Nel Hydrogen’s Post

𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭: https://lnkd.in/dXshAxr6 Global 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 is valued at USD 1.83 Billion in 2021 and expected to reach 𝐔𝐒𝐃 𝟑𝟕.𝟔 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 by 𝟐𝟎𝟐𝟖 with a CAGR of 𝟓𝟒.𝟎𝟏% over the forecast period. 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: ITM Power Nel Hydrogen Air Products ENGIE Siemens Gamesa Plug Power Messer Group, Inc. Air Liquide Cummins Inc. Linde Shell bp TotalEnergies Iberdrola Enel Green Power Ørsted Equinor Repsol RWE Statkraft Fortescue Future Industries Snam S.p.A. EDF Renewables North America Hydrogenics (a Cummins company) McPhy Energy Deutschland GmbH thyssenkrupp Ballard Power Systems Hexagon Purus Hyzon Motors FuelCell Energy FirstElement Fuel, Inc. Doosan Fuel Cell Co., Ltd. Bloom Energy SunHydrogen, Inc. Nikola Corporation Praxair, Inc - a Linde Company Emerson Chart Industries, Inc. Nel Hydrogen (part of NEL ASA) H2 Mobility Deutschland Verwaltungs GmbH

𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭: https://lnkd.in/dXshAxr6 Global 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 is valued at USD 1.83 Billion in 2021 and expected to reach 𝐔𝐒𝐃 𝟑𝟕.𝟔 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 by 𝟐𝟎𝟐𝟖 with a CAGR of 𝟓𝟒.𝟎𝟏% over the forecast period. 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: ITM Power Nel Hydrogen Air Products ENGIE Siemens Gamesa Plug Power Messer Group, Inc. Air Liquide Cummins Inc. Linde Shell bp TotalEnergies Iberdrola Enel Green Power Ørsted Equinor Repsol RWE Statkraft Fortescue Future Industries Snam S.p.A. EDF Renewables North America Hydrogenics (a Cummins company) McPhy Energy Deutschland GmbH thyssenkrupp Ballard Power Systems Hexagon Purus Hyzon Motors FuelCell Energy FirstElement Fuel, Inc. Doosan Fuel Cell Co., Ltd. Bloom Energy SunHydrogen, Inc. Nikola Corporation Praxair, Inc - a Linde Company Emerson Chart Industries, Inc. Nel Hydrogen (part of NEL ASA) H2 Mobility Deutschland Verwaltungs GmbH

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 ➡ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/d7QH_d5c 🔹 In June 2022, A joint venture between Siemens Energy and Air Liquide was established for manufacturing large-scale renewable hydrogen electrolyzes in Europe. By fostering a European ecosystem for electrolysis and hydrogen sources, this alliance will likely make Europe's sustainable hydrogen economy possible. Production is anticipated to start in the second half of 2023 and build up to a three-gigawatt annual production capacity by 2025. In the joint venture, Siemens Energy would own 74.9%, with Air Liquide presumably holding 25.1%. 🔹 In Nov 2020, The Adani Group announced intentions to invest US$ 70 billion in green energy, and it is anticipated that this investment will be crucial to India's shift to green energy. 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞: Linde Air Liquide Air Products ENGIE Uniper Siemens Energy Green Hydrogen Systems Cummins Inc. Toshiba Energy Systems & Solutions Corporation SGH2 Energy Plug Power Aker Horizons Hy2gen Fusion Fuel Loop Energy Inc. ERGOSUP #GreenHydrogen #HydrogenEnergy #RenewableEnergy #HydrogenElectrolysis #SustainableEnergy #SiemensEnergy #AirLiquide #AdaniGroup #CleanEnergy #HydrogenEconomy #Electrolysis

𝐂𝐥𝐞𝐚𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐛𝐲 𝟐𝟎𝟑𝟒 According to a research report by Prophecy Market Insights, the global Clean Hydrogen Market Size was valued at USD 4.8 billion in 2024 and is expected to grow at a CAGR of 15.1% to reach USD 17.3 billion by 2034 𝙆𝙚𝙮 𝘿𝙧𝙞𝙫𝙚𝙧𝙨 𝙤𝙛 𝙩𝙝𝙚 𝘾𝙡𝙚𝙖𝙣 𝙃𝙮𝙙𝙧𝙤𝙜𝙚𝙣 𝙈𝙖𝙧𝙠𝙚𝙩: 𝐃𝐞𝐜𝐚𝐫𝐛𝐨𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐆𝐨𝐚𝐥𝐬 – Governments and industries are investing heavily in clean hydrogen to meet their carbon reduction targets. 𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 – Produced using renewable energy sources like wind and solar, green hydrogen is the cleanest form of hydrogen with zero emissions. 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐅𝐮𝐞𝐥 𝐂𝐞𝐥𝐥𝐬 – Powering everything from vehicles to industrial processes, fuel cells are a game-changer for reducing carbon footprints. 𝗘𝗻𝗲𝗿𝗴𝘆 𝗦𝘁𝗼𝗿𝗮𝗴𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 – Hydrogen offers an efficient way to store excess renewable energy for use during peak demand. Key Players Includes: Air Liquide | Linde | Plug Power | Siemens Energy | Ballard Power Systems | ITM Power | Cummins Inc. | Shell | Hyundai Motor Group

RWE secures land option for green hydrogen plant in Teesside. RWE is forging ahead with plans to establish a green hydrogen production plant in Teesside, with the acquisition of a significant land option at Wilton International. The proposed plant, with an initial size of up to 260 megawatts-electrolyzer (MWe), is poised to become a cornerstone of the region's green energy infrastructure. By harnessing electrolysis technology, RWE seeks to produce up to five tonnes per hour of green hydrogen, offering a sustainable alternative to conventional fossil fuels.

