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Linde, the industrial gas giant, has invested approximately $90 million to ramp up production at its McIntosh facility in Alabama.
Symbio, a joint venture between Forvia, Michelin, and Stellantis, has officially inaugurated SymphonHy, Europe’s largest integrated fuel cell production site.
Energy giants Iberdrola and Masdar have joined forces in a strategic partnership, committing to jointly invest up to €1.5 billion.
Masdar has solidified its collaboration with Indonesia’s state-owned utility company, PLN. The partnership aims to propel the development of Southeast Asia’s largest floating solar power plant and venture into the promising realm of green hydrogen production.
SK E&S made waves at COP28 by signing a global memorandum of understanding for the construction of Korea’s largest low-carbon hydrogen plant.
Toyota is set to establish the Hydrogen Factory Europe. This groundbreaking initiative aims to foster a coordinated approach to hydrogen production, supporting the increasing demand for fuel cell systems in the region.
Economic and Social Development Bank (BNDES) and the World Bank have inked a transformative memorandum of understanding during COP 28 in Dubai. This strategic alliance aims to propel financing mechanisms across the entire low-carbon hydrogen value chain.
Oman, the Netherlands, and key industry players have signed a Joint Study Agreement to explore the feasibility of a liquid hydrogen supply chain.
Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO) has announced the award of €150 million in funding to twelve pioneering projects under the H2 Pioneers Programme, marking a significant step forward in the country’s green hydrogen ambitions.
German chemical giant BASF SE is poised to embark on a groundbreaking venture as it secures formal funding approval amounting to EUR 124.3 million (USD 136.2 million) for its envisaged green hydrogen plant at the Ludwigshafen headquarters.
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