Author: Anela Dokso
South Korean steelmaker Posco and French renewable energy giant Engie are joining forces to explore the feasibility of a massive renewable hydrogen project in Western Australia. This project could provide the essential fuel for a green iron venture planned in the Pilbara region.
These incentives encompass substantial tax breaks, ranging from 33 percent to 55 percent of due taxes, aimed at stimulating green hydrogen production. Additionally, the government is encouraging the local production of electric vehicles to further enhance the country’s eco-friendly initiatives.
Horizon Fuel Cell Group, renowned for its high power-density proton exchange membrane (PEM) fuel cells, is making waves in the world of sustainable energy. While their reputation is firmly established in applications like heavy vehicles, particularly within China’s booming fuel cell commercial vehicle market, a recent development has taken their capabilities to new heights.
U.S. Department of Energy has earmarked up to $925 million for the Heartland Hydrogen Hub, one of seven selected initiatives.
MAN Energy Solutions is teaming up with industry leaders and research institutes to chart a course for the future of marine transportation.
Portugal is set to launch the first-of-its-kind auction for rights to sell green hydrogen, slated for injection into the national gas grid.
The creation of the European Hydrogen Bank, announced a little over a year ago by Commission President Ursula von der Leyen, was a watershed moment for Europe’s hydrogen economy. On top of the important regulatory work being done to create the framework for this nascent market, we now had a much-needed support scheme administered at the European level for the continent’s first major hydrogen projects.
Lhyfe, a forward-thinking player in the renewable energy landscape, is poised to build the largest commercial green hydrogen production plant in Schwäbisch Gmünd.
Japan’s Marubeni has joined forces with the UK Government in a momentous memorandum of understanding (MoU) that sets the stage for an astounding £10 billion (approximately €11.5 billion) investment in the UK’s clean energy sector over the next decade. This partnership signifies a significant step toward fulfilling the UK’s commitment to achieving net-zero greenhouse gas emissions by 2050.
Honeywell, a global leader in industrial technology and safety, has stepped in with its FS24X Plus Flame Detector to ensure that the hydrogen revolution remains as safe as it is promising.
