This article discusses a new study conducted by researchers at Harvard Business School and the University of Mannheim which suggests that hydrogen has the potential to accelerate global energy transition and reduce greenhouse gas emissions. The study found that the cost of producing clean hydrogen is expected to decrease from three to five US dollars …
The five northern coastal states of Germany are calling for more financial aid from the federal government to invest in their port infrastructure. At a conference in Rostock-Warnemünde, the ministers and senators of the five coastal states (Niedersachsen, Schleswig-Holstein, Mecklenburg-Vorpommern, Hamburg and Bremen) demanded at least 400 million euros annually instead of the 38.3 million …
SFC Energy AG, a manufacturer of direct methanol and hydrogen fuel cells, is the focus of two research houses that have both reaffirmed their buy recommendations. First Berlin Equity Research has maintained its buy recommendation for SFC Energy while lowering its target price from 36 euros to 34 euros. Warburg Research also continues to hold …
This article discusses the efforts of a Strausberg-based company, Apus, to develop CO2-neutral aircrafts. Apus is the first German company to have set a goal of launching a hydrogen-powered fuel cell plane in 2024. The German government is also aiming for climate-neutral flying and is encouraging investments and innovation from private companies to achieve this …
SFC Energy AG is receiving attention from research houses following the release of their quarterly results. The analysts at Berenberg have confirmed their buy recommendation for the fuel cell and hydrogen company’s shares, and First Berlin Equity Research and Warburg Research have also kept their buy recommendations with slightly adjusted target prices. The company’s nine-month …
Provaris Energy Ltd. is making progress in their development activities for green hydrogen supply chains in Europe. The concept of a tank prototype for compressed hydrogen (pressure hydrogen) is complete and construction and testing in Norway are planned for the first quarter of 2024. Further technical and economic qualification is taking place with major European …
The city of Aschaffenburg in Germany has become the first to introduce a new hydrogen-powered garbage truck. This is part of a test phase which is being scientifically monitored. The truck is expected to reduce emissions and help the city move towards more sustainable waste management solutions. Harnessing Hydrogen for Clean Energy Hydrogen is an …
In Aschaffenburg, the first garbage truck powered by hydrogen has started operating. The test phase of this project will be scientifically monitored and supervised. This is an important step towards emission-free driving technology as Aschaffenburg’s waste disposal company is leading the way in this initiative. Emission-free: The Future of Transportation The world is transitioning to …
The German government has announced a plan to build a hydrogen network for industrial use, investing 19.8 billion euros in the project. The network will connect ports, factories and power plants with 9,700 km of pipelines by 2032. The cost of building the network is expected to be covered through network fees, with the state …
In his speech at the G20 Compact with Africa Initiative Investment Conference, Chancellor Olaf Scholz encouraged African countries to produce green hydrogen on a large scale. He announced that Germany would buy large quantities of green hydrogen and support countries with the necessary potential to build local hydrogen economies and their value chains through the …