ACWA Power and Sinopec Guangzhou Engineering signed a memorandum of understanding (MOU) to collaborate on green hydrogen and green ammonia projects.
Author: Anela Dokso
White Summit Capital is set to invest €250 million ($267 million) in a green hydrogen and methanol plant in Gijon, Spain.
The past two years have seen a significant increase in investment announcements for hydrogen electrolyzers, particularly led by China. According to a report by the Washington-based Energy Research Unit, global investment in electrolyzers used to produce green hydrogen is projected to rise by 140% to $5 billion in 2024.
Wärtsilä has introduced the world’s first large-scale engine power plant that is 100% hydrogen-ready.
Lhyfe recently delivered 350 kg of green hydrogen to Géométhane for a trial at the Manosque site in southern France. This trial aims to test the feasibility of storing hydrogen in salt caverns.
Hyundai Motor Company president and CEO named co-chair of Hydrogen Council Hyundai Motor Company President and CEO Jaehoon Chang has been named as the new co-chair of the Hydrogen Council, a global movement led by CEOs who share a shared vision and long-term goals for hydrogen to accelerate the clean energy transition. Sanjiv Lamba, CEO of Linde, has also been selected as co-chair. In order to push the Council’s next stage of development—which will center on accelerating investment and global trade as well as unlocking hydrogen demand—the two co-chairs will collaborate closely with member CEOs. Chile launches eBook on green…
McDermott has secured an Early Contractor Involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project in Central Newfoundland.
New Zealand-based Fabrum, recognized globally for its zero-emission transition technologies, is set to supply Toyota with its proprietary liquid hydrogen storage technology.
As Hong Kong announces its new Strategy for Hydrogen Development, Legislative Council members urge proactive planning despite the current immaturity of hydrogen production technology.
At the recent Hydrogen Americas Summit, major oil and gas companies lobbied intensively for a broad interpretation of hydrogen tax credits under the Inflation Reduction Act (IRA).