Oslo, Norway — Nel ASA (Nel, OSE:NEL) reported revenues of NOK 1 773 million in 2023, up 78% from 2022. Fourth quarter 2023 revenues of NOK 534 million represented a 29% increase from NOK 414 million in fourth quarter 2022. EBITDA in the quarter came in at NOK -106 million, showing a steady improvement from previous quarters and proving that the business model scales.
Paris, France– The DelHyVEHR project has officially kicked off its start with the goal to make liquid hydrogen distribution viable and therefore making it accessible as a clean energy carrier across various industries. Hosted at ENGIE Lab Crigen in Paris on January 29th and 30th, the project’s Kick-Off brought together the consortium of 13 partners, mainly from the industry.
At a glance
- First companies selected for the Hydrogen Challenge Sandbox announced by UK Civil Aviation Authority.
- Cranfield Aerospace Solutions, Exeter Airport Consortium and ZeroAvia will work closely with the regulator to increase readiness of industry and the regulator for hydrogen fuel.
- The Challenge also enables wider industry collaboration.
Smoltek Has Been Granted Three New Patents – All in the Field of Reducing Contact Resistance in Electrolyzer and Fuel CellsFebruary 28, 2024 | 3 min read February 28, 2024 | 3 min read
Smoltek Nanotech Holding AB (“Smoltek”) announces that the company has been awarded three new patents. The patents are divided into three new and separate patent families, all related to how Smoltek’s technology can reduce contact resistance between different layers in electrochemical cells, mainly for use in electrolyzers and fuel cells. These new patents also bring the IP portfolio to comprise 87 granted patents.
The South Australian Government will more than double its presence at the international Fuel Cell Expo in Tokyo, as the state showcases its natural resources, hydrogen sector and green iron potential at Smart Energy Week
SHANGHAI– On January 26th, the first International Clean Energy Day, as proclaimed by the United Nations, was observed globally, highlighting the crucial role clean energy plays in fostering a sustainable energy transition. SANY Group (“SANY”) is actively participating in this drive by providing integrated solutions for clean energy operations and driving green industrial transformation.
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to update the market on its ongoing successes evidenced from its next generation modular ammonia cracker reactor technology.
Lysaker, Norway– TECO 2030 (OSE: TECO, ISIN: NO0010887516) announces that for the next step in its partnership with Yokogawa, the global industrial automation company, it will be delivering a TECO fuel cell stack of 100kW to the Yokogawa global headquarters in Tokyo before the end of Q1 2024.
EVOLOH Announces Performance Achievement of Advanced Electrolyzers, Offers High-Efficiency Product LineFebruary 28, 2024 | 2 min read February 28, 2024 | 2 min read
SANTA CLARA, CA– EVOLOH, Inc., a cleantech company, announced today record performance of its revolutionary NautilusTM series of advanced liquid alkaline electrolyzers, and enlarged its product offering with high-efficiency electrolyzers.