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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.

Lhyfe, a trailblazer in green and renewable hydrogen production in Europe, is set to embark on a groundbreaking venture in Lubmin, Germany.

Antonio Brufau, the president of Spanish oil giant Repsol, declared on Thursday the company’s intention to shift planned hydrogen investments worth €1.5 billion away from Spain to Portugal and France.

U.S. Department of Energy (DOE) has announced its intention to invest up to $100 million over five years.

Samsung C&T’s Construction Division is set to construct Korea’s inaugural green hydrogen production facility. This innovative project marks a significant stride in the nation’s commitment to clean energy, utilizing cutting-edge technology and harnessing the power of off-grid solar energy.

Yara Clean Ammonia, North Sea Container Line, and Yara International are spearheading an unprecedented venture—the creation of the world’s inaugural container ship fueled by clean ammonia.

Vladimir Malinov, Executive Director of Bulgaria’s transmission system operator Bulgartransgaz, and Fernando Impuesto, Business Development and Diversification Director of Spanish operator Enagas, engaged in discussions regarding potential collaborations in hydrogen and liquefied natural gas (LNG) initiatives.