ACWA Power has signed a series of groundbreaking agreements worth a staggering $746 million. These transformative agreements, forged during the Future Investment Initiative (FII7) in Riyadh, are set to catalyze clean energy and sustainability initiatives across multiple regions.
Japanese conglomerate Mitsui & Co. has partnered with the Fukui prefectural government and Hokuriku Electric Power Company to conduct a groundbreaking feasibility study.
Centrica PLC subsidiary Bord Gáis Energy has taken a monumental step by joining a transformative project aimed at repurposing the Celtic Sea’s Kinsale Head gas field for the storage of green hydrogen.
The quest for sustainable energy solutions has led Germany to engage in discussions with Algeria, setting the stage for a potentially significant partnership in the world of green hydrogen. According to a press release from the German Ministry of the Economy, both nations are exploring the possibility of Algeria becoming a major supplier of green hydrogen to Europe’s largest economy.
In a resounding step toward a greener future, King Willem-Alexander of the Netherlands officially opened the first phase of the national hydrogen network in Rotterdam.
Denmark has awarded a total of DKK 1.25 billion ($155 million) to six green hydrogen projects in its first tender for support for Power to X (PtX) projects. The projects will be located in Holstebro, Esbjerg, Padborg, Rybjerg, Rødekro, and Fredericia.
The Australian mining giant has invested nearly NOK 100 million (approximately $8.9 million) to acquire a 12.5% ownership stake in Norwegian Hydrogen, making it the third-largest shareholder in the company.
Duke Energy will build a project to produce, store, and combust 100% green hydrogen in Florida. This groundbreaking project is a significant step towards decarbonizing the energy sector and advancing the adoption of green hydrogen technology.
This partnership aims to source 80 megawatts (MW) of green electricity from the “Sande Hybrid Energy Park,” currently under construction in Lower Saxony, Germany.
The Netherlands has authoritatively started the development of its arranged 1,200 km hydrogen pipeline on Oct. 27, with an initial 30 km segment running in Rotterdam to begin tasks in 2025.
