Lhyfe has partnered with Elyse Energy, a specialist in low-carbon molecule production, to explore the development of e-methanol production in the Loire Estuary.
Author: Anela Dokso
McPhy Energy has finalized the sale of its hydrogen charging station business to Atawey. This strategic transaction reflects the ongoing shifts and consolidations in the industry as companies seek to refine their focus and bolster their positions in the burgeoning hydrogen market. McPhy Energy, known for its low-carbon hydrogen production and distribution equipment, and Atawey, a specialist in hydrogen distribution, initially entered exclusive negotiations in December 2023. Following a binding offer from Atawey in February 2024 and subsequent agreements in April 2024, the sale was finalized. The transaction includes a fixed portion of €12 million, payable over 18 months, with…
Australia has set its sights on becoming a global leader in hydrogen production, aiming to position itself as a renewable energy superpower. The Australian Government’s commitment to green hydrogen is clear, with plans to produce 500,000 tonnes per year by the 2040s. This target aligns with the current industrial hydrogen usage in the country, which is predominantly sourced from fossil fuels. The Commonwealth Government’s Hydrogen Production Tax Incentive (HPTI) aims to boost this sector with substantial subsidies. Yet, despite these initiatives, the projected numbers suggest only a modest increase in production. According to the government’s own budget, hydrogen production is…
The European Union has set ambitious goals for green hydrogen production and imports, aiming to produce 10 million tonnes of renewable hydrogen by 2030 and import an additional 10 million tonnes.
Fortescue Metals Group (FMG) plans to cut 700 jobs and shift its focus from green hydrogen to green electricity.
Sakhalin becames location of Russia’s first hydrogen testing ground The establishment of the hydrogen testing facility on Sakhalin yesterday will quicken Russia’s technological advancement. Pavel Sorokin, the Deputy Minister of Energy for the Russian Federation, made this claim on the ministry’s official YouTube channel. The first hydrogen complex in Russia has sprung up near Sakhalin, providing opportunity to advance several technological elements of hydrogen extraction.
Saudi Aramco has taken a significant step towards bolstering its hydrogen ambitions by signing final agreements to acquire 50% of Air Products Qudra’s (APQ) blue hydrogen industrial gases business.
In California, a class action lawsuit has been filed against Toyota, accusing the Japanese automaker of false advertising regarding the availability of hydrogen fueling stations for its Mirai model.
Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) to establish a $3 billion (AED 11 billion) green financing facility.
hy-fcell Stuttgart is one of the most important international trade fairs and conferences for hydrogen and fuel cell technology.
