Author: Arnes Biogradlija

According to Saudi Arabia’s energy minister, the country intends to spend more than $300 billion to produce greener electricity and extend its power grid. Prince Abdulaziz bin Salman stated during a forum hosted by Saudi Arabia’s largest oil company Aramco that the country was also aiming to become a global leader in the production of hydrogen.

In order to plan, build, and operate a hydrogen plant with an initial feed-in capacity of 100 MW that can be raised to 1 GW by 2030, a coalition with HH2E AG and HydrogenOne Capital Growth plc was formed. Noerr provided advice on the consortium’s structure to Foresight funds.

With the German company 2G Energy AG, Centrica Business Solutions has agreed to provide combined heat and power systems that are suitable for hydrogen across Europe.

The world’s largest provider of oilfield services, Baker Hughes, and Australia’s Fortescue Future Industries (FFI) have agreed to collaborate on the development of green hydrogen and geothermal energy.

The front-end engineering and design phase of ExxonMobil’s low-carbon hydrogen project in Baytown, Texas, has been contracted to Technip Energies (FEED).

German industry is losing ground to Chinese competitors in the future market for electrolysis equipment for the hydrogen economy, according to data from the German Economic Institute (IW).

A significant advancement has been made in a strategy to reduce emissions at one of the UK’s most carbon-intensive facilities close to Hull.

This year, the government will provide a total of 16,920 hydrogen-powered automobiles with subsidies. In the case of hydrogen passenger cars, the supply of hydrogen vehicles will be increased significantly by providing a subsidy of 30 million won per unit, which includes local and governmental costs.

Fluxys and Macquarie Asset Management have reached an agreement for Fluxys to purchase OGE, the largest transmission system operator in Germany, for about 24% of the current market value.

Following the approval procedures, the “HyVillage (Hydrogen Village)” project, which will be Turkey’s first hydrogen field application, will be put into action.