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.

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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…

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