Ballard Power Systems says it has begun restructuring its global operations to cut costs due to slower hydrogen infrastructure development and delayed fuel cell adoption.
Ballard Energy Systems has announced a global restructuring to reduce corporate spending due to “a slowdown in hydrogen infrastructure development and delayed fuel cell adoption.” CEO Randy MacEwen said that the Vancouver-based PEM fuel cell maker expects the changes to deliver “over 30% annualized total operating cost savings,” with most of the savings realized by 2025. The restructuring includes staff reductions and a “rationalization” of product development programs.
Forvia said it will supply Hyvia with complete hydrogen storage systems for the new Renault Master H2-Tech, unveiled at IAA Transportation 2024. “With four factories dedicated to mass production, we are delivering these advanced solutions at scale,” said Yves Dumoulin, senior vice president of hydrogen solutions at Forvia. “By 2023, we will have successfully delivered 11,000 H2 tanks to our customers for mobility applications.” The system features up to five second-generation composite carbon fiber tanks, which can hold up to 9 kg of hydrogen. Hyvia is a joint venture between Renault Group and Plug Power.
San Bernardino County Transportation Authority (SBCTA) said that “North America’s first self-powered, zero-emission passenger train” will be operating in California by the end of the year. The “Zemu” train uses hybrid hydrogen and battery technology to operate and power the onboard systems. The Swiss train manufacturer Stadler built the train.
The European Commission has said that the European Union will provide ZAR628 million ($35.6 million) to support the sustainable development of green hydrogen value chains in South Africa, “in line with the country’s priorities to add value to the domestic economy and the green industrialization.”
The Scottish Government has announced up to GBP 7 million ($9.24 million) to support development costs for green hydrogen projects with capacities from 5 MW to 400 MW. “Organizations have until the end of the month to apply for up to GBP 2 million in match funding from the scheme,” said the government. The deadline for submission is September 27.
H-Tec systems said it will supply a 1 MW PEM electrolyzer ME 450 for a green hydrogen project on the Spanish island of Fuerteventura. “The project is managed by the company IR Maxoinversiones and aims to decarbonize mobility on the island,” the company said.
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