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 EIB and The Flemish Ministry of the Economy have signed an MoU on hydrogen.
- The agreement will help to identify projects that could receive EIB financing and support their bankability.
- Total investment in clean hydrogen in Europe is expected to reach up to €470 billion by 2050.
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.
RWE and John Cockerill to Build German Test Facility for Dutch Circular and Green Hydrogen Project FURECOctober 21, 2021 | 4 min read October 21, 2021 | 4 min read
- Test facility will optimise key process step in the production of hydrogen from municipal waste
- The optimised process will be key to the fuelling of the Dutch hydrogen project, FUREC
- €3 million test facility at the RWE innovation centre at Niederaußem is expected to be operational in autumn 2022
Element 2 Awarded Contract to Supply Sustainable Hydrogen to the Tees Valley Hydrogen Transports Hub’s TrialsOctober 21, 2021 | 3 min read October 21, 2021 | 3 min read
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.