Tag: hydrogen

IRVINE, CA., July 08, 2025 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a clean energy technology company offering power generation, waste to energy, battery storage, and heat to power solutions to deliver affordable, scalable, and eco-friendly energy, clean fuels, and alternative electricity for a sustainable future, is pleased to announce that its technologies should remain fully eligible for federal clean energy tax incentives following the passage of the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025.

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Hydrogen Technology TIC Market size & share revenue was valued at approximately USD 4.3 Billion in 2024 and is expected to reach USD 5 Billion in 2025 and is expected to reach around USD 18.4 Billion by 2034, at a CAGR of 17.5% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are SGS SA, Bureau Veritas SA, Intertek Group plc, DEKRA SE, TÜV SÜD, DNV GL, TÜV Rhineland, Applus+, TÜV NORD GROUP, UL LLC and others.

MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, major industry players and young engineers combined their expertise to accelerate the sector's energy transition. This year again, HSH Prince Albert II of Monaco, President of the Yacht Club de Monaco, was keen to meet the students, stopping at paddock to discover the latest advances and following the races up close from the pontoon. “This edition was quite unique. The event itself was quite unique because it is impossible to find so many young engineers working for the sustainability of the yachting industry at the same place at the same time. Monaco is still the place where we can be in advance and for that reason we are Capital of Advanced Yachting”, said Bernard d'Alessandri, YCM General Secretary. “We are very proud to host and to work with young generations and it is beautiful to see people from everywhere in the world heading to the same direction”, he added.

MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- Exploring the potential of alternative fuels in the maritime sector. During the days of the 12th Monaco Energy Boat Challenge (1-5 July), at the Alternative Fuels Conference on Friday morning, different actors gathered together to discuss technology aspects, challenges, and advancements related to marine energy solutions based on alternative fuels, including hydrogen, methanol, and other innovative sources. Clean hydrogen is still the starting point when it comes to clean energy sources, but now it is time to investigate more to make the next step. As of now, the technology is ready, but it has to be accompanied by infrastructure, investments and supply chain. From an infrastructure point of view, the evolution could be the same as it occurred with oil in the past. “We are looking at the full value chain, a bit like if it was a pipeline. We only provide one piece of the puzzle, but it is a big one. The ecosystem is made of a vessel that will transport, for example, green ammonia from Australia to Korea to Japan in bulk format. Basically, we help owners thanks to our expertise in owning and leasing large floating units,” said Philippe Lavagna, product account manager at SBM Offshore. “We say we need a transition, and it takes time. Miracles don't happen overnight. That's why we are committed to provide clean solutions to the industry,” he added.

MONACO, July 04, 2025 (GLOBE NEWSWIRE) -- A floating laboratory to test and demonstrate the feasibility of renewable energy solutions for maritime transport and beyond. In Monaco, during the days of the Monaco Energy Boat Challenge, the event dedicated to the future of yachting organised by Yacht Club de Monaco, the catamaran Energy Observer is moored at the YCM Marina. It is the first self-sufficient vessel powered by a mix of solar, wind, hydro and hydrogen produced on board and produces zero emissions. While planning a nine-year long new journey, this year the Energy Observer plays an even more central role in the Monaco Energy Boat Challenge (MEBC), serving as a direct link between research, innovation, and the younger generation. A real transmission is happening between the young engineers participating in the event and the professionals of Energy Observer. What students develop and test in the paddocks finds a concrete application aboard this unique vessel. The students also had the opportunity to visit the Energy Observer, discovering its technologies up close. For many, it was a first encounter with such an emblematic ambassador of sustainable maritime innovation. “Seeing the Energy Observer up close, understanding how everything we've been working on during the Challenge connects to real-life technology — it's honestly inspiring. It makes you realise that what we do here isn’t just theoretical, it's shaping the future,” shared Enguerrand from the team Néréides - UTT.