its green ammonia synthesis process compared to 25% efficiency achieved by traditional green ammonia synthesis methods; the overall ammonia market is estimated at some $100 billion; out of this the green ammonia market, valued in 2022 at $0.3b, is forecast to grow at a CAGR of 72.6%, reaching ~$70b by 2032
