Recently, and after an official visit of the Chinese government to Japan, where the authorities could learn about the operation of the Toyota Mirai, the leaders of the Asian country have decided to bet on the hydrogen fuel cell, they have been surprised by the rapid refueling achieved by this type of vehicle, as well as by its good autonomy.
Cummins Inc. (NYSE: CMI) announced that it has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel cell systems provider Hydrogenics Corporation (NASDAQ: HYGS: TSX: HYG) for US$15.00 per share in cash, other than shares already owned by The Hydrogen Company, representing an enterprise value of approximately $290 million. Following the unanimous recommendation of the special committee of Hydrogenics Board of Directors, all non-interested directors of Hydrogenics have unanimously approved the transaction and recommends that Hydrogenics shareholders vote in favor of the transaction.
The objective is to decarbonize the economy, through an energy transition in which more and more actors fit; also as far as vehicles are concerned. That’s why the hydrogen car does not want to be left out. Not in vain, according to industry experts will be a leading element when decarbonizing mobility.
If you want an electric car, you’re not the only one. Either by necessity or ecology, in a future yet to be determined, we will have to move from fossil fuels as much as possible and migrate towards other alternatives. Is it electric? Will it be the fuel cell? At the moment we do not know for sure – although here we bet on hydrogen and the fuel cell.
Toyota is a promoter partner of the Spanish Hydrogen Association, AeH2, with the common objective of promoting the R & D of hydrogen fuel technologies as an energy vector. The descabornización of the transport has a referent in the Toyota Mirai, the first truck of stack of fuel manufactured in series in the world that already commercialises in Japan, and in some European countries like Germany, Belgium, Holland, Sweden or Norway, and that in Spain it will arrive in 2020.
The Hydrogen Aragon Foundation has gathered this week in Zaragoza to the main national researchers of the subject to share their knowledge and implement collaborations in R & D, a fundamental field to improve the competitiveness of companies or to give new opportunities for diversification. In the meeting, organized with the collaboration of the Higher Council for Scientific Research (CSIC), the main opportunities of this element, as well as fuel cells have been addressed.
Toyota España, Enagás and Urbaser will launch the first hydrogen refueling station in Spain equipped for passenger cars
Toyota España, Enagás, with its subsidiary Enagás Emprende, and Urbaser today signed an agreement to jointly launch what will be the first hydrogen refueling station in Spain capable of servicing passenger cars. An inauguration that will be completed with the launch of a fleet of 12 Toyota Mirai units that will be based in Madrid.
The Liquefied Natural Gas contained in the Enagás facilities in the Port of Huelva is stored at 160 degrees below zero. If frozen companies require -30º, the question is simple: what can be done with the cold that still remains in that process? The answer, not so obvious, was offered by Javier Ruesga, director of Enagás For Efficiency: to create a process in which water and hydrogen are produced that will be used for vehicle fuel cells and whose only residue in combustion is, again, water.