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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.

Argentina’s aspirations in the green hydrogen sector have received a significant boost with the announcement that its renewable hydrogen industry is poised to benefit from a portion of the €10 billion ($10.9 billion) mega-fund allocated by the European Union (EU) to develop sustainable supply chains in Latin America and the Caribbean.

In a strategic partnership, Garrett Motion and BMW Group are poised to reshape the future of zero-emission transportation through an innovative fuel cell compressor. Garrett’s groundbreaking technology will power the new BMW iX5 Hydrogen, further cementing BMW’s commitment to clean mobility.

Norwegian-based company Norsk Hydro ASA has achieved a significant milestone in the decarbonization of aluminum production by successfully manufacturing the world’s first batch of aluminum using green hydrogen.

Provaris and Norwegian Hydrogen have joined forces to develop a large-scale production plant for green hydrogen in Ørskog, Ålesund municipality.

In a seemingly unusual collaboration, leading companies such as RWE, BP Europe, Open Grid Europe, Thyssengas, Vonovia, and Thyssenkrupp have joined forces with the aim of turning the Ruhr area into a national model region for hydrogen.

Yara Clean Ammonia and Cepsa have formed a strategic partnership to create the inaugural clean hydrogen maritime corridor connecting the ports of Algeciras and Rotterdam.