Plug Power Secures 7.5 GW in Global BEDP Contracts Despite Challenges. By ANGELA LINDERS Plug Power Inc., a pioneering leader in hydrogen energy, has achieved a major milestone by securing 7.5 gigawatts (GW) in global Basic Engineering and Design Package (BEDP) contracts since launching this service 2yrs ago. These BEDP contracts are crucial for the company as they encapsulate the preliminary analysis and design work necessary to implement large-scale hydrogen production and distribution projects. By reaching this milestone, Plug Power has solidified its position at the forefront of the renewable energy revolution, ensuring efficient, scalable and reliable hydrogen solutions for a sustainable future. “The introduction of our BEDP has significantly propelled the growth of our electrolyzer business,” said Plug CEO Andy Marsh . “This milestone not only highlights the increasing demand for green hydrogen but also underscores Plug’s industry-leading position in PEM electrolyzer technology and driving the green hydrogen revolution.” https://lnkd.in/ddzcWab8

Shell takes FID on another 100 MW PEM electrolyzer project. It must be noted that the project is an extension of a 10 MW demo plant funded by the EU earlier (REFHYNE). It seems the large scale projects are reaching financial investment decision, and uncertainty related to the business cases is reducing. Hopefully more projects in different geographies reach the important project milestones and help decarbonize the energy system quicker. #greenhydrogen #climatechange https://lnkd.in/dNjVKc_n

𝐆𝐫𝐞𝐞𝐧 𝐡𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐫𝐢𝐬𝐞! 🔺The PEM electrolyzer market is expected to see significant growth, driven by increasing demand for clean energy technologies and the push for green hydrogen production. MarkNtel Advisors predicts a CAGR of 15.7% in the global #green_hydrogen_market by 2030, with PEM technology leading the charge. 🔺𝐖𝐡𝐲 𝐏𝐄𝐌? ·        Higher hydrogen production rate ·        Improved energy efficiency ·        Compact design These factors make PEM electrolyzers an attractive choice for producers looking for sustainable and efficient hydrogen production. Ready to learn more? 🔺𝐃𝐢𝐯𝐞 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐢𝐧 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐩𝐫𝐞𝐬𝐬 𝐫𝐞𝐥𝐞𝐚𝐬𝐞: https://lnkd.in/dBEB-pDX 🔺𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Linde Engineering , Air Liquide, Air Products & Chemicals, ENGIE, Uniper, Wind to Gas Energy GmbH & Co. KG, Shell. #Energy #greenhydrogen #PEMelectrolyzer #renewableenergy #sustainability #marketresearch #marketresearchreport #marketshare #marketsize #marketgrowth #marketanalysis #consulting #consultingservices #markntel #marknteladvisors #marketresearch #IndustryNews #industrytrends #businessnews #industryresearchreports

𝐆𝐫𝐞𝐞𝐧 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 - 𝐇𝐢𝐠𝐡 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐆𝐮𝐢𝐝𝐞 - https://lnkd.in/duwhCv6g Green Hydrogen Market is projected to grow from USD 1.1 billion in 2023 to USD 30.6 billion by 2030, at a CAGR of 61.1% during the forecasted period. High demand from the mobility segment, #powerindustry, electrolysis technologies development, and the low cost for producing #renewableenergy is expected to drive the #greenhydrogen market. - Alkaline electrolysis is accounted for the largest segment of the #greenhydrogenmarket in terms of value. - The #windenergy is accounted for the largest segment, in terms of value in the global green #hydrogen market during the forecasted period in terms of value - The #mobility end-use industry accounted for the largest market share in the global green hydrogen market during the forecast period in terms of value and volume. There is significant competition in the green hydrogen market to develop new process technology, lower the manufacturing cost, expand, and increase the use of green hydrogen in the end-use industries. Owing to such opportunities in the industry, companies are aiming to enhance their market shares by adopting various strategies. Linde plc (Ireland), Guangdong New Energy Technology Co., Ltd. energy Hydrogen Power Technology (China), Siemens Energy AG (Germany), H & R Ölwerke Schindler GmbH (Germany), Cummins Inc. & Enbridge Gas (Canada), Wind to Gas Energy GmbH & Co. KG (Germany), Toshiba Energy Systems & Solutions Corporation (Japan), and Nel Hydrogen ASA (Norway) are the leading players in the market.

🔧 Plug Power wins major order for electrolysers from bp-Iberdrola joint venture 🔧. #Innovation #Sustainability #Hydrogen #Industry #GreenTechnology #Decarbonization 🌱 Plug Power Inc (NASDAQ: PLUG) has announced a major order for 25 megawatt (MW) proton exchange membrane electrolysers (PEM) for Castellón Green Hydrogen S.L., a joint venture between bp and Iberdrola. This order is a significant step towards reducing carbon emissions at bp's refinery in Castellón, Valencia, Spain. 🔋 Plug Power will provide five 5 MW containerised PEM electrolysers, which are expected to reduce 23,000 tonnes of CO2 emissions annually by replacing grey hydrogen with green hydrogen in the refinery's operations. Green hydrogen is produced using renewable energy, while grey hydrogen is sourced from natural gas. 🌍 This agreement not only represents a breakthrough in the decarbonisation of the economy, but also highlights the growing importance of green hydrogen as a sustainable and efficient solution for the energy industry. 🔗 More information: https://bit.ly/4djwYEa .