Author: Anela Dokso

Hydrogen

Alkeymia’s leap into the realm of sustainable energy is encapsulated in its investment of €200 million into a green methanol plant in Fabara. The company plans to commence construction later this year, marking a significant step in the reduction of carbon emissions—a priority echoed by energy experts globally. As the need for eco-friendly alternatives becomes more prevalent, Alkeymia’s project reflects a growing trend in the industry towards renewable resources. The green methanol plant aims to utilize cutting-edge technology to minimize environmental impact, targeting a reduction in greenhouse gas emissions that aligns with the European Union’s sustainability goals. It’s a strategic…

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green hydrogen

Germany’s ambitions to position itself at the forefront of hydrogen technology are receiving significant backing to the tune of €154 million. This investment, managed by Germany’s Federal Ministry for Digital Affairs and Transport, aims to bolster distributed innovation and technology centers (ITZ-H2). The decision aligns with the overarching objectives of Germany’s Recovery and Resilience Plan (DARP) under the NextGenerationEU initiative, tapping into funds from the European Recovery and Resilience Facility (RRF). Focus primarily rests on two strategic locations: the northern German cluster comprising Bremen, Bremerhaven, Hamburg, and Stade, as well as the city of Chemnitz. Chemnitz is particularly spotlighted with…

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green hydrogen

Hyundai Motor Company has announced plans to establish a hydrogen fuel cell production facility at its Ulsan plant, a pivotal move reflecting its commitment to the future of clean energy. The auto giant aims to catapult itself into the forefront of the hydrogen vehicle market, which, according to recent data, is projected to reach a market value of $132.13 billion by 2030. This significant investment into hydrogen fuel technology highlights Hyundai’s strategic response to the increasing global demand for sustainable energy solutions. As the automotive industry grapples with the challenge of reducing carbon emissions—transportation accounting for approximately 29% of greenhouse…

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