Sasol Limited (Sasol) and the Industrial Development Corporation of South Africa Limited (IDC) have signed a memorandum of understanding (MOU) to collaborate on developing and shaping an enabling environment for South Africa’s green hydrogen economy.
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Aukra’s clean hydrogen can be used to decarbonize local industrial processes, provide emission-free fuel for maritime and land transport, and be exported to European hydrogen consumers.
According to a research conducted by Ricardo and the Environmental Defense Fund for the P4G Getting to Zero Coalition Partnership, South Africa has an untapped opportunity to deliver zero carbon fuels to the global maritime industry.
Saudi Arabia and the United Arab Emirates, OPEC’s largest and third-largest oil and gas producers, are striving to become blue hydrogen and ammonia exporters as the two Gulf governments plan to increase oil production capacity while also establishing a sustainable energy brand.
SVEVIND Energy GmbH (“SVEVIND”) and Kazakh Invest National Company JSC (“KAZAKH INVEST”) have signed a memorandum of understanding regarding SVEVIND’s plan to develop and realize mega-scale facilities for producing green hydrogen by utilizing the Republic of Kazakhstan’s vast wind and solar energy resources.
By 2028, the global market for hydrogen generation is expected to reach USD 220.37 billion.
The joint venture between Aker Clean Hydrogen and Varanger Kraft to create a green hydrogen and ammonia plant in Berlevg, Norway, is making progress toward its goal of decarbonizing arctic shipping and off-grid power plants.
We are already experiencing a hydrogen boom. It is expected to grow to a $175 billion business in five years and an unfathomably large $11 trillion market by 2050.
FFI has signed an Option Agreement with TasPorts to exclusively negotiate all land and operating access needs for its proposed 250 megawatt (MW) green hydrogen plant in Bell Bay in northern Tasmania, which marks a major milestone in the development of this world-leading project.
One of Japan’s major general trading firms, ITOCHU Corporation (ITOCHU), recently announced an MOU with one of Australia’s largest clean hydrogen projects, Australian Future Energy (AFE).