Green hydrogen market could hit $850 billion in 2050

Rethink Energy predicts the green hydrogen market to reach a $850 billion valuation in 2050, driven by the installation of over 5 TW of electrolysis capacity. The report highlights the importance of approximately 650 GW of electrolyzer manufacturing capacity and expects cumulative sales of $2 trillion, resulting in a significant return on the $111 billion

L&T to collaborate with McPhy for green hydrogen

L&T announced a tie-up with the French company McPhy, for technology for electrolyser manufacture, will be present in both segments of the green hydrogen ecosystem – electrolyser manufacturing and production of the gas. But the company is starting its hydrogen innings with electrolyser manufacturing. The tie-up with McPhy is, for the present, only a technology

Researchers made hydrogen directly from seawater

Researchers at the University of Adelaide announced that they made clean hydrogen fuel from seawater without pre-treatment. Demand for hydrogen fuel, a clean energy source that only produces water when burned, is expected to increase in the coming years as the world continues to pivot away from fossil fuels. The findings could eventually provide cheaper

TMEIC develops a new product for electrolyzer technologies

TMEIC has developed a new generation power electronics product to achieve a high current DC power supply for modern-day electrolyzer technologies. The Type-1 system uses a 24-pulse diode front-end rectifier for AC to DC conversion. In addition, the Type-2 system uses an IGBT front-end converter for AC to DC conversion. The IGBT front-end converter offers

Jefferies values Reliance’s green hydrogen business at $8 bn

Foreign brokerage Jefferies, which has a base case target of Rs 3,100 on Reliance Industries (RIL), said EU and India’s 2030 green hydrogen (H2) targets translate into a $74 billion total addressable market (TAM) for RIL’s electrolyzer manufacturing business. In a report, Jefferies said RIL would replace gray H2 with green at its refineries and

South Australia seeks proposals for world’s biggest hydrogen power plant

The South Australia government has launched the formal process for partners in its ambitious green hydrogen power plant proposal for the steel city of Whyalla, a plan it hopes will be as transformational for the state as the original Tesla big battery. The state Labor government plans to invest $593 million to build a 250MW

Nel ASA and GM collaborate on renewable hydrogen production

Nel Hydrogen US, a subsidiary of Nel ASA, has entered into a joint development agreement with General Motors to help accelerate the industrialization of Nel’s proton exchange membrane (PEM) electrolyzer platform. By combining GM’s extensive fuel cell expertise and Nel’s deep knowledge of electrolyzers, the two companies are looking to enable more cost competitive sources

Electrolyzer developed to produce hydrogen form air

Australian researchers have created a prototype electrolyser capable of harvesting water from the air and then splitting it to produce hydrogen gas for use as a green fuel. This device is powered by a solar panel and can operate effectively in extremely dry climates. Hydrogen is widely hailed as a cleaner alternative to CO2-emitting fossil

Ceres to partner with and Shell to deliver electrolyser demonstrator

Ceres Power has agreed to partner with Shell to deliver a megawatt scale solid oxide electrolyser (SOEC) demonstrator in 2023. The partnership to utilize SOEC technology to deliver high-efficiency, low-cost green hydrogen. The system will be installed at Shell’s R&D technology center in Bangalore, India, where the hydrogen will be used in industrial processes on

Rolls-Royce forays into hydrogen market

Rolls-Royce now forays to the hydrogen production market with the acquisition of 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer. Hoeller Electrolyzer, based in Wismar, Germany, is an early-stage technology company that is developing highly efficient polymer electrolyte membrane (PEM) stacks, under the brand name Prometheus, for the cost-effective production of hydrogen. The technology