Connection

popular articles

Alpiq awards €20 million order to Merus Power
Redelio Renewables LLC: 2.4 GW Energy Storage Ambition in the U.S.
Belgium completes financing for its first Green Hydrogen Plant
Sceye validates solar-powered stratospheric flight
Eni obtains crucial approvals for gas projects in Indonesia

HydrogenPro ASA Unveils Exceptional Third Quarter Performance

HydrogenPro ASA today announced impressive third-quarter financial results, marked by exceptional sales growth and significant milestones achieved.
centrale de 100 MW

Please share:

During this exceptional quarter, HydrogenPro ASA’s sales rose spectacularly, exceeding those of the previous year’s third quarter by more than a factor of ten.

Order confirmation with Andritz

One of the highlights of the quarter was the confirmation of an order for a 100 MW power plant in partnership with Andritz, an Austrian industrial giant. This order testifies to the success of the strategic partnership between HydrogenPro and Andritz.

Important milestones reached

In its financial report, HydrogenPro revealed several important milestones achieved over the past three months. In addition to the order with Andritz, the company is making progress on the delivery of 220 MW of high-pressure alkaline electrolyzers suitable for renewable energy input, with a contract estimated at over US$50 million in partnership with Mitsubishi Power.

Promising Projects

HydrogenPro is also the exclusive supplier of more than 800 MW of electrolysers for the DG Fuels sustainable aviation fuel plant in Louisiana, with an expected contract value in excess of 500 million US dollars. The company recently announced a strategic partnership with Airbus.

New CEO for HydrogenPro INC

Finally, HydrogenPro INC, the company’s US subsidiary, has appointed Jeff Spethmann as CEO, strengthening its strategic presence in the United States. The Biden/Harris administration continues to support the development of sustainable hydrogen value chains, with $7 billion in funding for seven regional clean hydrogen hubs.
All in all, HydrogenPro ASA had an exceptional quarter, marked by significant sales growth and the achievement of several major milestones. The partnership with Andritz, ongoing projects with Mitsubishi Power and DG Fuels, and political support in the USA, position the company for continued growth and positive margins. CEO Jarle Dragvik expresses confidence in the company’s future and looks forward to the opportunities ahead.

Register free of charge for uninterrupted access.

Publicite

Latest news

The United States Grants Two Subsidies for Nuclear Projects in Bulgaria
Flamanville’s EPR: 20 Years of Challenges for a New Energy Hope
The EU Introduces a CO2 Label for Air Travel
Westinghouse signs a 20 billion CAD agreement for nuclear projects in Canada
National Grid: a record £35 billion investment to modernize the UK’s electricity grid

Recently published in

Low-carbon hydrogen in Mexico: Nuevo León and the World Bank aim for 7 million tons by 2030

Nuevo León joins a World Bank program to develop 7 million tons of low-carbon hydrogen by 2030, a strategic milestone for renewable energy and regional energy policy.
Hydrogen: Air Liquide announces a project in Antwerp for 2025
Air Liquide will develop an ammonia cracker in Antwerp in 2025 to support low-carbon hydrogen supply in Europe. A strategy addressing regional economic and environmental challenges.
en_1140939540
Hydrogen: Air Liquide announces a project in Antwerp for 2025
Air Liquide will develop an ammonia cracker in Antwerp in 2025 to support low-carbon hydrogen supply in Europe. A strategy addressing regional economic and environmental challenges.
en_1140939540
Qingdao: Sinopec launches 20 m³ per hour green hydrogen production from seawater
Sinopec inaugurates a pioneering green hydrogen project in Qingdao, using seawater and solar energy to produce 20 cubic meters per hour, a strategic advancement for national energy autonomy.
en_1140967540
Qingdao: Sinopec launches 20 m³ per hour green hydrogen production from seawater
Sinopec inaugurates a pioneering green hydrogen project in Qingdao, using seawater and solar energy to produce 20 cubic meters per hour, a strategic advancement for national energy autonomy.
en_1140967540
Axpo launches a new hydrogen plant in Switzerland to strengthen its industrial positioning
Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.
en_1140931540
Axpo launches a new hydrogen plant in Switzerland to strengthen its industrial positioning
Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.
en_1140931540

