Author: Anela Dokso

HSBC has launched a $4 billion Sustainability and Transition Credit Facility in mainland China aimed at supporting companies operating across clean energy, transport electrification, artificial intelligence, and data center infrastructure. The initiative reflects a broader shift in sustainable finance away from purely domestic decarbonization projects toward cross border industrial expansion tied to global supply chains. The facility is designed to provide financing for Chinese companies seeking international growth, particularly those involved in advanced manufacturing and clean technology exports. HSBC said the program will include increased credit limits for eligible businesses, streamlined approval processes, and customized financing structures intended to accelerate…

Saudi Arabian Refineries Company, known as SARCO, has signed a non binding memorandum of understanding with China’s Ally Hydrogen Energy Co., Ltd. to jointly develop a green ammonia production plant alongside a manufacturing and assembly hub for hydrogen production and purification equipment.

China, where coal-based blast furnaces still account for about 90 percent of steel production and roughly 15 percent of national CO2 emissions, is expanding its hydrogen strategy beyond transport into sectors including steelmaking, shipping, aviation, and chemicals.

Egypt is positioning green hydrogen and Sustainable Aviation Fuel as part of a broader strategy to align its aviation sector with tightening international emissions standards and emerging low-carbon fuel markets.

EDP has halted its planned green hydrogen project in Aboño, northern Spain, citing delays in the Spanish government’s implementation of European hydrogen regulations that are expected to define usage mandates, market incentives, and compliance frameworks.

Global carbon accounting still prioritizes large industrial emitters and engineered removal systems, yet emerging geochemical evidence suggests a less visible source may be contributing to atmospheric CO2: abandoned coal mines.

A reported 93.9 percent energy utilization efficiency, roughly one-third higher than conventional thermal hydrogen storage methods, is drawing attention to a new gas-solid battery prototype developed by researchers at the Dalian Institute of Chemical Physics under the Chinese Academy of Sciences.

India’s push to expand nuclear generation through private sector participation is beginning to move from policy signaling toward early project development, with Tata Power confirming it is preparing detailed plans for small modular reactor deployment in collaboration with Nuclear Power Corporation of India Limited.

Scotland’s energy transition could require as much as 241 million tonnes of material by 2050, according to a new roadmap from Zero Waste Scotland, highlighting the growing tension between decarbonization goals and the resource intensity of large-scale energy infrastructure deployment.

Global clean hydrogen production is now expected to reach only 150 million to 160 million tonnes annually by 2050, according to DNV’s latest hydrogen outlook, marking a sharp downgrade from the company’s earlier expectations and reinforcing growing concerns that the hydrogen economy is advancing far more slowly than governments and developers anticipated just a few years ago.