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In early 2022, the company raised 26.8 million Swiss francs (approximately US$29 million) for the development of hypersonic hydrogen flights and associated technologies. [ 6 ] [ 7 ] Throughout the year, Destinus planned and achieved many key milestones, including the successful maiden flight of their Eiger prototype and the testing of their ...
In 2022, HydrogenPro secured a landmark purchase order for 10-year service and support agreement from Mitsubishi (220 MW in Utah, US). [10] [11] In the same year, they were listed on the main list of Oslo Børs. [12] In 2023, HydrogenPro entered into a partnership with ANDRITZ to collaborate on scaling up the manufacturing and assembly of ...
The company is a member of the Hydrogen Council, a group of companies investing in hydrogen vehicles. [4] [5] The company expects hydrogen vehicles to compete with electric vehicles and has invested in wind powered plants that convert water to hydrogen. [6] The company is ranked 463rd on the Fortune Global 500 [7] and 187th on the Forbes Global ...
The company today has fuel cell projects that run on natural gas and renewable biogas. The company’s products can produce hydrogen in addition to power and thermal attributes. Additionally, the company has capabilities for fuel cell-based carbon capture, long-duration energy storage and solid-oxide based electrolysis. [25]
The world’s first hydrogen-powered commercial passenger ferry will start operating on San Francisco Bay as part of plans to phase out diesel-powered vessels and reduce planet-warming carbon ...
Hydrogen produced was stored on site, and dispensed as fuel. These projects were first of its kind in California, and proved to be highly successful. The projects clearly demonstrated the safety of hydrogen for general public use. The Hindenburg curse that caused experts to vilify hydrogen [neutrality is disputed] was lifted. Success of these ...
In February 2020, the company introduced 125 kW Progen fuel cell engines for class 6, 7 & 8 trucks and heavy duty off-road equipment. [6] In January 2021, SK Group, a major South Korean company, announced an investment of $1.5 billion in Plug Power for around 10% share. They will form a joint venture company in South Korea to supply hydrogen ...
The World Energy Network research program of the Japanese New Sunshine Project was divided into 3 phases [1] during the period 1993 to 2002, its goal was to study the distribution of liquid hydrogen with hydrogen tankers [2] based on the LNG carrier technology of self-supporting tank designs such as the prismatic and spherical tank. Further ...