LATHAM, N.Y.– Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced it will discuss the new partnership and including software collaboration with Energy Vault Holdings, Inc. at its analyst day in Rochester on June 14th.
New research from Deloitte suggests that the global hydrogen market could more than double, reaching $1.4 trillion per year by 2050. This growth is expected to be driven primarily by green hydrogen, which is projected to account for 85% of the market by 2050.
Despite the continued push from major automakers like Toyota and Hyundai, sales of hydrogen fuel-cell vehicles (FCVs) are still struggling to take off, accounting for just 0.02% of global passenger vehicle sales in 2022, as per a report by Bloomberg NEF.
At a press conference of the Automobile Club de l’Ouest (ACO) at Circuit de la Sarthe in western France on June 9, Toyota Motor Corporation Chairman Akio Toyoda revealed for the first time the hydrogen engine vehicle prototype “GR H2 Racing Concept”.
The World Bank argues that Latin America has the potential to become one of the most competitive regions in the world in the production of green hydrogen by 2030.
Members Include Major Industry Players, Cutting-Edge Technology Startups & Key Research Organizations that are Driving the Clean Energy Transition.
OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products, has completed an £18 million Series A financing round.
Inter-departmental Working Group on Using Hydrogen as Fuel, steered by the Environment and Ecology Bureau (EEB), has given initial approval to three more trial projects on hydrogen fuel technology in Hong Kong, revealed an EEB spokesperson.
