Author: Arnes Biogradlija

Creative Content Director at EnergyNews.Biz

hydrogen

BP and Iberdrola have formed a 50-50 joint venture in Spain to develop a 25 MW green hydrogen project as part of the HyVal initiative. They have announced the final investment decision for a green hydrogen project in Castellón. They have approved constructing the first project in the Valencian Community (HyVal) ‘s green hydrogen cluster. This 25 MW project at BP’s refinery in Castellón is expected to be operational by the second half of 2026. It is the first green hydrogen project jointly undertaken by BP and Iberdrola through Castellón Green Hydrogen S.L., a joint venture both companies own. Details…

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hydrogen

General Motors and Hyundai have announced a new partnership to develop vehicles together. Collaborations are becoming more common, especially for clean energy and alternative fuel sources, as companies aim to share the costs and risks of adopting new technologies. Joint Development of Vehicles GM and Hyundai will work together to create new passenger and commercial vehicles, including electric vehicles (EVs) and hydrogen fuel cells. They also plan to find ways to reduce expenses on battery materials and steel, which are essential for vehicle production. Memorandum of Understanding The companies agreed to leverage their strengths to cut costs and deliver a…

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hydrogen

Mitsubishi Corporation is considering investing in a hydrogen and ammonia production facility being developed by ExxonMobil to bolster its efforts in the clean energy sector. The partnership would leverage Exxon’s vast resources and Mitsubishi’s expertise in various industries to pursue sustainable solutions. This facility is part of Exxon’s broader strategy to reduce carbon emissions, aligning with global efforts to combat climate change. Hydrogen and ammonia are critical to decarbonizing industries like transport and power generation. By combining their skills and resources, Exxon and Mitsubishi hope to play a significant role in the transition to cleaner energy.

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hydrogen

According to a statement from Karsan, the company aims to be at the forefront of “Mobility’s Future” by offering services with over 1,100 electric vehicles spread across 23 countries, focusing mainly on Europe. The company is accelerating its investment in new-generation technology, represented by hydrogen fuel cell (Fuel Cell) models. In September 2022, Karsan introduced its e-ATA Hydrogen model to the world at the IAA Transportation Fair held in Germany. To further its advancements in hydrogen technology, Karsan has signed a collaboration agreement with Toyota, one of the leading automotive and technology manufacturers globally. As part of this partnership, Karsan…

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hydrogen

TotalEnergies has announced its entry into the “Japan Hydrogen Fund,” becoming the only non-Japanese investor in the fund’s first round of investments. The fund, backed by over $400 million from major Japanese companies, aims to accelerate the development of the low-carbon hydrogen value chain in Japan and globally. Prominent Investors Join Forces The fund’s initial contributors include key players in Japan’s industrial and financial sectors: Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corporation for Carbon Neutrality, and the Bank of Fukuoka. Together, they are positioning Japan at the forefront of…

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hydrogen

Thermax has collaborated with Ceres Power Holdings plc to advance green hydrogen production. The companies have a non-exclusive, global license agreement allowing Thermax to manufacture and sell solid oxide electrolysis (SOEC) modules. This partnership aims to enhance the hydrogen production landscape in India and beyond. Enhanced Efficiency and Integration Thermax will use its experience in heat integration and waste heat recovery to manufacture pressurized stack array modules (SAM) and develop SAM balance of modules (SBM). The goal is to create multi-megawatt SOEC electrolyzer modules. These systems are up to 25% more efficient than current low-temperature electrolysis technologies and use industrial…

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hydrogen

Italy unveiled its National Hydrogen Strategy in December 2020, aiming to achieve complete decarbonization by 2050. This strategy is a key policy for Italy’s energy transition and sustainable economic growth, focusing on promoting hydrogen usage in industries, transportation, and energy production. One of the primary goals is to meet 2% of Italy’s final energy demand with hydrogen by 2030 and increase this to 20% by 2050. In June 2024, the Italian government submitted the 2024 Integrated National Energy and Climate Plan to the EU, further strengthening its hydrogen policy. According to this plan, Italy aims to increase the production and…

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hydrogen

The US Department of Energy’s Office of Clean Energy Demonstrations (OCED) has announced $87.5 million in funding for the initial phase of three hydrogen hubs. This is part of a $1.2 billion cost-sharing initiative to develop regional clean hydrogen hubs (H2Hubs). The announcement marks the beginning of a significant investment in renewable and clean energy projects across the United States. California Hydrogen Hub OCED has allocated $30 million to the California hydrogen hub, led by the Alliance for Renewable Clean Hydrogen Energy Systems (Arches). This public-private partnership aims to create a sustainable, clean hydrogen market by 2030. The project involves…

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Deutsche ReGas hydrogen

German LNG terminal operator Deutsche ReGas announced the completion of the Front-End Engineering and Design (FEED) phase for its planned hydrogen hub in Lubmin. This project, which started in September 2023, focuses on creating a large-scale electrolysis plant. This facility will use renewable electricity to split water into hydrogen and oxygen. Hydrogen Hub Details The hydrogen hub project, known as H2-Hub Lubmin, is divided into two phases. Phase one aims to construct a 200 MW electrolyzer plant by the end of 2026, intending to produce up to 30,000 tons of green hydrogen annually. Phase two plans to expand the capacity…

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hydrogen

Scotland Invests in ZeroAvia The Scottish National Investment Bank (SNIB) has put £20 million into ZeroAvia, a hydrogen-electric aviation firm. This investment is part of a larger $150 million Series C funding round. Other contributors include Alaska Airlines, Airbus, and Amazon’s Climate Pledge Fund. ZeroAvia aims to develop zero-emission, hydrogen-electric engines for commercial planes. ZeroAvia’s Ambitious Plans Founded in California, ZeroAvia is exploring future flight routes in Scotland’s Highlands and Islands and possible manufacturing sites in the country. Earlier this year, ZeroAvia partnered with ScottishPower to investigate green hydrogen supply options at Scottish airports. They plan to market their engines…

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