According to Debasish Purohit, co-head of investment banking for Bank of America in India, the Indian green energy sector is poised to attract investments of up to $800 billion over the next decade.
Author: Anela Dokso
Tabernas, a region in Spain, is poised to become a hub of sustainable energy transformation through the ambitious Nascar project led by Innde Cetaer, a local company with 100% Almerian capital.
In a recent ‘Fortune 500 Open Innovation Roundtable,’ the Korea International Trade Association (KITA) and the Korea Development Bank (KDB) engaged in discussions with prominent companies including BP, Ford, and HP to explore innovation in the fields of hydrogen and nuclear power.
Colombia has set ambitious goals to become a significant producer and exporter of green hydrogen by 2030.
Bell Bay Powerfuels, a partnership between Abel Energy and Iberdrola Australia, has announced plans to redevelop the decommissioned Bell Bay Power Station in northern Tasmania into a large-scale, renewables-based hydrogen and green methanol facility.
Cranfield seeks funding to develop hydrogen-powered aircraft Aerospace Solutions plans to raise £30 million ($37.19 million) this year to construct hydrogen-powered electric aircraft. The UK-based business, which was established when Cranfield University was spun off, is in negotiations with a number of investors and plans to introduce the aircraft as early as 2026. Cranfield intends to use the money to create a demonstration aircraft in the air and to begin developing the final product. Paul Hutton, CEO of Cranfield Aerospace Solutions, stated: “It will give us runway until the end of 2024.” Charbone attends Cresent Street Grand Prix Festival Charbone…
The multinational consortium, Amnah, has secured agreements to develop a significant green hydrogen project in the Sultanate of Oman, with estimated investments reaching $6 billion at full capacity.
In a significant development for the renewable energy sector, Oracle Energy, a subsidiary of Oracle Power, has entered into a memorandum of understanding (MoU) with PetroChina International Middle East (PCME) to explore commercial opportunities for its Green Hydrogen Project in Sindh, Pakistan.
Hydrogen energy has emerged as a promising solution for the global energy transformation and sustainable development. In a recent statement, Ouyang Minggao, an academician of the Chinese Academy of Sciences, projected that hydrogen energy could potentially become a 10 trillion yuan industry in the future.
SSAB and Fortum have joined forces to launch a Front-End Engineering Design (FEED) study with the aim of investigating the feasibility of producing hydrogen-reduced sponge iron in Raahe.
