All articles tagged with #hydrogen technology
A new copper-based alloy developed in Japan maintains its shape memory properties at extremely low temperatures, enabling advancements in space exploration and hydrogen tech, with potential applications in cryogenic actuators, space telescopes, and hydrogen storage, highlighting significant progress in materials science and interdisciplinary collaboration.
Toyota Gazoo Racing team director Rob Leupen has expressed enthusiasm over Alpine's support for liquid hydrogen technology, which is set to be introduced in the 24 Hours of Le Mans in 2027. Alpine's Alpenglow concept car, revealed at Spa, indicates their commitment to hydrogen combustion technology, complementing Toyota's earlier efforts. However, Leupen remains skeptical about meeting the 2027 timeline due to the lack of specific regulations and necessary infrastructure.
Thyssenkrupp has launched the long-awaited IPO of its hydrogen division Nucera, targeting proceeds of up to €600m ($647m) via the sale of new shares. The IPO, which was delayed by weak market conditions after the Ukraine war, is expected to be completed before the summer break. Nucera builds electrolysers to produce green hydrogen, a field in which it competes with Nel, ITM Power, McPhy Energy and Plug Power. The move comes less than two weeks after Thyssenkrupp's new CEO Miguel Lopez took over from Martina Merz, underlining his commitment to steer the German industrial icon into calmer waters and raise its languishing share price.
Norwegian company Nel Hydrogen will build a $400 million hydrogen technology facility in Michigan, which is expected to create 500 jobs. The facility will produce renewable hydrogen and will be the largest of its kind in the US. The state has offered Nel up to $10 million in business development program grants. The Michigan plant alone will have more electrolyzer capacity than all of Europe combined and will be one of the largest in the world. The Inflation Reduction Act passed last year included massive tax credits for companies to produce hydrogen from renewable sources.