The Korean Ministry of Trade, Industry, and Energy reported on July 6 that the 17 member businesses of the Korea H2 Business Summit plan to invest over 50 trillion won in the hydrogen industry by 2030, an increase of over 7 trillion won. According to the ministry, this is due to the fact that the updated Economic Promotion and Safety Control of Hydrogen Act is slated to go into effect within this year, thereby substantially reducing uncertainty. The member companies promised to invest a total of 43 trillion won by 2030 in their respective hydrogen initiatives. They upped their projected…
Author: Arnes Biogradlija
Spain is leading the way in the development of green hydrogen because of the country’s expanding wind and solar power industries as well as its ample area for the massive plants required to produce green hydrogen.
Ports of Stockholm and CMB.TECH are collaborating on an innovative hydrogen project at the Stockholm Norvik Port. The investment in hydrogen will span port operations and enhance service offerings to shipping businesses, haulage companies, and other clients and partners. The goal is for Stockholm Norvik Port to be the most environmentally conscious and sustainable port in Sweden. Ports of Stockholm and CMB.TECH have formed a partnership for a groundbreaking hydrogen project at the Stockholm Norvik Port. By constructing a hydrogen fueling station near to the port, the investment signifies the beginning of being able to provide consumers and collaborative partners…
The plant is anticipated to be able to produce enough hydrogen annually to power trucks for 11.1 million kilometers.
Gov. David Ige has signed into law a package of measures that includes SB2570 (Act 241) – Relating to Zero Emission Vehicle Fueling Rebates, which intends to establish a state rebate program for renewable hydrogen refueling systems. According to the bill, developers of new hydrogen refueling infrastructure are entitled for reimbursements of up to $200,000 if the equipment stores and dispenses hydrogen that is considered “renewable.” This is defined by the bill as fuel “generated exclusively from renewable sources with life cycle emissions of no more than 50 grams of carbon dioxide per kilowatt-hour.” Existing hydrogen refueling stations are eligible…
By 2030, the European Commission intends to construct 40 GW of renewable hydrogen electrolyzer capacity throughout the EU.
Jakson Group, one of India’s top energy and infrastructure companies, announced the formation of Jakson Green Pvt. Ltd. (JGPL). Jakson Green Pvt. Ltd. will concentrate on Green Hydrogen & Ammonia, Waste to Energy, Electrolysers & Fuel Cells, Utility-scale Battery Energy Storage Systems (BESS), Solar, and related Operation & Maintenance services for all of these business lines. This new initiative exemplifies the Company’s expanding scope and commitment to sustainable growth in the renewable energy industry. The Jakson Group has reached an agreement with a top fuel cell manufacturer in the United States in order to pursue hydrogen projects in India. Commenting…
The electrolyzer, which will be constructed at Eemshaven, will have a minimum of 50 megawatts.
The Director General of Energy and Geology, João Bernardo, said in Parliament that there are already “30 hydrogen producers registered” with the Directorate General of Energy and Geology (DGEG), whose projects are still being analyzed. In a parliamentary hearing on the investment plans of REN – National Energy Networks in transport networks of electricity and natural gas, João Bernardo said that some of the producers already registered are already testing the incorporation of small percentages of green hydrogen in the natural gas network, pointing to pilot projects in Seixal and Evora. These smaller projects will use the distribution networks, whose…
In order to increase the fleet’s size from four to six, Explora Journeys, a luxury travel brand of the MSC Group’s Cruise Division, and Fincantieri, one of the biggest shipbuilding companies in the world, have signed a memorandum of understanding for the construction of two additional luxury cruise ships powered by hydrogen. EXPLORA V and VI, the two new structures, will open for business in 2027 and 2028, respectively. A new generation of liquefied natural gas (LNG) engines and a liquid hydrogen collecting system will be included in the new boats. This will allow this prospective low-carbon fuel to be…