A team of U.S. and British companies have announced their intent to explore the potential of using natural gas from the North Sea in order to produce hydrogen, a resource that is becoming increasingly popular due to its potential for use in energy transition. The companies plan to search for opportunities in the British, Dutch, …
Superior Plus Corp. has announced a deal to acquire Certarus Ltd., a distributor of compressed natural gas, renewable natural gas and hydrogen, for a total value of $1.05 billion including debt. Under the agreement, Superior will pay $853 million in cash and $500 million worth of common shares to the shareholders of Certarus. The deal …
The European Parliament and the EU Member States announced this Tuesday morning that they have adopted an unprecedented mechanism to make European imports greener by charging for the carbon emissions associated with their production. Commonly known as the „carbon tax at the border,“ this system will subject imports in several sectors (steel, aluminum, cement, fertilizers, …
Nikola and Plug Power have formed a partnership to increase the use of green hydrogen for transportation. Under the agreement, Plug will buy Nikola’s fuel cell trucks and supply them with up to 125 tons of green hydrogen per day. They are also selling equipment to convert 30 tons of hydrogen gas into a liquified …
Spain, Portugal and France have launched the H2Med energy interconnection project, which will be the first major green corridor connecting the Iberian Peninsula with the rest of Europe. The project was presented by Spanish Prime Minister Pedro Sánchez, French President Emmanuel Macron and Portuguese Prime Minister António Costa in Alicante. This interconnection will enable 10% …
Powertap Hydrogen Capital Corp. (OTCMKTS:MOTNF) saw an increase in short interest of 44.0% from November 15th to November 30th, with 129,200 shares being shorted. This is based on a daily trading volume of 603,900 shares, giving a short-interest ratio of 0.2 days. The stock opened at $0.02 on Friday and has a 1 year low …
Nikola Corporation (NKLA) has seen a surge in its stock prices due to an announcement that they have entered into a strategic relationship with Plug Power (PLUG). The agreement will see Plug Power providing 125 tons of green hydrogen per day to Nikola, with 80% of the volume under a take-or-pay contract. Additionally, Plug Power …
The Biden administration has reversed a decision made in 1954 that revoked J. Robert Oppenheimer’s security clearance and ended his career as a physicist. Oppenheimer was known as the father of the atomic bomb and had become one of the world’s leading researchers in theoretical physics, but he became a target of suspicion due to …
Cummins Inc. has recently announced a major green hydrogen alliance which positions them as a leader in delivering sustainable hydrogen energy. The demand for their electrolyzer and fuel cell solutions is expected to increase with the renewable revolution and decrease in demand for fossil fuels. With strong financials and good analyst support, Cummins‘ stock presents …
Gas companies are planning to test the use of hydrogen energy at UC Irvine and other locations, which has caused controversy. Supporters believe this is an important step in helping California reach its clean energy goals, while opponents argue it is a distraction from more viable climate solutions and will put college students at risk …