We are fully committed to the global net-zero target. In the contemporary world, energy is the core of everything. The green energy production is essential for economic development.
Renewable electricity is the future. Our team, composed of experts of various profiles, strives to increase the efficiency of existing production and transport systems of renewable energy sources by using modern technologies, materials, scientific methodologies and optimizing R&D and business processes.
Climate change is the most pressing challenge of our generation. Global net-zero target is the ambitious goal to eliminate greenhouse gas emissions. It is a long-term target that will require a wide variety of solutions.
The industries sector use almost 25% of all produced energy and accounts for 30% of global emissions. The energy-intensive industries as iron, steel, basic chemicals, cement and aluminum production account for about half of all industrial sector energy use. Decarbonizing industrial clusters will strongly support global decarbonization efforts. Hydrogen fuel could reduce emissions in energy-intensive industries that would be very hard to decarbonize.
Hydrogen is the energy storage medium and energy carrier of the future. We strongly support idea of using renewable energy sources like solar or wind to create hydrogen using electrolysis.
The investment in power electronic will make the process of producing hydrogen more economic and efficient. In the overall rethinking process, the optimization of electrolysis is of special importance, which is why we are focused on redesign, optimizing and improving inverters efficiency. Using our advanced solutions the companies will be able to produce more hydrogen and reducing the production costs.
“The price of electricity procured from solar PV and onshore wind plants decreased substantially in the last decade. A similar decline is expected for electrolysers in the coming decade, thanks to the large pipeline of green hydrogen projects,” Irena writes in its World Energy Transitions Outlook 2022 study. A rapid fall in the price of electrolysers would be vital if the world is to keep global heating to 1.5°C above pre-industrial levels.
Electrolyser improvements and economies of scale, plus increased competition and cheaper renewable energy, will all contribute to significant cost reductions this decade.
More than 100GW of electrolysers will be manufactured each year by the end of this decade, up from 2GW in 2020, in line with growing demand for green H2.
Elevated natural-gas prices in much of the world mean that not only is greenhydrogen already cost-competitive with grey H2, but it is now the only way we can expect to see hydrogen return to a cost of $1.50 per kilogram by 2030.
Over 30 countries have released hydrogen roadmaps, and the industry has announced more than 200 hydrogen projects and ambitious investment plans. Total investments can exceed $300 billion in hydrogen spending through 2030 – the equivalent of 1.4 per cent of global energy funding.Abu Dhabi is committed to being a global supplier of greenhydrogen. UAE policy and regulatory framework addresses the issue of how Abu Dhabi will produce green hydrogen at a large scale.
and 2nd place in the final of the world's largest university competition in power electronics - the International Future Energy Challenge 2020 organized by IEEE Power & Energy Society.
Well done to Aleksandar Milic and University of Belgrade, School of Electrical Engineering for supporting your team and helping them reach this fantastic accomplishment
Huge congratulations to Emilija Lukić, Filip Bakic, and other team members.
It's always inspiring to see how far such talented people can go. Looking forward to seeing your next achievements!
BMW’s most recognizable model – the X5 SUV (or SAV, if you speak the brand’s language) – is set to become the mass-produced iX5 Hydrogen. That’s, of course, true only if BMW decides to go ahead and keep the prototype’s name. They might make some changes over the next three years, but one thing’s for sure – the appetite for fuelcell vehicles (FCEV) is just starting in Europe. BMW’s pulling the trigger on another powertrain.
The global green hydrogen market will expand from $2.14bn last year to $135.73bn by 2031 — a “phenomenal” compound annual growth rate (CAGR) of 51.6% — according to a new study from Indian/US firm Transparency Market Research (TMR).
The European Union (EU) has made clean hydrogen a pillar of both its net-zero target for 2050 and its near-term efforts to get off Russian gas. To enable the scale-up of the industry, the EU released its definition of hydrogen that will qualify as green and the budget for its long-awaited carbon contracts-for-difference scheme. The EU’s stringent rules will ensure any hydrogen produced is low carbon, but raises the cost of procurement for industrial end-users.
GravitHY, a new France-based green iron company will not only support the growing demand for zero carbon steel; it was set up as part of a larger plan to accelerate industrial value chains and clean tech innovation. The aim is to develop an annual €100 billion green hydrogen economy in Europe by 2025.
Serbia presented the preliminary goals for the Integrated National Energy and Climate Plan that it is developing, ahead of the launch of the public debate. The government is targeting 100 times more solar power and 10 times more capacity in wind parks for 2030. It aims to cut greenhouse gas emissions by 40.3% and achieve a share of 41% of renewables in gross final energy consumption by the end of the decade.
CNBC’s Clean Start came to our Boston lab a few weeks ago to learn more about what we're up to - Check our their segment on us below to get a special glimpse into where our breakthrough electrochemistry development happens!
Green hydrogen now costs less than naturalgas in 8 European countries. LNG prices will come back to earth, but not without leaving a lasting impact on the multipurpose wonderfuel
One of the most important companies in a decarbonisation process got a $198M fundraise to support the deployment of our breakthrough electrolyzer technology. Investors included the Fifth Wall Climate Tech Fund, S2G Ventures, and lenders SVB and Trinity Capital.
A very interesting scientific meeting was held in the Serbian Academy of Sciences and Arts (SASA) entitled “Contemporary research in the field of hydrogen as a fuel of the future ”. It was another in a series of events taking place in Belgrade (the third we attended just this week) on energy issues, renewables and new technologies. It is encouraging that in addition to well-known experts, a large number of young specialists participate in professional and public discussions. It is a great opportunity to use scientific, industrial and government potential to better understand current challenges and propose solutions to increase energy security in the future. Scientific capacities and universities have a key role to play in adopting new technologies to ensure that the energy transition is implemented in a planned and gradual manner.
The seventh Serbia Goes Green conference was held in Belgrade. The fact that 3,5 % of energy is currently produced from wind and solar in Serbia shows that there is great business potential for investment in this sector.
Steel is one of the most popular industrial materials in the world, with roughly 2 billion tons produced annually. Steelmaking accounts for 7 to 11 percent of global greenhouse-gas emissions, making it one of the largest industrial sources of atmospheric pollution.
Rapid shift to renewables-powered production represents 'serious problem for investments' in fossil-fuelled version, says research house's global head of strategy...
Mushrooming global demand driven by accelerated net zero targets will only be matched with supply if 'more done especially from policy-making side', says agency...
A joint study published today by the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) uses patent statistics to reveal the trends and dynamism in the field of hydrogen that....
Green Power Innovations
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