DOE advances $1 billion of $7 billion clean hydrogen strategy
The demand-side initiative will help advance clean hydrogen hubs and support President Biden’s Investing in America agenda for building a clean energy economy with 100,000 jobs.
Sunrise brief: Morgan Stanley and Santander invest $520 million in solar projects
Also on the rise: Scaling green hydrogen. EV sales to make up nearly one-third of passenger vehicle sales in U.S. by 2026. And more.
Green hydrogen: The scaling challenge
Achieving scale in green hydrogen production is of the essence and will require subsidies and policy support, at least in the early years.
Green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte
By 2050, the practice of using renewable energy to electrolyze water and create hydrogen fuel may reach a global market of well over $1 trillion USD.
U.S. Inflation Reduction Act poses threat for Australia in green hydrogen race
Former Reserve Bank of Australia Deputy Governor Guy Debelle has warned that the U.S. Inflation Reduction Act (IRA) poses a “material threat” to Australia’s push to become a green hydrogen superpower.
Sunrise brief: Solar-hydrogen racing yacht to circumnavigate the globe
Also on the rise: Shoals files patent complaint for solar connectors and wire harnesses. Construction complete on largest solar plant in Texas. And more.
Solar-hydrogen racing yacht to circumnavigate the globe
A partnership between Maxeon Solar Technologies and OceansLab will result in the production of the world’s first hydrogenelectric race yacht.
U.S. clean hydrogen roadmap released
In addition to releasing the roadmap, the Biden Administration has earmarked billions of dollars of funding for investing in the advancement of clean hydrogen, which has many uses and can play a vital role in reducing emissions from some of the most energy-intensive sectors of our economy.
Hydrogen Power: Collaborator, not competitor
While hydrogen is poised for growth, it is not poised to knock off—or even compete with—solar and wind. Instead, if done correctly, hydrogen might help drive further adoption of wind and solar.
Nickel-zinc battery systems paired with hydrogen, EV charging
ZincFive is supplying its battery systems into a hydrogen fueling microgrid and a pilot DC fast charging station project of Advanced Power & Energy in Greenville, Pennsylvania.
