- OMV Secures €123M in State-Backed Support for 140 MW Green Hydrogen Project in Austria
- LyondellBasell Repositions Its Petrochemical Portfolio Around Circular Plastics and Low-Carbon Materials
- Donut Lab Launches First Commercially Available All-Solid-State Battery for Electric Vehicles
- China Brings Second Hualong One Reactor Online at Zhangzhou Nuclear Plant
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The Italian government has announced an additional allocation of $96.6 million towards green hydrogen production projects in abandoned industrial areas. This funding, part of the country’s post-COVID recovery initiative, aims to bolster Italy’s green hydrogen sector.
Sinopec recently achieved the mechanical completion of its capacity expansion and renovation project for the Guangzhou Petrochemical Hydrogen Fuel Cell Hydrogen Supply Center.
Bosch is making significant strides in the hydrogen sector, focusing on integrating hydrogen solutions across various industries.
Scatec has signed a significant agreement with its partners ECHEM and MOPCO for the production of renewable ammonia in Egypt. This collaboration involves Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, and aims to produce up to 150,000 tonnes of renewable ammonia annually.
Avaada Group has recently secured pre-certification for its green hydrogen and ammonia project in Gopalpur, Odisha.
Yara Clean Ammonia has secured a head of terms agreement for the offtake of renewable ammonia produced in Egypt from green hydrogen.
Germany has entered into a climate and energy alliance with Morocco to bolster renewable energy expansion and hydrogen production in the North African country.
Voltalia has signed a framework agreement with TAQA Arabia to develop a significant green hydrogen production cluster, continuing the progress from a Memorandum of Understanding (MoU) signed in December 2022.
World Bank’s $1.5B Loan Boosts India’s Green Hydrogen and Renewable Energy Initiatives
The World Bank has approved a second $1.5 billion loan to support India’s low-carbon energy development. This funding aims to promote green hydrogen production, expand renewable energy capacity, and stimulate finance for low-carbon energy investments.
Deutsche ReGas, a German LNG terminal operator, and Hoegh LNG, a Norwegian FSRU (Floating Storage and Regasification Unit) player, have signed an agreement to develop a floating hydrogen import terminal in the German port of Lubmin.
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