The Hydrogen Stream: BNEF forecasts sharper green H2 price drop by 2050
BloombergNEF said that green hydrogen will fall from its current price range of $3.74/kg to $11.70/kg to between $1.60/kg and $5.09/kg by 2050, citing higher-than-expected future costs for electrolyzers. “BNEF had in the past forecast steep declines in the price of green hydrogen, but … more than tripled its 2050 cost estimate, citing higher future costs for the electrolyzers,” it said in an emailed note. Green hydrogen will remain far more expensive than earlier projections for decades, it added, predicting that only China and India are likely to see green hydrogen become cost-competitive with gray hydrogen by 2040. “There, the cleaner fuel will reach a comparable price to gray hydrogen by 2040.”
HydrogenPro said that it has secured approximately NOK 70 million ($6.14 million) in new equity through a private placement of shares with existing shareholders Andritz and Mitsubishi Heavy Industries. The Norwegian company has also signed an investment agreement for a conditional NOK 70 million equity investment from Longi Hydrogen, alongside a cooperation agreement with the same partner. The subscription price for the private placement and Longi investment is NOK 5.50 per share, up from NOK 4.50 per share on Dec. 20, 2024, said HydrogenPro.
Green Hydrogen Systems said that it has completed a reduction in its nominal share capital as part of its preparations to raise new capital and strengthen its capital base. It also secured a short-term subordinated fixed loan facility of DKK 80 million ($11.15 million) from its two largest existing lenders, set to expire on June 30, 2025, to support operations through at least March 2025. It said that it has been in close talks with its largest shareholders over the past three months. “These discussions continue to progress in a constructive manner but require additional time to conclude,” added the Danish company.
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
