Author: Anela Dokso

In a momentous step towards sustainable transportation, Bank Pembangunan Malaysia Bhd (BPMB), UOB Malaysia, and China Construction Bank (Malaysia) Bhd have joined forces to provide financing of RM264.5 million for the development of South East Asia’s first hydrogen-powered, autonomous rapid transit (ART) in Kuching, Sarawak.

Stadler Rail, a Swiss-based company, has secured contracts with Azienda regionale sarda trasporti (Arst) and Ferrovie della Calabria (FdC) for the development, production, delivery, and maintenance of 10 and 15 hydrogen-powered FLIRT H2 trains, respectively.

Airbus, the renowned France-based aerospace giant, has revealed a concept design for a 100-seat commercial hydrogen-powered plane. This groundbreaking development marks a significant step forward in the quest for sustainable air travel, presenting a potential game-changer for the aviation industry.

In a significant leap towards decarbonization and sustainability, SARRALLE, in collaboration with Nippon Gases, has achieved a groundbreaking milestone in the steel manufacturing industry.

As countries seek viable solutions to increase the consumption of renewable energy, hydrogen has emerged as a leading contender to drive this transition effectively.

Electricity Generating Public Company Limited (EGCO Group) and Diamond Generating Asia, Limited (DGA), a wholly-owned subsidiary of Mitsubishi Corporation in Hong Kong, have signed a Memorandum of Understanding (MoU) to explore the development of hydrogen value-chain related businesses and renewable energy projects.

ZeroAvia, a leading innovator in zero-emission aviation, announced a groundbreaking achievement as it concluded its initial prototype ZA600 flight testing campaign at Cotswold Airport in the UK.

Keppel, together with Mitsubishi Power Asia Pacific and Jurong Engineering consortium, has started the construction of the Keppel Sakra Cogen Plant (KSC Plant), Singapore’s first hydrogen-ready cogeneration plant.

IRS to present hydrogen tax credit guidance By the middle of August, the IRS is anticipated to release advice on the types of hydrogen projects that will be eligible for tax credits under the Inflation Reduction Act. The outcomes might have a substantial impact on the sector’s development and its capacity to decarbonize difficult-to-abate industries. According to Shannon Angielski of the Clean Hydrogen Future Coalition, the objective should be to “get this clean hydrogen industry launched with very pragmatic rules of the road so that it can scale.” Posifa Technologies unveils hydrogen sensors for BMS thermal runaway detection A novel…

In a transformative move towards sustainable energy solutions, Fortescue Future Industries (FFI), a global green energy and metals company, is set to acquire Nikola Corporation’s Phoenix Hydrogen Hub (PHH) project.