The new 100MW plant will be the first significant commercial green hydrogen production facility in Norway.
Browsing: Green Hydrogen
Germany has gathered the richest industrial nations to hasten the process.
HESTA, an Australian superannuation fund, has agreed to invest up to $100 million in three green hydrogen projects held by Countrywide Hydrogen subsidiary ReNu Energy.
Abdessalam Ould Mohamed Salah, Mauritania’s Minister of Mines and Energy, and Bernard Looney, the CEO of BP, both signed the memorandum.
The project calls for the startup of 100 megawatts (MW) of electrolyzers, with the potential to grow to 500 MW if the market permits for Abono green hydrogen plant.
The first phase of the green hydrogen plant in Ain Sokhna is now being commissioned by Egypt Green, a joint venture between Fertiglobe, Scatec, Orascom Construction, and the Sovereign Fund of Egypt.
Alikhan Smailov, the prime minister, and Andrew Forrest, the CEO of Fortescue, signed the agreement at the World Leaders Summit of the 27th Conference on Climate Change (COP27) in Egypt.
IRENA and UNIDO want to use international collaboration as a platform that will enable investments, policies, and clean technology development to speed up the achievement of the UN Sustainable Development Goals.
A non-binding Memorandum of Understanding (MOU) between NewMed Energy and Uniper aims to explore possibilities of working together on the production of blue and green hydrogen as well as the short- and long-term supply of LNG.
The Canadian government announced greater investment tax incentives for hydrogen and clean technology in its fall economic statement. The proposed credits would allow the country to equal the financial incentives provided to American manufacturers by the Inflation Reduction Act (IRA).
