Author: Arnes Biogradlija

Green Hydrogen H2 News

Amancio Ortega, through his investment arm Pontegadea, has just reached an agreement to buy 5% of the capital of Enagas Renovable, the subsidiary that develops green hydrogen for the technical manager of the gas system. The operation, which represents a new commitment by the owner of Inditex to the energy sector and its entry into the hydrogen business, reinforces the objective of bringing new investors of reference into Enagas Renovable announced by the company in the presentation of its strategic plan. On July 20, Hy24, a joint venture between Ardian and FiveT Hydrogen, which represents the largest investment platform in…

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Green Hydrogen H2 News

Hanwha Impact announced that it would build a large-capacity hydrogen production facility by 2026 through the development of eco-friendly ammonia technology. It is the will to build a clean energy value chain based on ammonia, a carbon-free raw material, and to accelerate the realization of carbon neutrality. Hanwha Impact signed a joint R&D and commercialization agreement for large-scale ammonia-based hydrogen production with Wonik Materials at the Plaza Hotel in Seoul on the same day. The event was attended by Kim Hee-cheol, CEO of Hanwha Impact, and Han Jeong-wook, CEO of Wonik Materials. Ammonia is a low-carbon hydrogen compound defined as…

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Green Hydrogen H2 News

SK ecoplant will conduct a project to develop a technology for the direct production of hydrogen from organic waste resources such as sewage and food waste in conjunction with industry, academia, and research institutes. The corporation said on Wednesday that it will collaborate with Korea Institute of Industrial Technology (KITECH) and Yonsei University on a state initiative initiated by the National Research Foundation of Korea under the Ministry of Science and Information and Communications Technology. The five-year initiative intends to manufacture hydrogen via a fermentation process in which hydrogen-producing bacteria, such as clostridium butyricum, consume and breakdown organic matter in…

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Green Hydrogen H2 News

The Indian renewables company ReNew Power plans to create green hydrogen projects in Egypt and Morocco, according to unnamed sources cited by the news website Mint on Tuesday. The corporation has aspirations for Oman as well. The initiatives are part of the company’s plans to diversify its renewable energy business through projects in the domains of green hydrogen and energy storage. In April, Nasdaq-listed Renew announced intentions to form a joint venture with oil and gas explorer Indian Oil Corp. and engineering and construction firm Larsen & Toubro to develop green hydrogen projects in India. Egypt, which will host COP27…

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Green Hydrogen H2 News

H-TEC SYSTEMS sells a PEM electrolyzer type HCS to Wenger Hydrogen, continuing a successful cooperation in the past. Wenger Hydrogen is the general contractor for the project, which will be realized in Switzerland. The plant is scheduled to be commissioned at the end of next year. The Hydrogen Cube system is suitable for multi-megawatt PEM electrolysis plants and allows for gradual expansion and scaling up to ten megawatts and more. In Wenger Hydrogen’s project, the H-TEC SYSTEMS plant with two megawatts of electrical power converts renewable energy from hydropower into green hydrogen. In the future, up to 900 kilograms of…

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Green Hydrogen H2 News

NextEra Energy Inc. of Florida, which is currently one of the largest solar and wind utilities, plans to convert 16 GW of its more than 20 GW natural gas electrical generation fleet to run on green hydrogen as it continues to march toward carbon neutrality. The utility’s primary subsidiary, Florida Power & Light Co. (FPL), recently brought a 1.2 GW natural gas-fired power plant online, according to management comments made during its 2Q2022 conference call. The $900 million project was completed on schedule and within budget, according to the CFO, Kirk Crews. The Dania Beach Clean Energy Center is estimated…

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Green Hydrogen H2 News

In microgrids that power community centers and key services when a utility cuts electricity due to the heightened threat of wildfires, extreme weather, or other causes, fuel cells that function as gigantic batteries are used. The systems can keep power flowing to essential services such as fire protection and other safety agencies, water wells, and electric medical devices for the vulnerable, and are significantly less polluting than the ubiquitous diesel generators that are activated during power outages and grid emergencies. Bloom surpassed its 200 MW capacity fuel cell factory in Sunnyvale and established a far larger one in the neighboring…

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Green Hydrogen H2 News

Tuesday in Athens, Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, met with Greek Prime Minister Kyriakos Mitsotakis for bilateral talks. They discussed bilateral relations and how to strengthen them in a variety of areas. In addition, they covered regional and global trends. Crown Prince Mohammed emphasized that Saudi Arabia and Greece had close and historic links, adding that he was “very pleased” to be visiting the nation and to have such a warm welcome. “This is extremely important to me and Saudi Arabia,” he emphasized. “I promised Greece that I would return with gifts.…

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Green Hydrogen H2 News

According to the South Australian government, the proposed hydrogen plant in Whyalla will generate renewable energy projects worth $20 billion. Acting Energy Minister Chris Picton responded to Opposition criticism that the plant would be a “experiment,” that its construction costs would increase, and that consumers’ electricity bills would not decrease. He stated that the government-owned plant’s employment initiative would expedite the green hydrogen industry in South Africa, “unlock the construction of a $20 billion pipeline of renewable energy projects, and spark the creation of new jobs in supply-chain companies.” The government said on July 25 that sixty business proposals related…

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Green Hydrogen H2 News

Industry ministry announced that South Korea held a ceremony to honor the completion of a new hydrogen manufacturing plant in the city of Pyeongtaek, the first of its kind in the metropolitan area. The base in Pyeongtaek, around 70 kilometers south of Seoul, is the second hydrogen manufacturing plant in the country, following the one in Changwon, which has been operational since the end of last year. After completing the requisite tests, the Pyeongtaek plant is anticipated to be placed into operation the following month. According to the Ministry of Trade, Industry, and Energy, it will be capable of producing…

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