VANCOUVER, CANADA: Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced a purchase order from Van Hool (https://www.vanhool.be/en/), a leading bus OEM and Ballard partner headquartered in Belgium, for 10 fuel cell modules to power Van Hool A330 buses to be deployed in Emmen, the Netherlands, under the JIVE2 funding program. Ballard plans to […]
Shell, Volvo and Daimler Back Hydrogen as Europe Sets Its Sights on Truck Emissions
With the EV market doing well, industry and policymakers look to hydrogen to fuel trucks and freight vehicles. A flurry of new vehicle releases, increased grants and tax benefits, and plain old economics have helped electric vehicle sales boom in 2020. U.K. sales figures show battery vehicles tripled their market share among new vehicle sales […]
Shell aims to become world’s largest electricity company
Houston | Royal Dutch Shell, one of the world’s biggest oil and gas groups, is aiming to become the largest electricity company by the 2030s, as it prepares for a fundamental shift in global energy supplies towards lower-carbon sources. Maarten Wetselaar, Shell’s director of gas and new energies, told the Financial Times that the group could develop a […]
Shell-EDF venture seeks to build offshore New Jersey wind farm
New Jersey is one of several U.S. states seeking to acquire 100% of its energy from clean sources by 2050. To help achieve that goal, the state is looking for between 1,200 MW and 2,400 MW of offshore wind energy projects. Wind farm developer Atlantic Shores Offshore Wind said on Thursday it had submitted a […]
Coalition Aims for 25GW of Green Hydrogen by 2026
Seven firms join forces for fiftyfold scale-up of global hydrogen production capacity. The soaring hype surrounding green hydrogen reached new heights this week, as a seven-company-strong consortium unveiled plans for a fiftyfold scale-up in production capacity by 2026. ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam and Yara launched a coalition called the Green Hydrogen […]
Dutch Development Bank FMO invests $5-million in Bihar-based mini-grid developer Husk Power
The $5-million investment from FMO, was deployed from its Infrastructure Development Fund, followed by a $20-million investment in 2018 by Shell, Swedfund, and ENGIE Rassembleurs D’Energies New Delhi: Husk Power Systems, a Bihar-based off-grid renewable energy start-up, has received $5-million funding from Dutch development bank FMO, the company said in a press release on Tuesday. […]
Can the US Catch Up in the Green Hydrogen Economy?
A new report highlights the massive potential to decarbonize transport, industry and power grids — and the massive investments needed to get there. The U.S. needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential […]
ChargePoint Raises Another $127M as EV Charging Wars Heat Up
Latest round brings ChargePoint’s total funding to $660 million, as it competes with deep-pocketed rivals such as BP Chargemaster and Shell’s Greenlots. ChargePoint has raised $127 million, its latest massive round of equity financing to build out a U.S. and European charging network to meet the needs of a fast-growing global electric vehicle fleet. Wednesday’s […]
Shell’s Carbon Offset Business Makes Its First Acquisition
Shell will acquire Australia’s Select Carbon, a “carbon farming” specialist, as the oil giant begins shaping a crucial pillar of its net-zero plans. Shell’s new Nature-Based Solutions business has made its first acquisition, with the Anglo-Dutch oil major announcing Monday that it will buy Australia’s Select Carbon. Shell has a net-zero ambition for 2050 […]
Super-Hybrid: Dutch Offshore Wind Farm to Include Floating Solar, Batteries and Hydrogen
Shell is chasing carbon-neutrality. A new project in the Netherlands offers a glimpse into how it may get there. Oil major Shell and Dutch utility Eneco will build a super-hybrid offshore wind farm, having won the latest Dutch tender. Shell is chasing carbon-neutrality by 2050 or sooner, and the project in the Netherlands offers a […]