Author: Arnes Biogradlija

ABB has partnered with Swiss utility Axpo to create modular green hydrogen production plants in Italy with the goal of optimizing the operational model for economical, green hydrogen production. The two businesses will leverage their complementary capabilities to further their shared vision of more affordable green hydrogen, with ABB leveraging its automation, electrification, and digital leadership in industrial operations and Axpo leveraging its extensive energy provider experience. The initial effort will consist of feasibility studies to determine ways to lower operating costs and assure a low carbon footprint, with the goal of uncovering synergies that will support standardization, modularization, efficient,…

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Dow Benelux unveiled a path for reducing the existing CO2 emissions from its Terneuzen, Netherlands, operations by more than 40% by 2030 and achieving net CO2 neutrality by 2050. Terneuzen becomes an exceptional location and role model for the company’s global transition to carbon neutrality by 2050, as outlined in the roadmap. The roadmap is divided into three phases. The plan’s first phase calls for the development of a clean hydrogen factory that will convert byproducts into hydrogen and CO2. Hydrogen is employed as a zero-emission fuel in the manufacturing process. CO2 is caught and stored indefinitely in the absence of…

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HyGear will supply its hydrogen recycling technology to one of the world’s leading glass makers under a 10-year Gas-as-a-Service agreement. The long-term contract will be utilized to collect waste gases from the glass manufacturing process, such as hydrogen. The gas recovery system from HyGear is capable of recovering used gases, cleaning them to a production-grade standard, and reintroducing them into the manufacturing process. Due to the increased rate of atmospheric refreshing, this strategy cuts costs and enhances product quality while also being more environmentally friendly. The pay-per-use deal, worth roughly $1.6 million in total income over the 10-year term, was…

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The funds will be used to bring Corre Energy’s flagship hydrogen-based storage projects in the Netherlands and Denmark to financial close, as well as to develop the company’s EU project pipeline strategically, integrating renewables and catalyzing the green hydrogen economy at scale across Northern Europe in accordance with EU emission reduction targets.

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RUSNANO and the Eurasian Development Bank (EDB or the Bank) have agreed to collaborate on the implementation of projects in the Eurasian Economic Union’s green hydrogen, renewable energy, and high technology sectors (EAEU). Sergey Kulikov, Chairman of the Executive Board at RUSNANO MC (Management Company), and Nikolai Podguzov, Chairman of the Management Board at EDB, signed an agreement to this effect at the St. Petersburg International Economic Forum. The agreement enables EDB to support a new alternative energy fund being established by RUSNANO with the objective of financing the renewable energy sector. This corporation is anticipated to invest not only…

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