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The Suez Canal Economic Zone in Egypt has solidified a transformative partnership with prominent Chinese firms, ushering in a new era of green fuel manufacturing. The $15.6 billion agreement is poised to drive sustainable energy initiatives and spark economic growth in the region.
The company is set to construct a “green hydrogen” plant with a total project value of $290 million. The site chosen for this project is the Science and Technology Advanced Manufacturing Park (STAMP) in the Town of Alabama, Genesee County. This 1,250-acre business park is poised to become a hub for innovation and sustainable industry. Moreover, it’s not just the “green hydrogen” plant that’s in the spotlight; STAMP is a prime contender for housing a $17 billion Samsung semiconductor plant, a development that could create nearly 2,000 job opportunities. Plug Power has made a commitment to Genesee County, pledging to…
Koç Holding has embarked on an initiative to manufacture hydrogen-fueled trucks, marking a significant step towards a sustainable transportation future. This venture is undertaken in collaboration with German technology company Quantron.
Denmark has awarded a total of DKK 1.25 billion ($155 million) to six green hydrogen projects in its first tender for support for Power to X (PtX) projects. The projects will be located in Holstebro, Esbjerg, Padborg, Rybjerg, Rødekro, and Fredericia.
The Australian mining giant has invested nearly NOK 100 million (approximately $8.9 million) to acquire a 12.5% ownership stake in Norwegian Hydrogen, making it the third-largest shareholder in the company.
Duke Energy will build a project to produce, store, and combust 100% green hydrogen in Florida. This groundbreaking project is a significant step towards decarbonizing the energy sector and advancing the adoption of green hydrogen technology.
This partnership aims to source 80 megawatts (MW) of green electricity from the “Sande Hybrid Energy Park,” currently under construction in Lower Saxony, Germany.
Nedstack and ComAp have joined forces to revolutionize the power generation landscape. Their strategic alliance aims to develop sophisticated control systems that seamlessly integrate fuel cell technology into power generation processes, unlocking the immense potential of this clean energy source.
Sunborne Systems has successfully conducted its first operational test of ammonia reactor technology, surpassing all expectations.
The German Renewable Energy Association (BEE) has raised concerns about the draft of the guarantee of origin for electricity used in green hydrogen production, warning that it contains critical loopholes.