Everfuel and Karlstads Energi receive potential funding for a hydrogen project in Sweden

Everfuel and Karlstads Energi have received a funding notification for a 20 MW electrolyzer project in Karlstad, financed by Sweden’s Klimatklivet program.
South Korea: Low-carbon hydrogen tenders struggle due to high costs
South Korea’s low-carbon hydrogen energy tenders struggle to attract bidders due to insufficient price ceilings and a lack of appropriate incentive clauses.
en_1140922540
South Korea: Low-carbon hydrogen tenders struggle due to high costs
South Korea’s low-carbon hydrogen energy tenders struggle to attract bidders due to insufficient price ceilings and a lack of appropriate incentive clauses.
en_1140922540
First Hydrogen explores SMRs to industrialize green hydrogen production
First Hydrogen explores SMRs to industrialize green hydrogen production
en_1140895540
First Hydrogen explores SMRs to industrialize green hydrogen production
First Hydrogen explores SMRs to industrialize green hydrogen production
en_1140895540
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
en_1140897540
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
en_1140897540

The network operators launch feasibility studies for the Nordic-Baltic Hydrogen Corridor

Six European network operators initiate an in-depth feasibility phase to assess the technical and economic viability of a hydrogen corridor connecting several strategic markets.
Towards Greater Price Transparency for Hydrogen in North America
North American hydrogen producers adopt innovative strategies to improve price transparency, hoping to attract sectors such as ammonia, mobility, and power generation.
en_1140886540
Towards Greater Price Transparency for Hydrogen in North America
North American hydrogen producers adopt innovative strategies to improve price transparency, hoping to attract sectors such as ammonia, mobility, and power generation.
en_1140886540
Hygreen Energy delivers 25 MW electrolyzer for the largest hydrogen project in Shandong
Hygreen Energy has supplied a 25 MW electrolyzer system to Huadian Weifang Power Generation Co., marking a key milestone in large-scale hydrogen production and China’s energy transition.
en_1140866540
Hygreen Energy delivers 25 MW electrolyzer for the largest hydrogen project in Shandong
Hygreen Energy has supplied a 25 MW electrolyzer system to Huadian Weifang Power Generation Co., marking a key milestone in large-scale hydrogen production and China’s energy transition.
en_1140866540
Air Liquide receives €110M for a hydrogen project in Antwerp
Air Liquide secures European funding to develop a hydrogen infrastructure from ammonia in the Antwerp-Bruges port, strengthening its industrial strategy in the energy sector.
en_1140842540
Air Liquide receives €110M for a hydrogen project in Antwerp
Air Liquide secures European funding to develop a hydrogen infrastructure from ammonia in the Antwerp-Bruges port, strengthening its industrial strategy in the energy sector.
en_1140842540

Ballard Power Systems to Supply Hydrogen Engines for Zero-Emission Trains in California

Ballard Power Systems announces a strategic partnership with Stadler US to provide 8 MW of FCmove®-HD+ engines for zero-emission trains for Caltrans, supporting California's environmental goals.
Oman and Belgium Unite for a Strategic Partnership Around Green Hydrogen
A memorandum of understanding between Oman and Belgium marks a turning point for the hydrogen economy, strengthening international cooperation and accelerating progress in technologies and infrastructures related to this clean energy.
en_1140761540
Oman and Belgium Unite for a Strategic Partnership Around Green Hydrogen
A memorandum of understanding between Oman and Belgium marks a turning point for the hydrogen economy, strengthening international cooperation and accelerating progress in technologies and infrastructures related to this clean energy.
en_1140761540
Tunisia to Launch Hydrogen Production by 2030
Tunisia plans to initiate its hydrogen projects by 2030. With agreements signed by international industrial partners, the country aims to export this energy carrier massively to Europe.
en_1140754540
Tunisia to Launch Hydrogen Production by 2030
Tunisia plans to initiate its hydrogen projects by 2030. With agreements signed by international industrial partners, the country aims to export this energy carrier massively to Europe.
en_1140754540
Egypt Invites BP to Strengthen Investments in Hydrogen
Egypt Invites BP to Strengthen Investments in Hydrogen
en_1140744540
Egypt Invites BP to Strengthen Investments in Hydrogen
Egypt Invites BP to Strengthen Investments in Hydrogen
en_1140744540

