In its Strategic Plan 2023–2027, Hiperbaric, a firm based in Burgos that develops high-pressure industrial equipment, underlines the growth of the green hydrogen market and projects that its revenue will increase by 2.5 times by 2027 to reach 158 million euros.
Mauritania, Egypt’s energy company Infinity, and Masdar of the United Arab Emirates inked a memorandum of agreement for a $34 billion green hydrogen project in the West African nation.
Uniper has chosen Plug Power to design the electrolyzer technology for its Maasvlakte site in the Port of Rotterdam.
Entrepreneur Talmon Marco’s Israeli business, H2Pro, has a strategic partnership with Sumitomo of Japan. Until the end of the current decade, the arrangement is expected to be worth around $250 million.
At Oswego, New York, the Nine Mile Point Nuclear Station is now producing clean hydrogen. The facility uses nuclear energy to produce clean hydrogen for the first time in the country.
GS Caltex Corp., a South Korean oil refiner jointly owned by Chevron and GS Group, announced a partnership with Korea South-East Power Co., Ltd. (KOEN) to establish a clean hydrogen value chain.
Frans Timmermans, the executive vice president of the EU, and Kadri Simson, the commissioner for energy, have spoken with Saudi government representatives about expanding their partnership in the creation of clean hydrogen.
Green hydrogen experiments will be conducted thanks to a contract won by Bolivia’s state-run electricity firm, Ende.
For the prospective development, financing, construction, operation, and maintenance of Oracle Energy’s Green Hydrogen Project in Thatta, Sindh Province, Pakistan, Oracle Power and China Electric Power and Technology (CET) have signed a strategic Memorandum of Understanding (MoU).
Nel, a Norwegian hydrogen firm, has raised 1.61 billion Norwegian crowns ($154.70 million) through the private placement of 108 million new shares at 14.90 crowns each, or 9% less than the stock’s closing price in Oslo.
