Author: Anela Dokso

Lotte Chemical and the Sumitomo Corporation of Japan have agreed to work together to develop an environmentally friendly method of producing hydrogen and ammonia. Through this agreement, the two companies will make joint investments in the production of clean hydrogen and ammonia in other countries, specifically in Australia and Chile. In addition, they will commercialize and jointly commercialize technologies that are related to clean hydrogen and ammonia, as well as make joint investments in ammonia terminals in Korea and Japan, as well as businesses that are related to carbon capture, storage, and utilization (CCUS). cooperation, etc. Through this memorandum of…

The Victorian government has allocated $11.9 million toward the building of a permanent renewable hydrogen facility in Victoria, Australia, contingent upon the results of pilot testing by Yarra Valley Water. After receiving financing from the State Government’s Energy Innovation Fund, Round 2, the utility will begin testing a locally produced hydrogen electrolyser at the Aurora Water Treatment Plant to evaluate the project’s practicality and performance. Following a successful feasibility study, the utility will begin building a large-scale hydrogen facility with funding from the State Government. To promote Australia’s domestic hydrogen market, Yarra Valley Water and Jacobs had previously collaborated to…

Strohm, a producer of fully bonded Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MOU) with State Power Investment Corporation of China (SPIC) for green hydrogen production. Thermoplastic Composite Pipe is designed and made by Strohm at its facility close to Amsterdam, the Netherlands (TCP). TCP, according to the manufacturer, is less expensive than steel pipe and produces roughly 50% fewer greenhouse gases during manufacturing. Due to TCP’s nature as a flexible pipe, it can be deployed in the same offshore locations as existing array cables. SPIC has created multiple offshore wind farms and is one of the…

Saudi Arabia is well-positioned to take the lead in the environmentally friendly hydrogen industry thanks to its abundant natural resources, modern infrastructure, and ample land. Hydrogen prices vary widely from store to store, but typically range from from $2 to $7 per kilogram. Since renewable energy and natural gas are relatively inexpensive in the UK, living there is relatively inexpensive. The cost of green hydrogen rises due to a correlation between the cost of renewable electricity and the load factor of electrolyzers. KAPSARC calculates how much money, time, and energy Saudi Arabia could save by producing hydrogen instead of oil.…

ICIS has released the industry’s first hydrogen price assessments, which are based on the current value of renewable power. Accurate and reliable pricing instruments aligned to net zero objectives are necessary for investors, policy makers, and participants in the hydrogen industry to make the €500 billion in investments called for by the European Commission’s hydrogen strategy a reality. ICIS’s assessments of renewable hydrogen in Europe cover technologies and places that have been embraced by the market. These assessments are the result of “extensive consultation” with stakeholders in Europe’s energy market. Using ICIS’s multi-commodity energy analysis and Pexapark’s cost projections for…

Neoenergia, a subsidiary of Iberdrola, has agreed to work with Prumo Logstica on offshore wind and green hydrogen projects in Açu Port, Rio de Janeiro. The companies intend to conduct their research at the state’s Porto do Acu, where the port’s infrastructure could be useful to the projects during their installation and operation. However, the Brazilian renewable energy division of the Spanish utility business Iberdrola did not provide any additional information, including the prospective investment or the planned green hydrogen and offshore wind power production capacity. In the past, Neoenergia has signed memorandums of understanding (MOUs) with the Brazilian states…

A memorandum of understanding (MoU) was signed between the National Energy Secretariat (SNE) of Panama and Siemens Energy, which will help several industries in Panama. Agreement was signed at the Technological University of Panama during the eighth meeting of the National Energy Transition Council. Energy Secretary Dr. Jorge Rivera Staff signed the memorandum on behalf of the SNE, while Siemens Energy’s Business Manager for Latin America, Andreas Eisfelder, put his name to the document on behalf of the company. Together, the business and academic communities can advance Green Hydrogen and its derivatives through increased communication, education, and research and development.

Among the Italian recipients of the 5.2 billion euro public funding approved by the European Union, inside the IPCEI Hy2Use, is SardHy Green Hydrogen, the company formed on the basis of a joint project of Enel Green Power and Saras dedicated to the development of green hydrogen in Sardinia. The money will go toward things like hydrogen value chain infrastructure development, first industrial deployment, and research and development. Following the signing of a memorandum of agreement in February 2021, SardHy Green Hydrogen plans to install a 20 MW electrolyzer at the Sarroch industrial site in the province of Cagliari as…

To facilitate the development of ZeroAvia’s hydrogen-electric, zero-emission powertrains for the Cessna Grand Caravan, the company and Textron Aviation have signed a Joint Development Agreement. Targeting commercial passenger and freight operators, ZeroAvia plans to secure a Supplemental Type Certificate (STC) to convert the Grand Caravan single-engine utility turboprop with the ZA600 zero-emission motor. Textron Aviation is responsible for both the design and production of the Cessna Grand Caravan aircraft. Because of its high wing, it is well-suited for placing hydrogen fuel tanks underneath it, allowing airlines to keep their passenger and cargo capacities same even while they switch to zero-emission…

Consultative meetings were arranged between the Oman Investment Authority (OIA) and many of its enterprises and their UAE counterparts to discuss the prospective investment opportunities available in a variety of areas. Coinciding with the visit of UAE President His Highness Sheikh Mohamed bin Zaid and his meeting with Sultan Haitham bin Tariq, this is in keeping with the goals set by the two nations’ respective top leaders. Several agreements and memorandums of understanding were signed at the conclusion of these sessions, further strengthening the economic and commercial ties between the two countries. An agreement between OIA and ADQ worth 1…