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A sign for a hydrogen fuel pump at a train refueling station in Germany. Hydrogen has a diverse range of applications and can be used in a number of industries.
Krisztian Bocsi | Bloomberg | Getty Images
A U.K.-headquartered firm said Monday it was building an £80 million ($95.9 million) “gigafactory” specializing in the manufacture of hydrogen fuel cell components, with operations planned to start in the first half of 2024.
In a statement, London-listed Johnson Matthey said the facility in Royston, England, would be able to produce 3 gigawatts of proton exchange membrane fuel cell components per year. Also known as polymer electrolyte membrane fuel cells, the U.S. government says PEM fuel…
Source cnbc.com
