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In a bold strategic move, the UK’s Labour Leader has expressed a vision for the country to take a global leadership role in hydrogen energy.

Abu Dhabi-based AL Fattan Holding Investment has announced a significant investment of $20 million in a green hydrogen and ammonia manufacturing business. The investment will be made in collaboration with LTechUVC, a Korean energy company, and aims to establish a 200 MW green hydrogen and ammonia production project in Abu Dhabi with a total project cost of $400 million.

Germany’s leading engine manufacturer, MTU Aero Engines, and aerospace company MT Aerospace have joined forces to develop a comprehensive liquid hydrogen (LH2) fuel system for commercial aviation. The partnership was officially announced at the Paris Air Show in Le Bourget. The initial application of this innovative system will be MTU’s Flying Fuel Cell™.

LONGi Hydrogen has entered into a groundbreaking partnership with Vision Grid Energy, an innovative energy technology company specializing in the development and operation of green hydrogen production facilities.

H2FLY, the global leader in hydrogen-electric powertrain systems for aircraft, has announced the next generation of its proprietary fuel cell system, H175. This high-performance and modular power unit is specifically designed for commercial aircraft applications, marking a significant milestone in sustainable aviation.

Currie Rose Resources has recently completed the acquisition of WA Hydrogen, also known as Kotai Energy, in a strategic move that positions the company in the rapidly growing hydrogen sector.

A consortium led by South Korean steelmaker POSCO Group has secured a $6.7 billion deal to construct the world’s largest green hydrogen plant in Duqm, a port town in central eastern Oman.

Statkraft, Europe’s largest renewable energy producer, and Air Liquide, a global leader in gases and technologies, have entered into a power purchase agreement (PPA) to generate green hydrogen.

In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and storage (CCS) technologies in 2024 and 2025.

South Korean company Doosan Enerbility Co. is embarking on a groundbreaking project to develop and demonstrate a high-efficiency H-class large hydrogen turbine technology using purely domestic resources.