Author: Arnes Biogradlija

HydrogenOne Capital Growth has signed definitive agreements for an investment of £8.4m in Strohm Holding. HydrogenOne is the first LSE-listed investment fund devoted to clean hydrogen. HydrogenOne is investing alongside Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital in the first closure of a £11.8m investment round for Strohm. In addition, HydrogenOne may invest up to an additional £1.7m in the second closure of this investment round, which is estimated to be at least £5.1m in total and is likely to occur later in 2022. After investing in Strohm, HydrogenOne will be eligible for a board seat. Strohm is…

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Chinese sources report that in the south of the Xinjiang Uygur Autonomous Region in Kuqa County (Kucha), the world’s largest green hydrogen production site is being completed. The facility, with an annual capacity of 20,000 tons of hydrogen, will be served by a solar farm of 630 hectares, equivalent to the area of 900 football fields. According to calculations, the enterprise will reduce greenhouse gas emissions in China by 500 thousand tons annually. The Xinjiang Uygur Autonomous Region, like northwest China as a whole, is rich in sunny days. At the same time the energy-intensive industry is concentrated in the…

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