EverWind Fuels has become the first green hydrogen producer in North America to receive the necessary permits for a commercial-scale facility. The facility, located in Nova Scotia, will produce and export 200,000 tonnes of green hydrogen and ammonia per annum by 2025, and ramp up to 1 million tonnes per annum the following year. Powering …
On Tuesday, shares of Global X Hydrogen ETF (NYSEARCA:HYDR) increased by 0.1%. The stock traded between $13.65 and had a volume of 39,927 shares, which is lower than its average session volume of 56,777. The 50-day moving average price is $12.28 and the 200-day moving average price is $12.61. Several institutional investors have purchased new …
Shares of Next Hydrogen Solutions Inc. (CVE:NXH) rose 5.6% on Tuesday, with approximately 41,834 shares traded during mid-day trading. National Bankshares decreased their target price on the stock from C$2.50 to C$2.00 and set a “sector perform” rating on it. The company has a current ratio of 5.47, a quick ratio of 4.66 and a …
Next Hydrogen Solutions Inc. (OTC:NXHSF) saw its stock price drop 8.3% during trading on Tuesday. The company traded as low as $0.95 and last traded at $0.95, with 8,200 shares changing hands during mid-day trading, an increase of 228%. National Bank Financial dropped their price target on shares of Next Hydrogen Solutions to C$2.00 in …
Cemvita Factory, a biotech startup founded in 2017 by Tara and Moji Karimi, is working to bring biotechnology to the energy transition. They have discovered a strain of microbes that can transform oil into hydrogen, which they call “gold hydrogen”. To make this process possible, they had to screen a range of microbes to see …
The Los Angeles City Council voted unanimously to move forward with a plan to convert the Scattergood Generating Station in Playa del Rey from natural gas to green hydrogen fuel. However, some council members expressed doubts about the project’s environmental impact and lack of transparency from officials. The council also approved an item implementing safeguards …
The Los Angeles City Council passed an ordinance to convert the Scattergood Generating Station in Playa del Rey to use green hydrogen instead of natural gas. Although the vote was unanimous, some council members raised concerns about the environmental impact and safety risks associated with using green hydrogen. The council also put safeguards in place, …
TotalEnergies SE has announced that their $3.1 billion investment in the gas and renewable energy units of Indian conglomerate Adani Group is healthy, but their plan to partner with Adani to produce green hydrogen is on hold until the results of audits are revealed. The company conducted due diligence before and after investing in the …
This article examines the implications of Canada’s recent „blowout“ jobs report on the path of interest rates. It argues that the strong job growth could lead to an increase in interest rates, as it indicates a healthy economy. However, other factors such as inflation and wage growth will also need to be taken into account …
The European Parliament has voted to support the use of renewable natural gas and hydrogen in the energy grid, as part of a plan to reduce reliance on fossil fuels. They have also proposed a new system that would allow consumers to choose between fossil fuels and low-carbon alternatives. Renewable Energy Sources Renewable energy sources …