According to a recent assessment by the International Renewable Energy Agency (IRENA), G7 states can take the lead in the deployment of a low-carbon and environmentally friendly hydrogen market.
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A framework agreement was signed by Masdar, its consortium partners Infinity Power Holding and Hassan Allam Utilities, and prominent state-backed institutions in Egypt for the development of a 2 GW green hydrogen project in the Suez Canal Economic Zone (SCZONE).
The Renewstable is one of two models of hydrogen power plants developed by HDF Energy.
The first green hydrogen plant to be built in Egypt will receive an $80 million loan from EBRD.
The project’s overall capacity for producing green hydrogen will increase to 2,20,000 tonnes per year.
Germany aims to encourage the growth of the hydrogen economy internationally and has established two new funding pools totaling 550 million euros.
Securing globally acknowledged patents is essential for achieving “technological independence” and becoming a technical powerhouse for the hydrogen industry, through hydrogen intellectual property rights
Cummins and Tata Motors have signed a Memorandum of Understanding.
The idea would have South Africa export up to 8 million tonnes of clean-burning fuel and its derivatives by 2050 and satisfy local demand of 2 to 5 million tonnes.
Aramco, one of the top global integrated energy and chemicals businesses, and PT Pertamina (Persero) in Indonesia are investigating opportunities for cooperation throughout the hydrogen and ammonia value chain.
