Browsing: Breaking News

On the occasion of Chinese President Xi Jinping’s visit to the country, Chinese and Saudi businesses signed investment agreements for green hydrogen and solar energy.

International energy corporations have expressed a lot of interest in two green-hydrogen concessions that Oman stated will be given early in the next year and could require an investment of up to $10 billion.

In accordance with a memorandum of understanding they signed, BP will look into the possibility of creating a new green hydrogen production facility in Egypt.

Cavendish Renewable Technology, based in Melbourne, will develop mass-producible technology based on its research into hydrogen production.

Greenzo Energy will invest $50 million in Gujarat. As an angel investor, Real-Time Accelerator Fund has promised to put $1 million USD into Greenzo Energy.

South Korean’s Hyundai Motor Co. easily defeated its Japanese rivals to lead the world in hydrogen car sales in the first ten months of this year.

The API applauded the DOE for promoting a clean hydrogen economy in its comments, but also expressed worry that the roadmap fails to appropriately take into account various methods of producing hydrogen and the short-term advantages of cooperating with current hydrogen users, such as refineries.

A memorandum of understanding between RWE AG and Hyphen Hydrogen Energy might allow RWE to offtake up to 300,000 tons of green ammonia from Namibia annually.

Morocco is considering collaborating with Asia’s richest man, Gautam Adani, on a massive hydrogen project as part of a push for renewable energy to meet demand both domestically and in Europe.

In order to produce green hydrogen, which is seen as the foundation of the transition to cleaner energy, Orsted plans to spend heavily on a large-scale facility in Denmark.