Budget committee confirms 15 billion loan for gas storage

Today the budget committee was informed that the federal government has given the market area manager of the Trading Hub Europe GmbH (THE) about the KfW a credit line of 15 Mrd. euros to ensure that the gas storage tanks are filled. THE thus receives the necessary liquidity to be able to buy gas in … Read more

Munich Re founds tech company for motor insurance

– Charging station for electric vehicles The first joint project planned is the development of a “battery score”. – (Photo: IMAGO/Olaf Döring) – – – – München Munich Re is expanding its projects in the field of artificial intelligence (AI). Together with the primary insurance subsidiary Ergo, the technology company In-Tech and Munich professor Markus … Read more

Japan plans to send astronauts to the moon this decade

– SpaceX Starship An illustration shows the design of the SpaceX Starship. Photo: SpaceX / NASA / AP / dpa – (Photo: dpa) – – – – This provides for a revised basic plan for space research, as the Japanese television broadcaster NHK reported after consultations with the responsible strategy center at the headquarters of … Read more

Australia plans to supply green hydrogen from 2023

Berlin The Australian entrepreneur Andrew Forrest wants to enter the production of green hydrogen on a large industrial scale in the short term. German companies could be among the first buyers as early as 2023. “Our goal is to be able to deliver at least 15 million tons of green hydrogen annually by 2030. We … Read more

The hunt for the super battery

Electric car of the future Companies around the world are researching how to improve battery performance. – (Foto: Cultura/Getty Images) – – – – Düsseldorf Sila Nanotechnologies, Solid Power or Quantumscape – battery start-ups are currently experiencing a real hype. A small announcement is enough and the price skyrockets. Her specialty: the development of more powerful, … Read more

Siemens Energy and Siemens Gamesa enter hydrogen market

– New technology Wind energy is to be converted directly into hydrogen – (Photo: dpa) – – – – Düsseldorf / Frankfurt The energy technology group Siemens Energy and the wind turbine manufacturer Siemens Gamesa want to make the production of hydrogen market-ready with a new technology. In a project costing around 120 million euros, … Read more

Investors leave the party at Elringklinger after the sales vote

– Warburg analyst Marc-Rene Tonn downgraded the share from “Hold” to “Sell” on Wednesday, even though he raised the target price from EUR 8.00 to EUR 12.50. The shares were currently quoted at EUR 14.66. In his study, Tonn clouded the imagination for business with fuel cells – a trend topic that has recently been … Read more