Founder EnergyNews.Biz
Oman, a nation long associated with oil and gas, is embarking on an ambitious journey to become a global leader in green hydrogen production. With a massive investment of $33 billion earmarked for this sector, the Sultanate aims to produce at least 1 million tonnes of renewable hydrogen annually by 2030, rising to 8.5 million tonnes by 2050.
Iberdrola is making a bold move to become a global frontrunner in green hydrogen technology. With a portfolio of 60 green hydrogen projects spanning Spain, the United Kingdom, Australia, Brazil, and the United States, the company is poised to invest a staggering €9 billion by 2030.
Fortescue is stepping onto the international stage with a grand ambition—to bring the benefits of green hydrogen to the northeastern Brazilian state of Ceará.
A study by the Norddeutscher Reallabor (NRL) highlights the pivotal role of green hydrogen in Germany’s industrial decarbonization efforts. The study estimates the country’s future demand for green hydrogen to reach at least 211 TWh annually as industries transition to climate-friendly technologies.
Air Liquide, partnered in six out of the seven hydrogen hubs. This exceptional commitment cements Air Liquide’s reputation as a driving force in hydrogen development.
The Ministry of Energy and Mineral Resources in Jordan has inked a crucial memorandum of understanding (MoU) with the Jordan Green Ammonia Company. This groundbreaking agreement paves the way for in-depth feasibility studies focusing on green hydrogen projects within the nation.
The Eastern, Northern, and Western Cape provinces of South Africa have joined forces to propel the nation into the global spotlight as a major producer of green hydrogen and its derivative products.
The cost of producing green hydrogen is a significant barrier, with a price tag of up to $8 per kilogram, roughly six times the cost of liquefied natural gas in Asia. To make green hydrogen more accessible, there’s a need to reduce production costs significantly.
Repsol inaugurated its 2.5 megawatt (MW) renewable hydrogen electrolyzer at the Petronor refinery in Muskiz, Spain. The electrolyzer is the first commercial-scale renewable hydrogen production facility in Spain and will play a key role in the development of the Basque Hydrogen Corridor.
Saudi Arabia has achieved a new milestone in sustainable transportation as its national railway company has entered into an agreement with its French partner to commence testing for its ambitious hydrogen train project.
