hydrogen

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Researchers from Japan Develop Data-driven Model for Hydrogen Storage

Researchers at Tohoku University in Japan have developed a data-driven model that can predict barriers related to dehydrogenation, a chemical reaction that involves the...

May 23, 2024

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Arshreet Singh

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Energy Storage

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Technology
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Daily News Wrap-Up: Solar Generation in India Rises 8.8% YoY to 32 BU in 2024

India generated approximately 32 billion units (BU) of solar power in the first quarter  of the calendar year 2024, an 8.8% year-over-year increase. The country’s solar...

May 15, 2024

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Mercom Staff

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Daily Wrap-up
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Plug Power’s Losses Deepen Despite Cost-Cutting Measures

U.S.-based hydrogen fuel cell company Plug Power‘s loss-widening streak continued even after it announced cost-cutting measures following the resolution of going...

May 14, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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Fuel Cell Firm Ballard Posts $14.5 Million Revenue, Proposes New 3 GW Facility

Fuel cell manufacturer Ballard Power Systems recorded a net loss from continuing operations in the first quarter (Q1) of 2024 amounted to $41.1 million, recording an...

May 8, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Indian Oil to Set Up Subsidiary to Deploy 1 GW Renewable Energy Projects

Indian Oil Corporation (IOCL) has decided to form a wholly-owned subsidiary to undertake low-carbon, clean, and green energy businesses with an equity investment of ₹13....

May 3, 2024

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Staff

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Renewable Energy
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SECI Invites Bids for 1.5 GW Electrolyzer Manufacturing Under SIGHT II Program

The Solar Energy Corporation of India Limited (SECI) has issued a request for the selection of electrolyzer manufacturers for setting up 1.5 GW of electrolyzer...

March 18, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Ballard Power Systems’s Loss Up 77% to $48.9 Million

Fuel cell manufacturer Ballard Power Systems has reported a net loss of $48.9 million in the fourth quarter (Q4) of 2023, an increase of 77.17% year-over-year (YoY) from...

March 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Plug Power Resolves ‘Going Concern’ Doubts as 2023 Revenues Increase by 27%

Plug Power, a U.S.-based hydrogen fuel cell company, reported a revenue of $891 million for 2023, up 27% from the prior year, allaying fears about its ability to...

March 7, 2024

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Arshreet Singh

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Finance and M&A
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Government Invites Bids to Advance Hydrogen Value Chain Technologies

The Department of Science & Technology (DST) has invited proposals to upgrade lab-scale technologies, which are at technology readiness levels (TRL) 3-4, to reach...

December 4, 2023

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Gautamee Hazarika

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Renewable Energy

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Tenders & Auctions
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Daily News Wrap-Up: Canada Launches $1.1 Billion Critical Minerals Development Fund

Canada’s Ministry of Energy and Natural Resources has launched a CA$1.5 billion (~$1.1 billion) fund to develop critical minerals infrastructure to be spent over seven...

November 27, 2023

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Mercom Staff

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Daily Wrap-up
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Plug Power Reports Net Loss of $283 Million in Q3 as Hydrogen Supply Challenges Mount

Plug Power, a U.S.-based hydrogen fuel cell company, recorded a net loss of $283.48 million during the third quarter (Q3) of the financial year (FY) 2023, a...

November 14, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Global Investments in Clean Energy to Reach $1.8 Trillion in 2023: IEA

Global investments in clean energy could reach an unprecedented $1.8 trillion in 2023, but this must increase significantly to about $4.5 trillion annually by early 2030...

September 29, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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US Launches $1 Billion Initiative to Support Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a plan to invest up to $1 billion in a demand-side initiative called the Regional Clean Hydrogen Hubs (H2Hubs)  to...

July 6, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Government Launches Mission to Develop Emerging Technologies in Power Sector

The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have launched the Mission on Advanced and High-Impact Research (MAHIR), a national...

June 7, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Namibia Greenlights $10 Billion Green Hydrogen Project

The Government of the Republic of Namibia approved the government’s entry into a $10 billion Feasibility and Implementation (FIA) agreement with Hyphen Hydrogen Energy...

May 29, 2023

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Gourav Mishra

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Other

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Renewable Energy

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