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FuelCellsWorks

Nel Hydrogen New Factory

Nel ASA Announces Strong Revenue Growth in Fourth Quarter and Full Year 2023 Financial Performance

By | Investor News, News | No Comments February 28, 2024 | 5 min read February 28, 2024 | 5 min read

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.

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Fives Joins Leading Experts to Optimize the Distribution of Liquid Hydrogen for the Green Mobility

By | Europe, News | No Comments February 28, 2024 | 6 min read February 28, 2024 | 6 min read

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.

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First Companies for Hydrogen Challenge Announced by Aviation Regulator

By | Europe, News | No Comments February 28, 2024 | 6 min read February 28, 2024 | 6 min read

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.
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Smoltek Has Been Granted Three New Patents – All in the Field of Reducing Contact Resistance in Electrolyzer and Fuel Cells

By | News, Press Release | No Comments February 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.

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SANY Leads the Charge Towards Carbon Neutrality with Hydrogen, Wind, and Electric Innovations

By | Asia, News | No Comments February 28, 2024 | 4 min read February 28, 2024 | 4 min read

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.

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TECO 2030 and Yokogawa Take Partnership to the Next Stage With Delivery of One TECO Fuel Cell Stack

By | Europe, News | No Comments February 28, 2024 | < 1 min read February 28, 2024 | < 1 min read

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.

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