Water electrolysis is starting to make inroads into the refinery sector. Shell has revealed plans for the construction of a 10-megawatt electrolyzer at its Wesseling refinery site in Germany. The project, called Refhyne, is supported with EUR 10 million in funds from the EU’s Fuel Cells and Hydrogen Joint Undertaking. It will see British manufacturer ITM Power forging ahead with the design of a system (more…)
Riversimple, based in Llandrindod Wells, a Welsh town of 5,000 people, is venturing into uncharted territory. Crowdfunding a new fuel cell car is not the only thing that sets the company apart from its competitors. The small creative powerhouse will also take another route in distribution. (more…)
In late 2017, the Holthausen Group, a Dutch gas supplier based in Hoogezand, east of Groningen, unveiled a Tesla car running on hydrogen instead of battery power. More specifically, the company had replaced the battery in a Tesla Model S, owned by 18-year-old Max Holthausen, with a fuel cell and a hydrogen tank. The upgrade more than doubled the range of the vehicle (more…)
Last February, the Czech member of Singapore-based Horizon Educational Group acquired Heliocentris Academia, or at least some portion of it (see The Break-Up of Heliocentris). Other assets, or, more specifically, part of the sales, advanced manufacturing and back-office divisions, went to the group’s companies in China and the United States. (more…)
Canadian producer Hydrogenics (Nasdqaq: HYGS) and British manufacturer ITM Power (London: ITM) aren’t entirely comparable, but they use similar technologies. There are some commonalities in the form of power-to-gas projects, hydrogen stations and powerful electrolyzers to generate the gas. Their market caps aren’t as far apart as I would expect based on the number and contract value of bookings. Both stocks have experienced severe price drops. (more…)
H2 Energy, a Swiss corporation based in the Glattpark industrial area in Opfikon, near Zurich, is gradually expanding its reach. CEO Philipp Dietrich said that the company would now concentrate its efforts on the German market. In mid-January, it formed a joint venture with Global Automotive Partners. Reportedly, the new business, called H2 Energy Deutschland, will sell renewable hydrogen produced in Pliening (more…)
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