Avaada Group raises $1bn to fund green hydrogen and ammonia ventures in India
Avaada Group has raised $1.07bn to fund its Indian green hydrogen and ammonia ventures as part of its ongoing $1.3bn fundraising plan.
Hello and welcome to the April 2023 issue of H2 View. Last month I described how it’s shaping up to be an interesting year in hydrogen. A year of collaboration and investment; a year of delivery, for many. We’re already seeing signs of all of this in the aviation sector in particular, where the potential has been discussed and debated for a great many years now but in 2023, that opportunity appears to be taking off.
Avaada Group has raised $1.07bn to fund its Indian green hydrogen and ammonia ventures as part of its ongoing $1.3bn fundraising plan.
Vonjy Rajakoba, Managing Director of Bosch UK, discusses the potential of hydrogen as a driver in power, heat, industry and transport…
TECO 2030 has today (April 27) announced it has started the manual production of its fuel cell stacks at its Innovation Centre in Narvik, Norway.
Xcel Energy has chosen Worley, and its consulting business Advisian, to undertake an assessment of its US natural gas pipeline system to determine the feasibility of injecting and blending hydrogen.
An independent centre for the testing and demonstration of marine hydrogen propulsion systems in the southwest of the UK launched on Wednesday (April 26).
Aurora Energy Research has said, global hydrogen electrolyser projects currently under development total 1,125GW, having grown by 168GW (18%) in the past six months, however, just 1% are in construction.
Nel has today (April 27) reported increases to revenue, operating income, and order intake, but reveals high losses driven by fuelling and low electrolyser project margins.
H-TEC Systems has built a manufacturing facility for proton exchange membrane (PEM) electrolyser stacks in Hamburg.
Vallourec has unveiled plans to test an innovative vertical hydrogen storage solution as part of its global Vallourec® New Energies offering to support the energy transition.
Element 2 has received planning approvals for two permanent hydrogen refuelling stations at Exelby Services’ locations on the A1(M) and M6 motorways in the UK.