Latest news with #DNV
Hamilton Spectator
6 hours ago
- Business
- Hamilton Spectator
Electric Hydrogen receives DNV validation after the respected independent engineering firm's comprehensive assessment of the company's HYPRPlant
DEVENS, Mass., July 22, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen , global manufacturer of high-power electrolyzer plants, announced today that DNV, the independent energy expert and assurance provider, has completed its comprehensive technical due diligence on Electric Hydrogen's HYPRPlant solution. DNV's report commends Electric Hydrogen's industry-leading advanced PEM technology performance and extensive testing capabilities to uncover unique failure modes. It also concludes that the HYPRPlant offering can be both highly reliable and 'highly competitive' on cost and current commercial guarantees. Electric Hydrogen's HYPRPlant is a fully integrated and prefabricated plant, powered by the company's proprietary advanced PEM technology, and is offered in 3 variants: 75 MW, 100 MW and 120 MW. DNV's extensive review identified risks and assessed factors that may affect HYPRPlant's performance and reliability in the field, and opined on Electric Hydrogen's efforts to mitigate them. The review also assessed the company's ability to deliver and service the plants. The report includes DNV's detailed review of electrolyzer stack technology, plant design, performance, reliability, manufacturing, quality and the standard plant's product warranty and commercial assurances for the core technology. The assessment included an on-site witnessing and technology validation at Electric Hydrogen's Pioneer demonstration plant in May of 2025 in San Jose, California, where the company tests its proprietary full-size commercial stack through rigorous cycling and extended duration tests over thousands of hours. 'The ability to deliver electrolytic hydrogen in such a power-dense and pre-engineered turnkey plant offering is a significant piece of the energy transition puzzle. Based on DNV's benchmarking of electrolyzer OEM offerings, [Electric Hydrogen]'s offering is very competitive and unique in the market,' says Richard S. Barnes, Region President, Energy Systems North America at DNV. 'Building powerful electrolyzer plants at low-cost and large scale is the singular purpose of Electric Hydrogen,' explains Raffi Garabedian, CEO and Co-founder of the company. 'We are honored that DNV, one of the most distinguished independent evaluation authorities, has validated and recognized our progress.' Editor's note: Highlights from the report are available at . About DNV DNV is an independent assurance and risk management provider, operating in more than 100 countries. Through its broad experience and deep expertise DNV advances safety and sustainable performance, sets industry standards, and inspires and invents solutions. DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services. As the world's leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realizing the goals of the Paris Agreement and supports customers to transition faster to a deeply decarbonized energy system. . About Electric Hydrogen Electric Hydrogen manufactures, delivers and commissions the world's most powerful electrolyzers to make clean hydrogen projects economically viable today. The company's complete HYPRPlant solution, available between 75-120MW, includes all system components required to turn water and electricity into the lowest cost clean hydrogen using its proprietary advanced proton exchange membrane (PEM) technology. Electric Hydrogen has a team of more than 300 people in the United States and Europe. The company was founded in 2020 and is headquartered in Devens, Massachusetts. To learn more about how critical industries leverage Electric Hydrogen's HYPRPlant to achieve their decarbonization and energy security objectives, visit . Contact V2 Communications for Electric Hydrogen electrichydrogen@ Photos accompanying this announcement are available at
Toronto Star
6 hours ago
- Business
- Toronto Star
Electric Hydrogen receives DNV validation after the respected independent engineering firm's comprehensive assessment of the company's HYPRPlant
DEVENS, Mass., July 22, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen, global manufacturer of high-power electrolyzer plants, announced today that DNV, the independent energy expert and assurance provider, has completed its comprehensive technical due diligence on Electric Hydrogen's HYPRPlant solution. DNV's report commends Electric Hydrogen's industry-leading advanced PEM technology performance and extensive testing capabilities to uncover unique failure modes. It also concludes that the HYPRPlant offering can be both highly reliable and 'highly competitive' on cost and current commercial guarantees. Electric Hydrogen's HYPRPlant is a fully integrated and prefabricated plant, powered by the company's proprietary advanced PEM technology, and is offered in 3 variants: 75 MW, 100 MW and 120 MW. DNV's extensive review identified risks and assessed factors that may affect HYPRPlant's performance and reliability in the field, and opined on Electric Hydrogen's efforts to mitigate them. The review also assessed the company's ability to deliver and service the plants. The report includes DNV's detailed review of electrolyzer stack technology, plant design, performance, reliability, manufacturing, quality and the standard plant's product warranty and commercial assurances for the core technology.
Local Italy
21 hours ago
- Business
- Local Italy
What are the best ways to move to Italy after the government's citizenship clampdown?
