Spanish Prime Minister Pedro Sanchez unveiled a comprehensive €2.3 billion ($2.5 billion) initiative to accelerate Spain’s transition to clean energy.
Author: Anela Dokso
Aslan Energy Capital to construct green hydrogen project in Sonora Aslan Energy Capital intends to construct a major green hydrogen project in the state of Sonora, which is in northeastern Mexico. The company, which is a subsidiary of LNG Alliance, has reportedly inked a preliminary agreement to purchase 35,000ha of coastal land for the construction of a solar farm and an ammonia/hydrogen factory, according to the website Mexico Business. The ammonia will be utilized to make less expensive fertilizer for Mexican farmers in addition to producing hydrogen for fuel.
Korea is stepping up its efforts in clean hydrogen technology development, aiming to achieve 100% domestic production capability by 2030 through strategic research and development (R&D) initiatives.
Morocco’s ambitious green hydrogen strategy, spearheaded by the Minister of Energy Transition and Sustainable Development, Leila Benali, promises significant advancements in the country’s energy sector.
The energy company Enagás and the transport company Disfrimur have joined forces to promote the decarbonization of heavy road transport using hydrogen.
Industrial gas major Messer has announced the development of a 10MW green hydrogen plant in Brainergy Park Jülich, Germany.
Lhyfe has partnered with Elyse Energy, a specialist in low-carbon molecule production, to explore the development of e-methanol production in the Loire Estuary.
McPhy Energy has finalized the sale of its hydrogen charging station business to Atawey. This strategic transaction reflects the ongoing shifts and consolidations in the industry as companies seek to refine their focus and bolster their positions in the burgeoning hydrogen market. McPhy Energy, known for its low-carbon hydrogen production and distribution equipment, and Atawey, a specialist in hydrogen distribution, initially entered exclusive negotiations in December 2023. Following a binding offer from Atawey in February 2024 and subsequent agreements in April 2024, the sale was finalized. The transaction includes a fixed portion of €12 million, payable over 18 months, with…
Australia has set its sights on becoming a global leader in hydrogen production, aiming to position itself as a renewable energy superpower. The Australian Government’s commitment to green hydrogen is clear, with plans to produce 500,000 tonnes per year by the 2040s. This target aligns with the current industrial hydrogen usage in the country, which is predominantly sourced from fossil fuels. The Commonwealth Government’s Hydrogen Production Tax Incentive (HPTI) aims to boost this sector with substantial subsidies. Yet, despite these initiatives, the projected numbers suggest only a modest increase in production. According to the government’s own budget, hydrogen production is…
The European Union has set ambitious goals for green hydrogen production and imports, aiming to produce 10 million tonnes of renewable hydrogen by 2030 and import an additional 10 million tonnes.
