NYS Supported Project Will Create Nearly 380 New Jobs
Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy
Governor Kathy Hochul announced that leading alternative energy technology provider Plug Power Inc. has officially opened its new, $125 million Innovation Center in the Town of Henrietta, Monroe County.
The orders cement ACIA’s commitment to leading the decarbonization of regional aviation
Universal Hydrogen Co., the company leading the fight to decarbonize aviation through the adoption of hydrogen as a universal fuel, today announced it has signed a letter of intent (LOI) with ACIA Aero Leasing (ACIA), a leading regional aircraft lessor with offices in Ireland, France, Canada, Mauritius, and South Africa. ACIA expects to place 10 firm orders for Universal Hydrogen’s ATR 72 conversion kits with additional purchase rights for 20 more conversion kits of various turboprop types.
Distinguished Guests Include Senate Majority Leader Chuck Schumer and Congressman Joe Morelle will be attending the opening today
LATHAM, N.Y. — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, will hold today a grand opening of the Plug Power Innovation Center, its green hydrogen and fuel cell gigafactory in Rochester, N.Y. This is New York’s first and largest fuel cell and electrolyzer manufacturing gigafactory and is expected to create almost 380 new jobs in Monroe County.
BENGALURU, India and KEMBLE, United Kingdom and HOLLISTER, Calif. — ZeroAvia, the leading innovator in zero emission aviation, has announced a development collaboration with the Indian state-owned aerospace & defence company Hindustan Aeronautics Ltd (HAL) for a hydrogen-electric powertrain capable of flying the 19 seat Dornier 228 aircraft up to 500 NM.
Agreement Will Continue Successful Collaboration on Decarbonization to Combat Climate Change
The New York State Energy Research and Development Authority (NYSERDA) and the Danish Ministry of Climate, Energy and Utilities announced an extension of their existing Memorandum of Understanding (MOU) through 2025, expanding collaboration beyond offshore wind to also foster a diverse portfolio of solutions for carbon capture, utilization, storage and green hydrogen.
Reference is made to the stock exchange announcement by Hexagon Purus ASA (“Hexagon Purus” or the “Company”) on 30 September 2021, regarding Hexagon Purus’ entry into of a share purchase agreement to acquire 100% of Wystrach GmbH (“Wystrach”), a leading European systems and solutions provider for storage and transport of compressed gases (the “Transaction”).
Today, Deputy Secretary David Turk announced the launch of H2 Twin Cities as part of COP26 activities in Glasgow, U.K. to reinforce American commitment to combat climate change. H2 Twin Cities is an initiative under the Clean Energy Ministerial to accelerate hydrogen deployments by pairing communities around the world to collaborate, share ideas, learn from each other, and accelerate progress, particularly at the city and municipality level.
Rose Cay plans to acquire existing aircraft, convert them using ZeroAvia’s hydrogen-electric powertrain system, and lease them to operators.
Rose Cay intends to support the Energy Transition through the deployment of hydrogen infrastructure at airports worldwide.
The deal includes a conditional purchase order for up to 250 engines with deliveries beginning as early as 2024.
DELAWARE and KEMBLE, United Kingdom and HOLLISTER, Calif. — ZeroAvia, a leader in zero-emission passenger aircraft, today announced an Aircraft and Infrastructure financing collaboration with Rose Cay GP, LLP (“Rose Cay”), a US-based real asset special situations investment platform.