Hysata raises $111m to expand electrolyser production capacity
Hysata has secured $111m in Series B fundraising led by bp Ventures and Templewater to support the development of its high-efficiency electrolysers.
Hysata has secured $111m in Series B fundraising led by bp Ventures and Templewater to support the development of its high-efficiency electrolysers.
“The purpose of climate policy we believe should be to enable and incentivise the steel industry to transition to lower-carbon technologies,” an ArcelorMittal spokesperson said.
Chinese manufacturing firm SANY Group is set to supply electrolysers and hydrogen refuelling equipment to an unnamed Australian customer.
From cans, foil and kitchen utensils to beer kegs and aeroplane parts, aluminium is among the world’s most widely used metals. Produced en masse globally, the metal accounted for around 3% of the world’s direct...
The SteelWatch report said recent “backtracking” by ArcelorMittal suggested the company will continue to use fossil gas instead of hydrogen and/or delay various DRI projects, something ArcelorMittal has denied to H2 View.
Asahi India Glass (AIS) has signed a 20-year offtake agreement for the supply of green hydrogen from INOX Air Products (INOXAP) for use in a planned glass facility in Rajasthan.
Hygenco Green Energies has agreed to develop a large-scale ammonia project at Tata Steel’s Special Economic Zone Industrial Park (GIP).
Sweden’s Metacon has entered into a partnership with Siemens AB to manufacture Chinese-designed hydrogen electrolyser systems for the European market.
Never before has hydrogen received so much attention – and so much pressure to prove itself. As part of the clean energy transition, it holds great potential to decarbonise key industries and reduce climate-warming emissions...
The MoU could see Plug agree to develop a Basic Engineering and Design Package (BEDP) for the project this month (May 2024).