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Allianz Capital Partners (ACP), a subsidiary of Allianz Global Investors and Allianz insurance companies (Allianz), a German-based investor in renewable energy and infrastructure, has announced that it has entered into an agreement to acquire a minority stake in Nordic Ren-Gas Oy, a Finnish project developer for green hydrogen and power-to-gas (PtG) projects (Ren-Gas).
Using only renewable energy, this production facility is the first of its kind, according to Hiroshi Kinoshita of Panasonic’s Smart Energy System Business Division.
According to France Hydrogen, the industry’s most ambitious scenario for the growth of decarbonated hydrogen production capacity in France should be followed, with more than 250 projects identified and 225 vehicle charging stations by 2025.
According to a senior official at the Ministry of Energy and Minerals, Oman’s government anticipates attracting investment totaling more than $20 billion in the green hydrogen sector by 2030.
Toyota and BMW are among the major Japanese and German manufacturers that are entering the hydrogen-powered vehicle industry, which is currently dominated by Hyundai Motor Co.
According to the International Air Transport Association, the global aviation sector may use 15% to 20% of the world’s predicted 600 million tonnes of hydrogen by 2050 for the development of sustainable aviation fuels (SAFs) and to power new aircraft (Iata).
The Undersea hydrogen pipeline between Barcelona and Marseille will cost roughly 2 billion euros.
In the future years, VVD and D66 want the Netherlands to manufacture a lot more hydrogen than the existing plan. The 2030 production goal will quadruple if the coalition parties have their way. For sustainability and to achieve energy independence, it is essential.
In an effort to collaborate, Rio and Fortescue have agreed that their top scientists will get together and compare notes on hydrogen.
In response to the growing demand for clean fuel, Air Products and the renewable energy company AES Corp. will invest roughly $4 billion to construct the largest green hydrogen facility in the United States.
