Total and Engie have mutually agreed to design, develop, build and operate a renewable hydrogen production unit called the Masshylia project. The project will be located at a site at Chteauneuf-les-Martigues in the Provence-Alpes-Cote d’Azur in the Southern region of France.
Read More
Linde will build, own and operate the world’s largest PEM (Proton Exchange Membrane) electrolyzer plant (24 MW) at the Leuna Chemical Complex in Germany. The electrolyzer will be built by ITM Linde Electrolysis GmbH, a joint venture between Linde and ITM Power.
Read More
The consortium behind the OYSTER project comprising of ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy has received EUR 5 million from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU). FCH2-JU is a public private partnership of the European Commission.
Read More
A strategic partnership has been announced between United States-based hydrogen fuel cell provider Plug Power and the South Korean SK Group to promote hydrogen-based technologies in the Asian Market. Accordingly, SK Group will be investing $1.5 billion to acquire a 9.9 per cent pro forma ownership stake in Plug Power, thereby forming a joint venture company in South Korea. Plug SK Group’s US subsidiary will purchase around 51.4 million shares for $29.28 per share, and the transaction is expected to close in the first quarter of 2021.
Read More