Dutch Electrolyzer Merger Forms Alquion; Major Hydrogen Investments Announced Globally

Battolyser Systems and VDL Hydrogen Systems have completed their merger to form Alquion, a company focused on developing flexible alkaline electrolyzers for industrial applications. The merged entity claims its system can operate intermittently without additional degradation. Alquion is targeting a final investment decision on a 0.5 MW demonstration project in the second quarter, followed by a 5 MW to 10 MW first-of-a-kind system. The company plans to develop a domestic Dutch electrolyzer supply chain through the HyValueChain consortium.

Ming Yang Smart Energy Group announced plans to invest more than $10 billion in renewable energy, hydrogen, and green ammonia projects in Ethiopia, according to the Ethiopian Investment Commission.

The European Commission has approved a €6 billion ($6.9 billion) Italian state aid scheme supporting renewable hydrogen production for transport and industrial use, covering hydrogen from electrolysis using renewable electricity and hydrogen from biogenic sources.

Hy2gen Canada awarded Plug Power a front-end engineering design contract for a 275 MW proton exchange membrane electrolyzer system for the Courant project, designed as a large-scale decarbonized ammonium nitrate facility for the mining sector.

Volvo has begun on-road testing of heavy-duty trucks powered by hydrogen combustion engines using high-pressure direct injection systems based on existing diesel engine platforms, with commercial deployment targeted before 2030.

Originally reported by PV Magazine. Read the full article →