Sunday, October 08, 2023 6:37:47 PM
POSTED ON OCTOBER 8
https://www.advent.energy/2023/10/08/advent-technologies-celebrates-national-hydrogen-and-fuel-cell-day-3/
Today, Advent proudly joins the U.S.A. in celebrating National Hydrogen and Fuel Cell Day, observed each year on October 8 in recognition of the atomic mass of hydrogen – 1.008. It’s clearer than ever that green hydrogen and fuel cells are assuming a pivotal role across various sectors, including transportation, stationary power, and industrial applications. These technologies have the potential to bolster energy security, enhance resilience, and drive thriving economies worldwide! Aiming to expedite global decarbonization through green hydrogen and innovative fuel cell solutions, Advent is making significant strides toward our goal of introducing our HT-PEM technology to the market. We’re actively engaged in developing world-class fuel cells and electrolysers with a low total cost of ownership and a profound environmental impact.
The Inflation Reduction Act is vital for unlocking the acceleration of clean energy technologies in the U.S.
The Act is recognized as the most significant investment in combatting climate change in U.S. history and can be a game-changer for America’s clean energy future. Advent looks forward to further investing in US-based manufacturing in the near future.
Since last year’s National Hydrogen and Fuel Cell Day, we have been steadfast in strengthening our presence in the U.S. and becoming key players in the domestic clean energy sector. We have achieved this by:
- Opening our new state-of-the-art Fuel Cell R&D and Manufacturing Facility in Boston: In April 2023, we had the honor of hosting Massachusetts Governor Maura Healey, along with other elected officials and esteemed guests, for the official opening of our Hood Park facility. This cutting-edge facility symbolizes a significant investment in Advent’s future growth, empowering us to expand our production capacity and meet the increasing global demand for electrochemical components in the clean energy sector.
- Enhancing our collaboration with the U.S. Department of Energy: Our partnership with the U.S. DoE has taken significant strides. Through our active participation in the inaugural L’Innovator™ program and collaborations with esteemed institutions like Los Alamos National Laboratory, Brookhaven National Laboratory, and the National Renewable Energy Laboratory, we’ve expanded our horizons, entering markets previously inaccessible with existing HT-PEM materials. This fruitful collaboration, which aimed at advancing and commercializing ion-pair Membrane Electrode Assembly technology, recently earned Advent the prestigious Richard P. Feynman Innovation Prize for Technology Transfer Excellence from the U.S. Department of Energy’s Los Alamos National Laboratory.
- Commercializing our Ion-Pair™ MEA technology: This technology has positioned Advent as a leader in transforming global MEA markets, demonstrating extended operational lifetimes and the ability to operate at significantly higher current densities compared to high-temperature PBI-based MEAs. Following a highly successful technology assessment of our Ion Pair™ MEA technology, in March 2023 we entered into a Joint Development Agreement with Hyundai, with the aim of assisting Hyundai in bringing its future mobility strategy to fruition. Simultaneously, we are actively engaged in discussions regarding Joint Development Agreements in the Genset, Heavy Duty Automotive, Maritime, and Aviation markets.
- Strengthening our partnership with the U.S. DoD: Our subsidiary, Advent Technologies, LLC, secured a new $2.2 million contract with the U.S. DoD, aiming to support the demanding defense mission requirements of the U.S. Army. As we prepare for increased production volumes, our objective is to further enhance Advent’s proprietary Honey Badger 50™ portable fuel cell system by integrating the company’s innovative Ion Pair™ MEA technology. This contract marks a significant milestone in our journey to expand our market presence and establish Advent’s portable fuel cell products as the preferred choice for critical defense applications.
- Expanding our presence in the U.S. with deployments of our eFuel-powered fuel cell systems: We have recently received orders for our Serene fuel cell systems, intended for deployment in California and Texas. Advent’s Serene fuel cell systems will serve as both primary and backup power sources, replacing conventional diesel generators while offering a host of unique advantages, including emissions reduction, enhanced space efficiency, and a substantial reduction in noise pollution.
As we look ahead, we are determined to further strengthen our presence in the United States and actively contribute to Europe’s growing hydrogen economy. With the implementation of the Green HiPo project in Kozani, Greece—a monumental endeavor for Advent, Greece, and Europe— we are excitedly looking forward to contributing significantly to Europe’s shift away from fossil fuels, aligning with the E.U.’s goal of reaching 10 million tonnes of renewable hydrogen production in Europe by 2030!
Recent ADN News
- Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-Q • Business Wire • 05/29/2024 06:50:00 PM
- Advent Technologies Holdings Announces Effective Date of Reverse Stock Split • Business Wire • 05/09/2024 05:30:00 PM
- Advent Technologies Holdings Approves Reverse Stock Split • Business Wire • 05/01/2024 01:10:00 PM
- Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K • Business Wire • 04/23/2024 08:58:00 PM
- Advent Technologies Signs Strategic Joint Development Agreement with Siemens Energy to Expedite the Decarbonization of the Maritime Sector • Business Wire • 04/04/2024 12:00:00 PM
- Advent Technologies Participates in $12.4 Million Project to Reduce GHG Emissions in the Maritime Sector • Business Wire • 03/05/2024 01:15:00 PM
- Advent Technologies Receives Formal Invitation from Greek State for €24 Million Grant for the Green HiPo IPCEI Project • Business Wire • 02/26/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 12:30:48 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 08:52:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/25/2024 12:00:17 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/17/2024 10:30:11 PM
- Advent Technologies Announces Appointment of Naiem Hussain as Chief Financial Officer • Business Wire • 01/11/2024 11:03:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 10:17:12 PM
- Advent Technologies Secures Funding from Danish Energy Technology Development and Demonstration Program for Innovative R&D Project • Business Wire • 01/08/2024 01:35:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/28/2023 10:20:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/27/2023 10:06:43 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/27/2023 01:47:16 PM
- Advent Technologies Announces $2 Million Registered Direct Offering of Common Stock • Business Wire • 12/22/2023 01:44:00 PM
- Advent Technologies Launches Portable Clean Power Solution for Construction and EV Charging Applications • Business Wire • 12/20/2023 02:00:00 PM
- Advent Technologies Secures €1.8 Million Frame Contract with Volta Energy for the Supply of Methanol-Powered Fuel Cell Units • Business Wire • 12/18/2023 02:05:00 PM
- Advent Technologies Secures Additional New Contract worth $2.8 Million from U.S. Department of Defense for its Portable Fuel Cell System • Business Wire • 12/14/2023 02:00:00 PM
- Advent Technologies Granted 180-Day Extension by NASDAQ to Regain Compliance with Minimum Bid Requirement • Business Wire • 11/22/2023 06:14:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/22/2023 04:41:40 PM
- Advent Technologies Receives Funding Update for €60 Million to Launch Green HiPo IPCEI Project • Business Wire • 11/16/2023 01:00:00 PM
- Advent Technologies Reports Q3 2023 Results • Business Wire • 11/14/2023 12:00:00 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM