After being accused of “brazen fraud,” Gautam Adani’s companies, which are building some of India’s most ambitious renewable energy and hydrogen projects, had their stock market prices plummet.
According to Saudi Arabia’s energy minister, the country intends to spend more than $300 billion to produce greener electricity and extend its power grid. Prince Abdulaziz bin Salman stated during a forum hosted by Saudi Arabia’s largest oil company Aramco that the country was also aiming to become a global leader in the production of hydrogen.
In order to plan, build, and operate a hydrogen plant with an initial feed-in capacity of 100 MW that can be raised to 1 GW by 2030, a coalition with HH2E AG and HydrogenOne Capital Growth plc was formed. Noerr provided advice on the consortium’s structure to Foresight funds.
With the German company 2G Energy AG, Centrica Business Solutions has agreed to provide combined heat and power systems that are suitable for hydrogen across Europe.
The world’s largest provider of oilfield services, Baker Hughes, and Australia’s Fortescue Future Industries (FFI) have agreed to collaborate on the development of green hydrogen and geothermal energy.
The front-end engineering and design phase of ExxonMobil’s low-carbon hydrogen project in Baytown, Texas, has been contracted to Technip Energies (FEED).
At the 24th EU-Ukraine meeting in Kyiv, EU leaders will sign a “strategic cooperation for gases from renewable sources” to supply the EU with green hydrogen.
