Siemens Energy, Air Liquide in tie-up for hydrogen production
MÜNCHEN/ PARIS, February 8, 2021 Siemens Energy and Air Liquide have signed an agreement to combine their expertise in PEM (Proton Exchange Membrane) electrolysis technology for sustainable hydrogen production. They intend to focus their activities on these key areas: co-creation of large industrial-scale hydrogen projects in collaboration with customers, laying the ground for mass manufacturing of electrolyzers in Europe, especially in Germany and France, and R&D activities to co-develop next generation electrolyzer technologies. Hydrogen will play an essential role to achieve the European Union’s objectives for CO2 and greenhouse gas emission reduction. In order to meet rapidly growing demand, and to lower costs, it is key to accelerate the production of sustainably generated hydrogen through large-scale PEM electrolyzers.
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Facility will accelerate commercialization of company s RuggedCell large-scale Green Hydrogen production systems, targeting an overall Green Hydrogen market forecasted at $10 trillion by 2050
OWEN SOUND, ON / ACCESSWIRE / February 5, 2021 / Hydrogen Optimized Inc. today took a major step toward its goal of becoming a global leader in large-scale Green Hydrogen production systems by securing a new technology and manufacturing centre. The facility is located in Owen Sound, Ontario, Canada, part of the Grey-Bruce Hydrogen Hub.
The company s RuggedCell water electrolysis systems are targeted to major industrial, chemical, utility and energy end users, which represent the largest segment of an overall addressable Green Hydrogen market that Goldman Sachs forecasts could reach over $10 trillion by 2050 . Targets have already been established in Europe: the EU s Hydrogen Strategy aims for at least 40,000 megawatts (MW) of renewable hydrogen electrolyzers by 2030 .
04 February 2021
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With 10 research and innovation actions linked to nuclear, the Strategic Energy Technology Plan is really stimulating new partnerships across the 18 SET countries that are participating in them, Rosalinde van der Vlies, clean planet director at the Directorate-General for Research and Innovation at the European Commission, said this week. Speaking in the plenary session of SNETP Forum 2021, she said all EU Member States have very high standards in safety, radiation protection and security.
Rosalinde van der Vlies, clean planet director at DG-RTD
The Commission launched the SET Plan in 2007 to accelerate the development and deployment of cost-effective low-carbon technologies. It helps to promote cooperation among EU countries, companies and research institutions.
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Nope. Neither political volatility nor a pandemic seem to be good enough reasons to break this market s stride and slow it down. Over the past year, the
S&P 500 has soared 16%, consistently reaching new all-time highs to the delight of investors.
While some stocks have bounded higher for valid reasons, others now feature astronomical price tags due to investors overestimating the value of the stocks. Take
Plug Power (NASDAQ:PLUG), for example, which has skyrocketed 1,590% over the past 12 months. One of the more familiar names associated with hydrogen and fuel cells, Plug Power has captured the imagination of both renewable energy and growth investors alike. But why? Let s take a closer look at what s behind the stock s recent meteoric rise.