Author: Anela Dokso
Namibian President Hage Geingob has made a compelling call to world leaders, urging them to invest billions in Namibia’s green hydrogen initiative and the requisite infrastructure during the global renewables and energy efficiency pledge at the 28th Conference of the Parties (COP28) in Dubai.
Azerbaijan, a nation historically associated with oil and gas, is making significant strides towards a sustainable future, actively engaging in initiatives to export green hydrogen and ammonia.
ReNew Energy Global has inked a memorandum of understanding (MoU) with the Asian Development Bank (ADB) at COP28.
Brazil and the United Kingdom have officially launched the Brazil-UK Hydrogen Hub on December 3, 2023. The collaboration, represented by the Ministry of Mines and Energy (MME) for Brazil and the Department of Energy Security and Net Zero (DESNZ) for the UK, aims to strengthen international cooperation for hydrogen production as a crucial element in the global transition to a net-zero future.
Linde, the industrial gas giant, has invested approximately $90 million to ramp up production at its McIntosh facility in Alabama.
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.
