Nikola bets on electric and hydrogen trucks for long-haul economic recovery, goes public via SPAC
Bucking a volatile market, the company’s NASDAQ debut signals growing auto industry confidence in clean transport as engine for post-Covid economic recovery
Chinese PV Industry Brief: Financials, a new GW-scale factory, and big hydrogen
Longi and Sungrow both announced solid financial results last week. Module maker China Solar delayed the resumption of trading on the Hong Kong stock exchange, and polysilicon producer GCL-Poly unveiled plans to raise up to $16.8 million by issuing shares. Coal miner Baofeng Energy, meanwhile, announced the construction of what it claims will be the world’s largest PV-powered hydrogen plant, and Seraphim and Lu’An Solar revealed that they will open a 5 GW PV panel factory in China’s Jiangsu province.
Hydrogen and ‘direct air carbon capture’ enter the policy conversation
While utilities, municipalities and states across the U.S. struggle to find a cost-effective way to get to 100% carbon-free power, some companies, like Wärtsilä North America, think that the answer is closer than we realize.
Green hydrogen and the switch to a secure, ‘climate-friendly’ gas-based energy supply
German industrial giants Uniper and Siemens are working together to advance the use of green hydrogen and replace conventional, gas-fired hydrogen production plants.
Morning brief: Trump’s war on solar, Europe’s biggest green hydrogen project
Also in the brief: The $400 million, 500 MW PV project in Oman, Tampa Electric Company is looking to double its solar capacity, New York passes renewable siting legislation and more.
Electrolyzer overview: Lowering the cost of hydrogen and distributing its production
Electrolyzer manufacturers are in agreement on the goal of rapidly reducing investment costs, mainly through economies of scale. Some are embracing large units, while others are betting on quantity over size. The first approach is attractive for operators of large PV plants, while the latter is better suited to operators of small systems.
Hydrogen is the first viable option for seasonal storage
Compressed hydrogen is “the first viable option” to help meet wintertime electricity demand in a high-renewables grid, says DNV GL, a global consulting firm.
Green hydrogen backed by US solar firms 8minute and Intersect Power
Two solar firms have helped launch an industry group promoting green hydrogen, which is produced using solar or wind power. The group backs a Utah project that would use 30% green hydrogen in 2025 and 100% green hydrogen by 2045.
Orlando utility explores doubling PV capacity, groundbreaking hydrogen project
The Orlando Utility Commission will not only be adding 149 MW of solar projects to its generation portfolio, but is also developing a first-of-its-kind hydrogen storage project, with the hope it can be PV’s perfect partner in the future.
The slow, inexorable rise of green hydrogen
The International Renewable Energy Association says the integration of hydrogen into the energy transition will not happen overnight and electrolysis costs will not be halved until the 2040s. But that hydrogen and related products could revolutionize the world energy landscape is not in doubt.
