Wind energy is gaining more prominence in Denmark

Wind Turbine in Denmark - Wind Energy Projects

Company plans to sell country’s last oil business Denmark is moving ahead with its ambitious wind energy plans. The country’s largest company, A.P. Moller-Maersk, has announced that it will be selling off Denmark’s last oil firm. The company will be selling the oil company to France’s Total in a $7.45 billion deal. The deal is expected to be closed at the end of next year. Denmark will then move aggressively to install new wind turbines in order to continue its move toward a more sustainable future. Denmark continues to lead…

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Hydrogenics to deliver hydrogen fuel cells to forklift developer

Fuel cell developer receives order for fuel cells from forklift developer in the US Hydrogenics, a leading developer of hydrogen fuel production and fuel cell technology, has announced that it has received some $2 million in orders from a developer of hydrogen-powered forklifts in the United States. The company’s technology will be used to power these materials handling vehicles, which will be delivered to large logistics centers throughout North America. The fuel cells from Hydrogenics are expected to be shipped in the first quarter of 2016, with more orders likely…

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New atlas could benefit wind energy in the future

Researchers develop new wind atlas for the Great Lakes region Researchers from Cornell University and the Technical University of Denmark have compiled the first observational wind atlas of the Great Lakes region in North America. The data was gathered using weather stations, buoys, and information from NASA satellites and provides a high definition look at the wind currents in the region. The atlas may be a major benefit for wind energy n the Great Lakes area, which is becoming more popular, especially in the United States. Atlas will provide energy…

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Fuel Cell Market in North America to grow at a CAGR of 33.14 percent in terms of unit shipment and at 38.59 percent in terms of MW shipment over the period 2015-2019

The Report Fuel Cell Market in North America 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz About Fuel Cells Fuel cells convert chemical energy into electrical energy through an electromechanical reaction. They are similar to batteries. A fuel cell consists of two electrodes, anode (positive) and cathode (negative), and an electrolyte that carry electrically charged elements from one electrode to another. A catalyst is required in the fuel cell, which speeds up the reaction taking place in the electrodes. Fuel…

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Honda opens new natural gas station in Ohio

Honda has opened a new fueling station at its Marysville campus that provides natural gas Honda has opened a new natural gas station at its Marysville campus in Ohio. The new station is the first of its kind on Honda property anywhere in North America, though similar stations exist on property that does not belong to Honda. The new station is meant to reduce the environmental impact of the Marysville campus and allow Honda to comply more readily with increasingly strict emissions regulations coming from both state and federal governments…

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North American fuel cell market to experience healthy growth

Report highlights the growth of the fuel cell market in North America TechNavio, a market research publisher, has released a new report concerning the promise of the North American fuel cell market. Renewable energy has been gaining significant attention throughout North America, and fuel cells are beginning to attract more support in the region, especially when it comes to transportation. Because these energy systems produce no emissions, they are seen as an effective alternative to conventional energy systems, and their popularity is quickly rising across numerous sectors. US and Canada…

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The global hydrogen fuel market is growing

Report predicts the growth of the global hydrogen market through 2020 Persistence Market Research has released a new report concerning the global hydrogen fuel market. The report shows that in 2013, the global hydrogen market was valued at $96.6 billion and 255.3 billion cubic meters of volume. The market is expected to see some growth in the coming years, powered by the growing interest in clean technology and renewable energy. Several industries have taken an interest in hydrogen fuel cells and companies are beginning to use these energy systems as…

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Canadian Solar acquires solar energy developer

Canadian Solar has acquired Recurrent Energy, a developer of solar projects Canadian Solar, a leading solar energy company in Canada, has announced that it will be acquiring Recurrent Energy, a solar energy developer, for $265 million. The Canadian firm will be acquiring Recurrent Energy from the Sharp Corporation. Through this acquisition, Canadian Solar is expected to see a major increase in its current energy portfolio. After the acquisition, Canadian Solar will have approximately 8.5 gigawatts of solar energy projects at various stages of development. Acquisition could be a major revenue…

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Report predicts market growth for the hydrogen fuel cell industry

The global fuel cell market is expected to see strong growth through 2017 RNCOS, a market research firm, has released a new report concerning hydrogen fuel cells. The report predicts that the global fuel cell industry is on track to continue seeing strong growth through 2017. According to RNCOS, the fuel cell industry has been growing quickly over the past few years, largely due to the growing popularity of fuel cells in the transportation sector. These energy systems also continue to gain traction in the industrial space and are becoming…

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North America could be the next leading market for hydrogen fuel cells

Report predicts that North America will emerge as leading fuel cell market A new report from Grand View Research, a market research and consulting firm, predicts that North America will be the largest fuel cell market in the world by 2020. Globally, support for fuel cells is growing. Worldwide capacity is expected to reach 664 megawatts by 2020, experiencing a compound annual growth rate of 22.6% from 2014 to 2020. Government support is cited as being the strongest driver of growth and many countries are turning to hydrogen fuel as…

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Hydrogen fuel cells have a promising future in North America

North America - Hydrogen Fuel Cells

New report highlights growth of hydrogen fuel cells in North America Transparency Market Research, a market intelligence firm, has released a new report concerning the fuel cell industry in North America. The report aims to predict the trends that will emerge and affect the world of hydrogen fuel by 2018. Various types of fuel cells are covered in the report, ranging from large stationary systems to smaller mobile fuel cells that are most commonly used in vehicles. The report, titled “North American Market for Fuel Cell Technology – Trends and…

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Offshore wind energy market to hit new high by 2020

Offshore Wind Energy Market

Wind energy continues to attract attention Offshore wind energy continues to be a popular subject in Europe and some parts of Asia. This form of renewable energy has the potential to be quite valuable for countries that have access to the strong wind currents that can be found at sea. While wind energy has long been popular in many parts of the world, the offshore variety has gained attention due to its potential to produce large amounts of electrical power by harnessing the unhindered strength of ocean wind currents. Offshore…

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