ThyssenKrupp Nucera reports a decrease of more than 20% in the sale of the third quarter, with narrowing losses in green hydrogen and decreasing profit in the chlorine-alkali-segment.
ThyssenKrupp Nucera The sale of the electrolysis technologies fell by more than 20%in the third quarter of the tax year 2024-25. Alkalic water electrolysis (AWE) fell 23% to € 103 million ($ 119.6 million), while the chlorine-alkali (CA) segment fell by 21% to € 81 million. Based on provisional, non -GEAUDITED figures, the electrolysis specialist said It expects the consolidated income before interest and taxes (EBIT) of EUR 0 million for the third quarter of the current 2024-25 tax year.
Plug has signed a multi -year food agreement with an unnamed American industrial gas company. “The Agreement extends the current strategic relationship of the companies up to and including 2030, so that the reliable hydrogen supply is obtained for the growing applications activities of the plug,” ” said The plug capacity based in New York. It claimed that it has used more than 72,000 fuel cell systems and 275 gas stations. The hydrogen production factories are operational in Georgia, Tennessee and Louisiana.
Pennsylvania Governor Josh Shapiro said Verne will open his first production facility in the state. The energy storage company established in California will invest $ 4.5 million in the project and receive $ 1.27 million in public financing. Verne has developed a process to increase hydrogen density by storing it in a cold and compressed state. “Scaling up for commercial activities, the company will produce hydrogen storage ships in its new facility at Marcellus Energy Park in Muncy,” said Shapiro’s office.
The New York State Energy Research and Development Authority (Nyserda) has assigned $ 3.9 million to support the development of maritime solutions for clean hydrogen transport in the state. “This financing promotes new and disadvantaged ships as another option to deliver and distribute clean hydrogen,” said Nyserda. It noted that financing can help overcome logistical and economic challenges related to land -based transport. Projects require a cost share of at least 50% from non-Nyserda sources.
The European Commission Has introduced a greenhouse gas emission method for low -carbon hydrogen and fuels. “This methodology is a supplement to the existing renewable hydrogen and renewable fuels of non-biological origin (RFNBOs), which completes the regulatory framework of the EU for hydrogen,” ” said the European executive body. To be eligible as low-carbon, hydrogen and related fuels, at least 70% savings must achieve on the emissions of greenhouse gases compared to without prejudice to fossil fuels, the committee said.
Sineng Electric has signed a strategic cooperation agreement with Shuangliang Group to promote integrated development in the “Solar + Storage + Hydrogen value chain”. The two Chinese companies will jointly develop demonstration projects. “The scope of the collaboration includes joint R&D on technology and equipment, development of projects with Zero-Carbon Park, Operation and Maintenance Services and International Market Expansion,” ” said Sineng.
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