GreenGo Energy has joined forces with Ringkøbing-Skjern Municipality in Denmark to construct a 4GW Megaton green energy park, which will employ renewable hybrid solar and wind energy. The project is set to be completed before 2030 and it is estimated that the total investment will be around €8bn. With this, Denmark can become a pioneering …
RWE and PPC Renewables have finalized their investment in a large-scale solar project in Greece. The 175 MW (210 MW peak) initiative is to be constructed at the former site of the Amyntaio lignite mine in Western Macedonia. It will require an overall expenditure of €180m, with €90m co-financed by EU funds. Three to five …
ETHERO Truck + Energy is launching as an exclusive East Coast franchised dealership for Nikola Tre battery-electric and hydrogen fuel cell electric vehicles and Lonestar SV battery electric terminal tractors. The company will open two flagship locations in Mechanicsville, VA, and Elkridge, MD to serve the greater metropolitan areas of Richmond and Baltimore. ETHERO also …
Nikola Corporation and Fortescue Future Industries have signed a Memorandum of Understanding to collaborate on the development of green hydrogen production facilities in the United States. Under the agreement, Nikola will evaluate potential offtake opportunities from projects being pursued by FFI. The companies will also explore the potential for co-developing new green hydrogen production and …
The exceet Group has announced the acquisition of APEX Group, a developer and operator of “green” hydrogen electrolysis plants from Rostock. As part of the agreement, exceet will take over all APEX shares: 20.8% for a cash purchase price of 25 million euros and 79.2% for the issuance of almost 16.3 million new exceet shares …
Exceet, a publicly listed investment group, has taken over Apex, an energy company specializing in water electrolysis plants located in Rostock-Laage. As part of the transaction, Apex will receive around 87 million euros of fresh capital, 70 million of which will be used for electrolysis projects and 17 million to pay off liabilities. 20.8% of …
The stock of the Norwegian hydrogen company Nel ASA has recently experienced some profit taking, causing it to drop from 16.98 Norwegian Kroner to 15.65 Norwegian Kroner. This has resulted in the stock reaching its first strong support levels. There is a potential for an upward movement if the current chart technical support levels remain …
This article discusses the current state of biotechnological production of hydrogen as a source of energy. Hydrogen is seen as a “freedom energy”, but in reality most of it is still produced from fossil sources. To meet climate neutrality goals by 2050, electrolysis must increase by 6000-8000 times. One potential source of green hydrogen is …
Spain plans to supply Europe with green hydrogen. A submarine pipeline between Barcelona and Marseille has already been approved and Germany and France have now agreed to extend the line. To facilitate the transport of hydrogen throughout Europe, a high-level working group consisting of ministers will be established by the end of April. Furthermore, both …
The article discusses the Nel ASA stock, which has seen a rally up to 17.55 Norwegian Kroner followed by a period of consolidation. It mentions that the stock has found support at 15.44/15.65 NOK and that an upward break above 16.23 NOK could be a sign of an attempt to reach the resistance zone at …