Published by Todd Bush on May 10, 2024
The collaboration by Nexergy and Lorentz will realise the commercial production of ‘Green’ Hydrogen for use in multiple industries.
London, UK, May 09, 2024 (GLOBE NEWSWIRE) -- Nexergy Holdings PLC, an industry leader committed to enhancing sustainable energy solutions, is proud to announce a strategic collaboration with Lorentz, a visionary company pioneering the production of green hydrogen. This partnership marks a significant step towards advancing the sustainable energy landscape and addressing the increasing demand for environmentally friendly fuel sources.
Production of green hydrogen is expected to commence in 2024, with the potential to reshape the future of energy and transportation.
>> In Other News: Air Products Membrane Solutions Announces New PRISM® GreenSep LNG Membrane Separator for bio-LNG Production
Production of green hydrogen is expected to commence in 2024, with the potential to reshape the future of energy and transportation.
Commenting on the collaboration, Jason Turner, Managing Director of Nexergy said, “Green hydrogen serves as a highly efficient and eco-friendly form of fuel, utilising water and solar energy to power vehicles and industries. This collaboration aims to leverage Lorentz's groundbreaking technology to commercialise green hydrogen, positioning it as a viable alternative to traditional fuel sources.” Furthermore, the partnership is set to provide seamless integration into existing infrastructure, facilitating widespread access to this innovative energy solution.
The potential applications of green hydrogen span multiple industries, with endorsements from key players such as Airbus, BMW, and JCB. Representatives from Airbus have expressed confidence in hydrogen as a crucial technology for achieving low-carbon commercial aviation by 2035, highlighting its significance for the aerospace industry. Additionally, BMW's Chairman of the Board of Management, Oliver Zipse,
Lorentz’s patented technology, with an initial project site planned in Spain, is poised to revolutionise sustainable hydrogen production, paving the way for decarbonization in the energy sector and beyond. Through harnessing renewable sources like wind and solar, the process employed by Lorentz promises to significantly reduce carbon emissions, offering a compelling solution for a greener energy transition.
Showcasing the significant cost savings and environmental benefits through utilising Lorentz’s technology, the comparative profile of a 1,100-mile journey, (Rome to London) would cost a mere fraction of diesel, petrol or electric power. Using Lorentz technology, at a production cost of €17 there would be no carbon dioxide emissions, just 157 kg of pure water. This highlights the potential of green hydrogen as a game-changing solution for sustainable and cost-effective transportation.
As an investment firm dedicated to environmentally friendly energy and fuel production, Nexergy is at the forefront of pioneering sustainable energy solutions and actively contributes to shaping a greener future for all.
Lorentz is a technology company that specialises in renewable hydrogen gas production. Our technology is focused on creating hydrogen gas in a sustainable and eco-friendly manner.
Viewers may also read https://uk.advfn.com/newspaper/advfnnews/74426/a-decarbonising-future-how-lorentz-s-innovative-patent-is-set-to-impact-the-green-hydrogen-market
For media enquiries, please contact:
Alexander Samuelsson,
Marketing Executive
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Pacifico Mexinol project, a 6,130 MT per day ultra-low carbon methanol production facility worth more than US$3.3b will be located near Topolobampo, Ahome, Sinaloa. Once operational in 2029, Pacif...
Microsoft Signs Deal to Remove 1.1 Million Tons of CO2 Through Waste-to-Energy Carbon Capture
Oslo-based power and heat provider Hafslund Celsio announced today a new carbon removal offtake agreement with Microsoft, with the tech giant purchasing more than 1 million tons of carbon credits o...
Bayou Bend Project Aims to Advance Carbon Dioxide Storage Along the US Gulf Coast
The joint venture is intended to help critical industries in the area lower the carbon intensity of their operations. Jay LeJeune likes a challenge. That’s why he signed up to be part of the Bayou...
Approval in Principle (AiP) for World's First LCO₂ / Methanol Carrier
Tokyo, June 30, 2025 - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Mitsui O.S.K. Lines, Ltd. (MOL) have acquired Approval in Principle (AiP)(Note1) fro...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.