A controversial government reform introduced major restrictions on who can apply for ancestry-based Italian citizenship (or citizenship ius sanguinis) earlier this year. While previously anyone with an Italian ancestor could apply for citizenship if they could prove an unbroken chain of descent, the new law applies a two-generational limit, meaning only those with an Italian parent or grandparent are now eligible. Bar a few exceptions, the new rules also require people born outside Italy to have a parent or grandparent who 'holds, or held at the time of death, exclusively Italian citizenship' in order to apply for ancestry-based citizenship. That means parents and grandparents who hold dual citizenship cannot pass Italian citizenship on to children or grandchildren born abroad unless they renounce their other, non-Italian citizenship. The Local's readers who found themselves abruptly blocked from accessing Italian citizenship due to the new rules described the reform as ' heartbreaking '. But for people in this situation, there are alternative routes to Italian residency. We spoke to Marco Mazzeschi, an Italian immigration lawyer at Mazzeschi Legal Counsels, as well as Italian relocation consultant Federica Grazi, about how non-EU nationals affected by the rule change can move to Italy in 2025. The best Italian visa options Italy's elective residency visa (ERV) for pensioners and digital nomad visa (DNV) for remote workers are 'the two big ones' Grazi recommends to people looking to relocate to Italy. The ERV is aimed at people who receive a passive income (such as rental income or a pension), while the DNV, launched last year, is for self-employed workers or fully remote employees. The fact that both visas require applicants to show they have pre-existing income gives them an advantage over people looking for work in Italy, as 'the local job market is quite regulated, both locally and at the EU level,' Grazi says. While the ERV and DNV require applicants to overcome a number of obstacles, including lengthy waits for appointments at Italian consulates and the need to already have long-term accommodation in Italy, the Local has gathered testimonies from people who show it can be done. Another option that Mazzeschi describes as 'underrated' is Italy's startup visa. This visa, which falls under Italy's annual decreto flussi work visa quotas, is targeted at would-be entrepreneurs with available capital of at least €50,000 and an 'innovative' startup project proposal. 'The focus is on 'innovative': so it must be technological, IT,' says Mazzeschi, and you must be able to demonstrate relevant professional experience. 'If I filed a project for a startup in nuclear technology,' he says by way of example, 'they'd look at me and say, 'you're kidding – what is your knowledge?' So they look at the background.' A key advantage is that you don't need to invest any money until your application is approved, making it 'no risk', Mazzeschi adds. Once in Italy, you need to earn over €8,263.31 per year (the minimum threshold for making healthcare co-payments) to remain in compliance with the terms of your visa. The visa options to avoid If you've been researching ways to move to Italy, you may have come across the self-employment visa, which like the startup visa is subject to Italy's decreto flussi work visa quotas. Given how oversubscribed this visa is and how few of them are released each year, Mazzeschi strongly discourages clients from applying, describing the process as a 'nightmare' and warning that they will 'almost surely' be denied. Grazi says she's also had clients ask about joining relatives in Italy on a family reunification visa, but advises them that this is only available for spouses, minor children, dependent parents over 65, and severely disabled adult children of legal residents. The requirements for family reunification are 'very strict,' she notes, adding that 'it's usually not applicable for people that have siblings or an older parent or grandparent.' More realistic visa alternatives include the EU Blue Card, the investor visa, and the intra-company transfer visa: learn more about these HERE. Fast-track residency-based citizenship If you have a dual-national Italian parent or grandparent and have been blocked from accessing ius sanguinis citizenship due to the latest changes, you may still be eligible to apply for fast-track Italian citizenship through residency. The new rules allow people with an Italian parent or grandparent, including those with dual citizenship, to naturalise as an Italian citizen after just two years of legal residency (down from a previous three-year time limit). residency-based citizenship requirements, including demonstrating proficiency in Italian and meeting a minimum income threshold.
