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USA

doe announces nearly 60 million to advance clean hydrogen technologies and improve the electric power grid

U.S. Department of Energy Announces Up To $100 Million for Pilot-Scale Testing of Advanced Carbon Dioxide Removal Technologies

By | News, USA | No Comments February 19, 2024 | 2 min read February 19, 2024 | 2 min read
  • Includes Funding for Projects to Produce Carbon-Negative Hydrogen from Biomass

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced up to $100 million to help develop a commercially viable carbon dioxide removal industry in the United States.

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Lake Charles Methanol Announces Plan for New $3.2 Billion Manufacturing Plant in Southwest Louisiana

By | News, USA | No Comments February 16, 2024 | 4 min read February 16, 2024 | 4 min read

WESTLAKE, La. – Lake Charles Methanol II, LLC (LCM) announced plans to invest $3.24 billion to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles. The company plans to use advanced auto thermal gas reforming technology and employ carbon capture and secure geologic storage to produce low-carbon hydrogen for conversion to methanol.

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Florida Power & Light Company Announces Completion of Clean Hydrogen Hub

By | News, USA | No Comments February 15, 2024 | 3 min read February 15, 2024 | 3 min read

Florida Power & Light Company announces completion of clean hydrogen hub

  • The FPL Cavendish NextGen Hydrogen Hub is the first clean hydrogen plant of its kind in the Sunshine State.
  • This pilot project draws from local solar power to produce clean hydrogen.
  • Blending 5% hydrogen with natural gas will allow the company to learn more about clean hydrogen and explore ways to provide low-cost, clean energy to FPL’s customers.
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California Continues to Expand Hydrogen-Powered Passenger Rail Fleet

By | News, USA | No Comments February 15, 2024 | 3 min read February 15, 2024 | 3 min read

Latest Order Pushes Number of Zero-Emission Intercity Trainsets to 10.

Sacramento ― Caltrans today announced a $127 million agreement with Stadler Rail, Inc. for six more zero-emission, hydrogen-powered passenger trainsets, building upon an earlier order to deliver the first four hydrogen-powered intercity trainsets in North America, furthering California’s standing as a world leader in clean transportation.

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Plug Announces Strategic Expense Reduction Plan to Save More Than $75 Million Annually

By | Investor News, News, USA | No Comments February 14, 2024 | 3 min read February 14, 2024 | 3 min read

LATHAM, N.Y.– In a strategic move to enhance its financial performance and ensure long-term value creation in a competitive market, Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced a comprehensive initiative designed to significantly reduce its annual operational expenses by more than $75 million.

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