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European Commission President Ursula von der Leyen has announced joint projects between Korea and the European Union (EU) in the fields of renewable energy, energy efficiency, and the hydrogen economy.

Schroders Greencoat and Carlton Power have announced the establishment of a joint venture company, Green Hydrogen Energy Company Ltd (GHECO), with the goal of accelerating the development of green hydrogen projects in the UK.

Mercedes-Benz has unveiled the eCitaro REX, a hydrogen-powered fuel cell bus that combines the benefits of battery-electric and fuel cell technology.

Plug Power Inc. has announced three projects that will utilize industrial-scale green hydrogen in glass manufacturing, aluminum recycling, and steel manufacturing processes.

Romanian oil and gas company OMV Petrom has secured financing of up to EUR 39 million under the National Recovery and Resilience Plan for the construction of a hydrogen production capacity at its Petrobrazi refinery.

The U.S. Department of Energy (DOE) has made a significant commitment to advancing clean hydrogen technologies and grid resilience with a funding announcement of nearly $42 million.

In a significant step towards the decarbonization of industrial consumption in Europe, Ignis, a renewable energy company, has unveiled plans to establish a plant for processing and storing green hydrogen and ammonia derived from renewable sources.

International green hydrogen and ammonia project development company, ATOME, has made an exciting announcement regarding its partnership with Baker Hughes.

NEOM Green Hydrogen Company (NGHC) has achieved a major milestone by securing financial close on the world’s largest green hydrogen production facility.

Sovereign funds and government entities in the Gulf states and Egypt are collaborating with international energy firms, pouring billions of dollars into the development of green hydrogen plants.