Hydrogen

Gas and electricity prices are putting the global economy under pressure while also opening huge opportunities for solar, renewables, and green hydrogen.

Also on the rise: JinkoSolar’s “very challenging” Q2, Silfab secures an investment, and megawatt-scale solar e-truck charging rolls into California.

Hyundai Motor Group will test the energy storage system business model and expand its scope to include hydrogen.

Also on the rise: Making sense of the triple trade threat facing solar, proposed rules could speed up energy storage deployment in California, and water and a wipe may help cool down hot solar modules.

The Advanced Clean Energy Storage project would produce, store, and transport green hydrogen at utility scale for power generation, transportation, and industrial applications.

The bill would offer both a PTC and an ITC and won the support of the Environmental Defense Fund and the American Petroleum Institute.

The engine manufacturer is the latest to test technology that can combust hydrogen blended with natural gas. The goal of reaching 100% hydrogen for electricity production will require more work.

Job moves in solar, storage, cleantech, utilities, and energy transition finance.

Also on the rise: Altus Power is being acquired and will be NYSE-listed as “AMPS”, and Universal Hydrogen signs letters of intent to convert commercial aircraft to hydrogen.

Also on the rise: SoCalEdison launches a $436 million EV charge program; Ohio adds a hurdle for renewable project developers; and Cummins begins testing a hydrogen-fueled ICE.