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The McGowan Government is planning to establish a $50 million fund, also included in the 2021-22 Budget, to expand local demand for renewable hydrogen in the transportation and industrial sectors and to create an incentive for additional investment in renewable hydrogen.
CAC-H2 of Singapore will own 80 percent of the operation, while Sweetman will control 20 percent and be responsible for providing wood feedstock as well as EPC engineering.
Mr Bamford, whose family is known as the builders of JCB construction equipment, started the fund in the hopes of encouraging further investment in hydrogen that is described as “green.” This item can be made using water obtained via a renewable energy source.
The parties plan to work together to construct steam methane reforming (SMR) with carbon dioxide collection and the delivery of natural gas to produce new fuel and marketable products on Sakhalin Island.
These two companies, as well as six other companies including the Yamanashi Prefectural Enterprises Bureau, will be receiving investment jointly with six other companies, including Tokyo Electric Power Company.
Hyundai shipbuilding in South Korea has created a collaborative venture to develop a liquid hydrogen fuel tank for ships. The project’s goal is to test-produce a gasoline tank for small ships by the end of the year, before moving on to develop tanks for larger boats. The advantage of liquid hydrogen over compressed gas is its high density, which allows for the storage of more energy in a given container for convenient transportation. Korea Shipbuilding & Offshore Engineering (KSOE), a subsidiary of the Hyundai shipbuilding group, is collaborating on the project with the Korea Research Institute of Ships and Ocean…
Hydrogen fuel cell vehicles (FCVs) were among the many vehicles that were fueled with the help of a hydrogen station set up by CNPC (China National Petroleum Corporation) in Chongli District, Zhangjiakou City, during the Olympics’ test events.
The union minister stated that undivided energy should be devoted to achieve the goal of reducing emissions.
The event, organized by dmg events and backed by the UAE Ministry of Energy and Infrastructure, will take place in Dubai from September 21st to September 23rd, 2021.
The so-called ITZ Nord is part of the German government’s “National Hydrogen Strategy” for 2020, and it will create a new “German Center for Future Mobility” network.
