After a successful capital raise via the online platform VCEX, H2I Technology has advanced the installation of its revolutionary hydrogen enhancement kits at its Melbourne workshop.
JERSEY CITY, N.J. — via InvestorWire — Vision Hydrogen Corporation (OTCQB:VIHD) (the “Company”) is pleased to announce that it has monetized its 100% interest in its Vlissingen green hydrogen development project and its 50% interest in its Terneuzen green hydrogen development project through the sale of its Dutch interests to Volt Energy BV (“Purchaser”), wholly-owned by its former co-CEO Andre Jurres. The Purchaser paid total consideration of USD $23,627,274, being USD $11,250,000 in cash and 1,768,182 shares of the Company’s common stock owned by the Purchaser valued at the current market price of $7.00 per share, reducing the Company’s outstanding common shares by 8.3%, to 19,548,776 shares of common stock outstanding. The cash proceeds realized by the Company, before deduction of transaction costs, represent a payment of approximately $0.58 cents per share.
With a gas boiler ban in new-build homes less than 3 years away, the need for viable alternatives is rapidly approaching.
Columbus, Indiana and Portland, Oregon – Cummins Inc. (NYSE: CMI), a global power and hydrogen technologies leader, and Daimler Truck North America (DTNA), the largest heavy-duty truck manufacturer in North America, are collaborating to upfit and validate Freightliner Cascadia trucks with a Cummins hydrogen fuel cell powertrain for use in North America. Freightliner will leverage Cummins’ fourth generation fuel cell powertrain, which provides improved power density, efficiency and durability.
Emirates Team New Zealand have been continuing the successful commissioning and testing of their hydrogen powered foiling chase boat ‘Chase Zero’ on Auckland’s Hauraki Gulf since its launch just five weeks ago.
The Aotearoa New Zealand goal of zero emissions by 2050 brings urgency and pressure to create enough green hydrogen and safely store it for the future.
The Morrison Government will invest $50 million to create a new business and research partnership with the University of New South Wales (UNSW) and the University of Newcastle (UoN), creating 1,600 jobs over the next four years.
H2 Green Steel, which pioneers new green production methods for steel manufacturing, has announced that it has secured more than one million tonnes worth of orders, with a sizable proportion coming from its early stage investor and partner Kingspan.
Berkeley Lab-led study assesses cost competitiveness of metal-organic framework materials to store hydrogen for large-scale backup power applications
