The Saudi oil tycoon Aramco will arrive in the hub of Renault’s thermal division, which specializes in clean powertrains.
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Similar to its massive project in NEOM, the business intends for ACWA Power Saudi Arabia to construct up to three additional green hydrogen plants.
A joint declaration on hydrogen valleys titled “Moving the hydrogen economy from niche to scale” was signed by Commissioner Mariya Gabriel, Hydrogen Europe CEO Jorgo Chatzimarkakis, Hydrogen Europe Research President Luigi Crema, and S3 European Hydrogen Valleys Partnership co-leader Tjisse Stelpstra at the Repowering EU with Hydrogen Valleys event.
For the engineering, supply, and construction of the first hydrogen-powered direct reduction plant at the Duisburg location, thyssenkrupp Steel makes an order with SMS group, Düsseldorf.
The NEOM Green Hydrogen Project (NGHP), which is anticipated to be put into service in 2026, has inked financing agreements for a total investment of $8.5 billion with Saudi Arabian utility developer ACWA Power, which is partially owned by the sovereign Public Investment Fund.
The Westphalian University of Applied Sciences will establish the “H2 Solution Lab” as a futuristic hydrogen laboratory for hydrogen research with funding totaling about 42 million euros at its meeting on February 23rd, which is when the Structural Strengthening Council recommended funding for the first project in Gelsenkirchen.
Brazil has a number of innovative projects to manufacture the new fuel for the energy transition by utilizing local characteristics on the low-carbon hydrogen route.
Today, Thyssenkrupp will provide additional information regarding its massive, multi-billion-euro initiative to manufacture low-CO2 steel in Duisburg.
The goal of the joint study between PT Pertamina Geothermal Energy (PGE) and the Japanese power utility holding company TEPCO is to find the best operational technology for affordable green hydrogen production and transportation.
Despite bold intentions, implementing a hydrogen economy could be extremely expensive and time-consuming, endangering the continent’s economic expansion and potentially impeding decarbonization efforts.
