Green methanol project in southern Spain has captured the attention of investors, with an anticipated investment of up to EUR 1 billion ($1.1 billion). The brainchild of Cepsa and C2X, the project aims to establish a cutting-edge green methanol plant capable of annually producing 300,000 metric tonnes of this eco-friendly fuel.
South Africa emerges as a potential powerhouse in green hydrogen production, poised to become a key supplier for Germany and Europe.
Symbio, a joint venture between Forvia, Michelin, and Stellantis, has officially inaugurated SymphonHy, Europe’s largest integrated fuel cell production site.
Sadhana Nitro Chem Ltd, a key player in the realm of intermediate specialty chemicals, has greenlit a rights issue of up to INR 49.95 crore (approximately $6 million).
Brazil is poised to revolutionize its energy landscape and economic prospects through the burgeoning green hydrogen market, with the potential to generate a staggering R$150 billion per year by 2050.
Energy giants Iberdrola and Masdar have joined forces in a strategic partnership, committing to jointly invest up to €1.5 billion.
United Arab Emirates (UAE) has taken center stage at the COP28 climate summit, grappling with a significant hurdle: the affordability of hydrogen. At a high-level roundtable, the UAE’s Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei, addressed the challenges and strategic initiatives associated with making hydrogen, particularly green hydrogen, economically viable.
Masdar has solidified its collaboration with Indonesia’s state-owned utility company, PLN. The partnership aims to propel the development of Southeast Asia’s largest floating solar power plant and venture into the promising realm of green hydrogen production.
In a bold move to spearhead India’s hydrogen revolution, the Department of Science & Technology (DST) has announced a call for proposals, inviting scientists, engineers, and innovators to upgrade lab-scale technologies and propel them to the prototype and pilot plant stages.
IBM and FuelCell Energy team up IBM and US-based FuelCell Energy have teamed together to use Foundation Models, a type of generative artificial intelligence (AI), to enhance the fuel cell manufacturer’s performance. As part of this partnership, FuelCell Energy will be able to prolong the life of its fuel cells thanks to the implementation of clever algorithms by IBM. AFWERX and Piasecki Aircraft Corporation inked multi-year contract The US Air Force’s Innovation Branch, AFWERX, and Piasecki Aircraft Corporation have inked a multi-year contract worth $37 million. With this agreement, Piasecki will be able to showcase its hydrogen aerial system (ARES)…
