Horsham, UK–Ceres Power Holdings plc (“Ceres”, the “Company”) (AIM:CWR), a global leader in fuel cell and electrochemical technology, is pleased to announce the appointment of Eric Lakin as Chief Financial Officer (CFO). Eric is expected to join the Company and the Board of Directors in January 2022.
In the second half of 2022, Everfuel is set for full production of green hydrogen at Phase I of the flagship HySynergy project in Fredericia, Denmark. The 20 MW power conversion system driving the hydrogen electrolysis technology will be supplied by Danfoss Drives, according to an agreement signed on 8 October 2021.
Hydrogen is one of the most abundant elements in the universe and an attractive form of renewable energy for fuel that could play a significant role in combatting the climate crisis.
The Australian Workers’ Union has today welcomed the momentum toward hydrogen by state governments, but has warned that the massive jobs potential of the zero-carbon fuel source will be squandered if governments don’t learn from the lessons of natural gas.
The European Investment Bank (EIB) and the Flemish government represented by Vice Prime-Minister and Minister for the Economy Hilde Crevits. The agreement has the goal of creating a framework for further collaboration between Flanders and the EIB in financing and implementing Flemish hydrogen projects. The signature comes at a time when the Flemish government is presenting its first “projects of common interest” (PCI) in the field of hydrogen to the European Commission.
Researchers in an international alliance exploring green hydrogen technologies can now push ahead with building their relationship, with funding secured for the venture.
Element 2 has today (21 October 2021) signed a contract to supply hydrogen and refuelling infrastructure to one of the UK’s most ambitious hydrogen projects, the Tees Valley Hydrogen Transport Hub.
INOVYN a subsidiary of INEOS has today announced investment plans to upgrade existing production at Runcorn so that it can supply compressed fuel-cell quality hydrogen to mobility and power generation sectors. This is part of more than €2bn investment in Green Hydrogen announced by INEOS earlier this week.