Green Hydrogen: Drastic Cost Reduction to $2.5/kg by 2030

The decline in green hydrogen production costs could transform heavy industries by 2030, with a projected price of $2.5/kg, driven by technological innovation and scaling.
Uncertainty Around 45V Tax Credit Slows the U.S. Hydrogen Industry
The future of clean hydrogen projects in the U.S. remains unclear due to ambiguity around the 45V tax credit. This instability concerns investors and industry players, limiting their ability to advance major projects.
en_1140750540
Uncertainty Around 45V Tax Credit Slows the U.S. Hydrogen Industry
The future of clean hydrogen projects in the U.S. remains unclear due to ambiguity around the 45V tax credit. This instability concerns investors and industry players, limiting their ability to advance major projects.
en_1140750540
Samsung C&T selects Nel ASA for a pilot hydrogen energy project in South Korea
Samsung C&T signs a contract with Nel ASA for the delivery of 10 MW of electrolyzers for South Korea's first pilot project producing pink hydrogen using nuclear power surpluses.
en_1140695540
Samsung C&T selects Nel ASA for a pilot hydrogen energy project in South Korea
Samsung C&T signs a contract with Nel ASA for the delivery of 10 MW of electrolyzers for South Korea's first pilot project producing pink hydrogen using nuclear power surpluses.
en_1140695540
A Floating Plant Revolutionizes Green Ammonia Production with Wave Energy
SwitcH2 and CorPower Ocean join forces to develop a floating green ammonia production unit in open waters, combining renewable energy sources with revolutionary wave energy technology.
en_1140675540
A Floating Plant Revolutionizes Green Ammonia Production with Wave Energy
SwitcH2 and CorPower Ocean join forces to develop a floating green ammonia production unit in open waters, combining renewable energy sources with revolutionary wave energy technology.
en_1140675540

Germany Accelerates Renewable Hydrogen Certification: A Crucial Step

Germany launches an unprecedented process to recognize certification schemes for Renewable Fuels of Non-Biological Origin (RFNBO), paving the way for a certified market and financial incentives for green hydrogen production.
RIC Energy obtains environmental authorization for a green hydrogen project in Valladolid
RIC Energy, a pioneer in renewable energy, secures its first authorization for a green hydrogen plant in Valladolid, marking a milestone in Castile and León's energy transition.
en_1140590540
RIC Energy obtains environmental authorization for a green hydrogen project in Valladolid
RIC Energy, a pioneer in renewable energy, secures its first authorization for a green hydrogen plant in Valladolid, marking a milestone in Castile and León's energy transition.
en_1140590540
Primary Hydrogen expands operations with the acquisition of two natural hydrogen projects in Canada
Primary Hydrogen Corp. announces the acquisition of two natural hydrogen exploration projects in Newfoundland and Labrador, strengthening its portfolio with a strategy focused on geological formations conducive to natural hydrogen production.
en_1140623540
Primary Hydrogen expands operations with the acquisition of two natural hydrogen projects in Canada
Primary Hydrogen Corp. announces the acquisition of two natural hydrogen exploration projects in Newfoundland and Labrador, strengthening its portfolio with a strategy focused on geological formations conducive to natural hydrogen production.
en_1140623540
Germany Invests €24 Billion in a Green Hydrogen Transportation Network
Germany's public bank KfW is financing an ambitious national project to create a 9,040-kilometer pipeline network for green hydrogen, a cornerstone of the country's energy transition strategy.
en_1140614540
Germany Invests €24 Billion in a Green Hydrogen Transportation Network
Germany's public bank KfW is financing an ambitious national project to create a 9,040-kilometer pipeline network for green hydrogen, a cornerstone of the country's energy transition strategy.
en_1140614540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS