The PUNCH Group and the European Investment Bank (EIB) have agreed to a financing agreement worth €40 million to support the RDI activities of the business.
Author: Anela Dokso
Two new scalable products from LIFTE H2 have the potential to cut the price of hydrogen delivery and dispensing by up to 50%.
Bureau Veritas (BV), a classification society, has created a comprehensive certification program for renewable hydrogen, aiding the expanding renewables industry and hastening the energy transition. As said, the need for thorough standards tailored to the rapidly increasing worldwide hydrogen sector led to the development of this certification program. It will encourage the establishment of production facilities for renewable hydrogen, which is produced by electrolyzing water with power generated from renewable sources. Additionally, the program will give owners of such assets the chance to convince investors and off-takers of the viability of their ventures in order to get finance at the…
In order to jointly explore the potential development of green hydrogen projects in the Middle East region to produce hydrogen for Verbund to use as a renewable energy source to Central Europe with a primary focus on Austria, ACWA Power has finalized a partnership agreement with VERBUND, Austria’s leading electricity company.
Brazilian chemical manufacturer Unigel will be the first in the nation to create “green hydrogen” on an industrial scale with an investment of up to $1.5 billion in its Bahia complex. By the end of 2023, the plant’s first of three phases should be completed. These phases will double the plant’s capacity and allow it to produce 100,000 tonnes of hydrogen or 600,000 tonnes of one of its derivatives, ammonia, by the end of 2027. Electrolysers from Thyssenkrupp Nucera will be used to create green hydrogen by converting wind or solar energy (TKAG.DE). In July of last year, Unigel declared…
Raven SR has signed a memorandum of understanding (MOU) with All Nippon Airways (ANA) to deliver sustainable aviation fuel (SAF) for important worldwide routes. The MOU stipulates that an initial 50,000 tons of SAF supply will be available in 2025, with annual increments continuing until year 10 (200,000 tons). To support particular ANA international routes, the supply will be generated by Raven SR at facilities envisioned for significant worldwide markets outside of Japan. The two businesses continue to have a close relationship, with plans for the commercial production and international sales of renewable fuels. ITOCHU is one of several strategic…
Guillermo Fernández Vara’s protocol with Enagás appears to have started Extremadura’s green hydrogen race.
POSCO Group holds hydrogen value chain exhibition The POSCO Group unveiled its hydrogen value chain on January 16 during a special exhibition called “POSCO Hydrogen World” at the POSCO Center in Seoul. The POSCO Group organized this unique exhibition to once more draw attention to the group’s hydrogen business, which was previously highlighted at the largest hydrogen industry exhibition in Korea, the “2022 H2 MEET,” which took place at KINTEX in September of the previous year. A movie showing the hydrogen business portfolio and complete value chain of the POSCO Group is being screened at the entrance to the exhibition…
According to Suhail Al Mazrouei, the UAE’s minister of infrastructure and energy, the country will revamp its energy policy in 2023.
The possibility of establishing a new hydrogen hub in Germany will be assessed by bp. The Wilhelmshaven-based project is anticipated to comprise an ammonia cracker that, starting in 2028, could produce up to 130,000 tons of low-carbon hydrogen annually from green ammonia.
