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2024 05 01 11 39 43

Hydrogen Industry Alliance Launched to Accelerate Clean Hydrogen Market Development

By | News, USA | No Comments May 1, 2024 | 4 min read May 1, 2024 | 4 min read

INDIANAPOLIS– Energy Systems Network (ESN) announced today the launch of the Hydrogen Industry Alliance (HIA), which will operate under its 501(c)6 non-profit status. The HIA is a network of companies spanning the energy and mobility ecosystems working collaboratively to support the development of the clean hydrogen market in the Midwest and beyond.

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Advent Technologies Holdings Approves Reverse Stock Split

By | Investor News, News, USA | No Comments May 1, 2024 | 3 min read May 1, 2024 | 3 min read

BOSTON–Advent Technologies Holdings, Inc. (Nasdaq: ADN) (“Advent” or the “Company”) announced today that it will move forward with a 1-for-30 reverse stock split of its issued and outstanding common stock. The Company expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Capital Market (“Nasdaq”) with the opening of trading at a date to be determined by the Company’s Board of Directors.

2024 05 01 08 26 01 1

Australia Set to Boost Green Hydrogen Sector with Significant Subsidy Expansion

By | Australia, News | No Comments May 1, 2024 | 3 min read May 1, 2024 | 3 min read
  • The Australian government is preparing to announce an increased investment in green hydrogen, likely through the A$2bn (US$1.3bn) Hydrogen Headstart program. Prime Minister Anthony Albanese will detail these plans in the upcoming federal budget.
  • Two potential subsidy methods are being considered: a fixed-rate subsidy similar to the US’s method and a reverse auction system akin to those used in the EU and UK.
2024 05 01 08 07 30 2

Gold H2 Appoints Prabhdeep Singh Sekhon as CEO

By | Investor News, News | No Comments May 1, 2024 | 5 min read May 1, 2024 | 5 min read
  • Sekhon brings over 16 years of cross-disciplinary experience in oil and gas asset lifecycle management, including roles at Hess Corporation and NextEra Energy Resources
  • Gold H2 is accelerating its growth by attracting top talent like Sekhon to bring their mission of “Gold” hydrogen to life; the company specializes in converting depleted oil and gas wells into hydrogen-producing assets
  • Sekhon will lead the technical development and commercialization of Gold H2’s clean hydrogen-producing microbial technology
2024 05 01 08 07 30 1

The Methanol Institute Welcomes StormFisher as a New Member Company

By | News, USA | No Comments May 1, 2024 | 2 min read May 1, 2024 | 2 min read

WASHINGTON, DC, USA– The Methanol Institute (MI) is pleased to welcome StormFisher Hydrogen Ltd. as our newest member. StormFisher Hydrogen Ltd. develops, owns, and operates electrolysis-based clean fuel production facilities in North America. With its track record in developing and operating clean fuel facilities, StormFisher serves its customers with a sustainable and reliable fuel supply, to meet the needs of traditionally hard to decarbonize sectors.

2024 05 01 08 07 30

South Korea Invests 8.2 Billion Won ($5.9 million) in Hydrogen Refueling Subsidies Amid Market Challenges

By | Korea, News | No Comments May 1, 2024 | 2 min read May 1, 2024 | 2 min read

South Korea has committed 8.2 billion won ($5.9 million) in subsidies to support 152 hydrogen refueling stations across the country, aiming to bolster the struggling hydrogen fuel market. Each station will receive an average of 54 million won ($38,968) as part of a bi-annual payment system to help cover the cost of hydrogen purchases.

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