© HIF EMEA
Thorsten Herdan has worked for the German economic ministry for 8 years. Now, he’s moving to HIF Global. The mechanical engineer’s foray into politics lasted until January 2022. Mid-May, the e-fuel development company appointed Herdan the managing director of HIF EMEA. (more…)
© www.wallstreet-online.de
Regardless of the many good news and developments around hydrogen, there must of course also be a critical consideration of the aspects that may, for example, hinder or delay rapid build-up of production capacity. In addition to adverse influences due in part to misunderstood or counterproductive regulatory measures (EU/Germany) are aspects such as the shortage of skilled workers, supply chain problems and financing. (more…)
Gamesa plan of energy supply sources in the future, © Gamesa
Now it has come to the final step with the loss-making Siemens Gamesa: Siemens Energy will fully integrate the 67.1% subsidiary, as was to be expected. The parent company is buying the remaining shares via a takeover bid for 18.05 EUR per share. As interim financing, a loan in the amount of 4 billion EUR was taken, which will surely be refinanced through the issuance of treasury shares – there’s talk of up to 2.5 billion EUR. Now, there can be – as similarly put in some commentaries – a crackdown, as not all figures at the subsidiary were so transparent and some calculations are now being reconsidered. (more…)
© Wood Mackenzie, Global Wind Power Market Update: Q4 2021
Siemens subsidiary Gamesa still doesn’t seem to be out of the woods, looking at the strong loss (minus 627 million EUR) that this company contributed to its parent (total minus of 560 million EUR). Onshore wind is considered a problem area – combined with miscalculations and supply chain issues. For this reason, there is speculation that this subsidiary will be fully integrated or restructured via a share swap, which could be implemented in, among other things, a realignment or even a split-off. A partial merger with a competitor may also be possible. (more…)
Among the port authority’s plans is a new 25-mile hydrogen pipeline, © Rotterdam Hafen
All eyes will be on Rotterdam in March 2022 when the city will host its first-ever global hydrogen summit and exhibition. The Dutch region, which is home to Europe’s largest port, has its sights set on becoming a hydrogen hub, at least that is the intention set out in the country’s energy strategy. The Dutch government sees the international trade in hydrogen gas as a great opportunity – assuming that a pan-European pipeline project doesn’t get in the way. (more…)
