Author: Arnes Biogradlija

ENOWA, NEOM’s subsidiary for energy, water, and hydrogen, has developed the region’s first Hydrogen and Innovation Development Center (HIDC). The new facility, which is located in NEOM’s advanced manufacturing and innovation city, intends to speed the creation of lab-to-market solutions and businesses across the spectrum of hydrogen, green fuel generation, utilization, and transportation. HIDC will serve as a demonstration site for emerging clean energy technologies and a collaborative learning community for research institutes focused on hydrogen and the circular carbon economy (CCE). HIDC will work with Saudi Aramco to develop and adopt decarbonized and clean synthetic fuels through these collaborations.…

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By 2030, Lotte Chemical would invest a total of ten trillion won in hydrogen and battery materials, which are critical industries for carbon neutrality and future growth. The corporation intends to do this by increasing its total revenues to 50 trillion won, including 12 trillion won in environmentally friendly enterprises. On the 31st, Lotte Chemical hosted “the 2022 Chief Executive Officer (CEO) IR Day” at the Conrad Hotel in Yeouido, Seoul for 20 key domestic investment institutions and outlined intentions to actualize new enterprises. Lotte Chemical has committed to investing more than 11 trillion won by 2030, with three new…

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