Local Spain
a day ago
- Business
- Local Spain
Sharp rise in demand for homes in Barcelona by foreign remote workers
As well as smaller coastal areas, such as the Canaries and the Balearics, Barcelona has become central hub for foreign remote workers due to its big international community, resources and services. This trend is even more pronounced since the launch of the Digital Nomad Visa (DNV) in 2023. Saúl Cubilla, Marketing Director at Homeclub, told Idealista that remote workers from overseas are primarily concentrated in Barcelona, especially in well-connected neighbourhoods with a high quality of life, such as Eixample, Gràcia, and Sant Antoni. 'There is also a growing presence in coastal areas like Sitges and Castelldefels, which combine proximity to the city with a more relaxed environment, ideal for the remote lifestyle', he added. According to a recent report called 'Living in rented accommodation: insecurity guaranteed by law', published by the Barcelona Urban Research Institute (IDRA), nine out of 10 rentals in Barcelona now have temporary contracts. These are seasonal or short-term rentals, just under the amount of time to be classed as a permanent rental – typically between 32 days and 11 months. The vast majority of foreign remote choose to rent, rather than buy, unsurprisingly because many may want to eventually move back to their home country or on to somewhere else. Or they need time to settle in first and see where they want to buy. Most even prefer contracts of between three and eight months, which allows them to settle in with ease without having to commit to a long-term place. This is very different from what locals prefer which is steady long term contracts for up to five years. The needs are different too. While most long-term rentals come unfurnished, remote workers are after fully furnished properties which already have certain amenities installed already such as internet and utilities included. In general, "they are looking for a unique experience that allows them to live and work remotely from day one, without worrying about a thing. Renting offers them the freedom to move around, discover new destinations, and adapt to job opportunities without restrictions,' explain Homeclub. All this means of course that they're paying well over market value for the convenience of a short-term contract and added services. According to data from the company, they've recorded a 42 percent increase in requests for remote work-related stays in Barcelona over the last two years. "This trend reflects the city's position as one of Europe's leading technology hubs. Barcelona hosts key events such as the Mobile World Congress, the most important global congress in the sector, and has consolidated its appeal as a home to numerous technology startups, including subsidiaries of Silicon Valley companies' they explain. Despite the rise in popularity of these types of rentals, it is causing much anger among locals who say that they are taking properties away from the general rental market and leave fewer properties for them. Spain is currently suffering from a big housing crisis and Barcelona is one of the worst affected areas, where many can't afford rent and there is a severe lack of available housing. In order to put more permanent homes back on the market, in late 2024 the Spanish government gave the green light to a law to regulate temporary and room rentals. This meant modifying the law to force landlords and tenants to justify the need for temporary rentals. This means that now remote workers are having to prove why they want a short-term rental, with documents such as temporary work or study contracts. This doesn't always work out, however, because simply having the DNV doesn't typically qualify as a good enough reason, and so many are finding it increasingly difficult to be able to find places to rent.
Local Spain
6 days ago
- Business
- Local Spain
Is the Student Visa still the easiest visa to get for Spain?
There are several ways to get residency in Spain as a non-EU national. One is via the Digital Nomad Visa (DNV) if you have a remote job or are self-employed and earn over a certain threshold, while another is the Non-Lucrative Visa (NLV), where you aren't allowed to work but must prove you have enough in savings and passive income. The third most popular option is the Student Visa, which has often been said to be easiest visa to gain residency in Spain. With the recent changes to the Student Visa which came into force in May 2025, however, is this still the easiest visa to get? Firstly, there is no simple answer to this question. It entirely depends on what type of course you plan on taking. The rules are now very different if you want to take say a language course or if you want to take a higher education course. Previously, you could sign up to a language course and then exchange your visa later on to a different one whilst you were still living here, but now you can only stay a maximum of two years. This could be an excellent option if that's all you want to stay for. As long as you're accepted onto the course and can afford it, getting the visa should be relatively easy for this type of course. Year-long language courses in Spain can range anywhere from €3,000 to €7,000 depending on what it includes and where it's located. This is significantly cheaper than the €2,762 per month needed for the Digital Nomad Visa, as well as a lot less paperwork. It's also a lot less than the €28,800 per year needed for the Non-lucrative visa and less hassle than proving where all your passive income comes from. One point to keep in mind is that at end of your first year, you can only renew your Student Visa for a second year if you pass a language proficiency test first. So, you'll have to make sure you've actually been studying. It's no longer just a way to get residency. This is still a great and easy option if you only want to stay for two years, but if you want to stay longer, then you'll have to sign up to a higher education course. It could mean a significant amount of study time, not to mention quite a bit more in fees. According to Study in Spain, for a Bachelor's Degree at a private university in Spain, you can expect to pay from €2,400 to €30,000. Keep in mind that public universities are generally cheaper but it's likely the course will be taught in Spanish or other local languages such as Catalan in Catalonia. If you go to a public university, Master's courses can start anywhere from €800 for the year, but if you go a private university, it can range from €7,000 upwards. This could work out cheaper than the DNV or the NLV, but it could work out more expensive too, depending on what type of course you do and where you study. Doing a Bachelor's or a Master's is also a big commitment, so you have to be prepared for it, it's not just simply an easy way to get to live in Spain either. For some courses you may also need to prove previous experience or qualifications. This could be tricky depending on what country you're from and if Spain recognises your previous qualifications. Going through the recognition process to get them recognised here can be very difficult and time consuming. If you don't have to prove previous qualifications it will be a lot easier for you. One thing to keep in mind is that if you eventually want to move back to your home country or another country, you'll have to make sure that your qualification from the Spanish university is valid and you can use it elsewhere. If you are applying for the long-term Student Visa for a course that lasts more than six months, you will also need to provide proof of financial resources to support yourself and have private medical insurance. Both of these can again make the Student Visa slightly more complicated. According to Studying in Spain, it can take between 1-3 months to apply for the Student Visa, which is similar to the length of time needed for the DNV or NLV. Another point to be aware of is that you can only apply for a Student Visa outside of Spain. This is similar to the NLV, however for the DNV you can apply for it once you're already in Spain. This makes the DNV slightly easier in that respect. All in all, the Student Visa is still one of the easiest visas to get to live in Spain provided you're accepted onto a course and can pay for it, it's just a lot harder to apply for than it was before.
