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Westwood Insight2

Westwood Insight – The Netherlands vs Belgium: Who Will Win the Battle as Northwest Europe’s Leading Hydrogen Import Hub?

By | Europe, News | No Comments November 17, 2023 | 10 min read November 17, 2023 | 10 min read

Introduction

In 2022, the EU unveiled its REPowerEU plan that set a target for 10Mtpa of domestic hydrogen production and 10Mtpa of hydrogen imports by 2030. This represented a significant increase from the original 5.6Mtpa target set by the preceding ‘Fit for 55’ package. REPowerEU was aimed at rapidly reducing the EU’s dependence on Russian fossil fuels following the war with Ukraine.

Green Hydrogen Systems Financials

Green Hydrogen Systems Revises Revenue Forecast for 2023

By | Europe, Investor News, News | No Comments November 17, 2023 | 3 min read November 17, 2023 | 3 min read

Kolding, Denmark–  Green Hydrogen Systems, facing challenges in the supply chain, has revised its revenue guidance for the year 2023. The company now anticipates its annual revenue to fall within the range of DKK 30 to 45 million, a significant reduction from the previously projected DKK 120 to 160 million.

Charbone Stock

Charbone Hydrogen Announces Closing of Shares for Debts Issuance and Changes to Board of Directors

By | Canada, News | No Comments November 17, 2023 | 2 min read November 17, 2023 | 2 min read

Brossard, Quebec– Charbone Hydrogen Corporation (“Charbone” or the “Company”) is pleased to announce the closing of Shares for debt settlements of an aggregate of $195,000 of management, including Chief Executive Officer, remuneration debts by the issuance of 1,950,000 Common Shares (at a deemed value of $0.10 per Common Share) and the nomination of Mr. André Halley as a new Board member of Charbone, to be elected at the Annual General and Special Meeting of Shareholders on December 19, 2023.

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