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- NEOM’s Green Hydrogen Plant Reaches Commissioning, But Its Anchor Buyer Is Retreating From Hydrogen Everywhere Else
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Nikola Corp. and Voltera have announced a partnership to create up to 50 HYLA-branded hydrogen fueling stations across North America over the next five years. This collaboration aims to develop an open network of commercial hydrogen refuelling stations that will support the deployment of zero-emission fuel cell electric trucks.
Amp Energy, one of the largest hydrogen developers in Australia, has partnered with Iron Road Ltd. to develop green hydrogen at scale on the Cape Hardy Port Precinct in South Australia. The agreement will leverage Amp’s expertise in developing electrolyzer capacity and Iron Road’s Central Eyre Iron Project (CEIP), which has the country’s largest magnetite ore reserve.
UK energy developer Carlton Power is partnering with mining companies Imerys and Sibelco to supply hydrogen from its Langage Green Hydrogen project.
Loop Energy and MYNT First Element have announced a strategic partnership to manufacture hydrogen-electric power generators.
South Korean natural gas power unit, SK E&S Co., has announced a joint venture with U.S. hydrogen company, Plug Power, to build a hydrogen gigafactory and research centre in South Korea.
NTPC, India’s largest power producer, has recently announced its plan to build a green hydrogen hub in coastal Andhra Pradesh with a budget of more than ₹1 lakh crore.
Greek energy companies Motor Oil and PPC have announced a joint venture called Hellenic Hydrogen, which aims to develop alternative fuel technologies, specifically green hydrogen. The project is expected to receive up to €130 million in investment, with funding already requested from the Innovation Fund. The venture will produce “green” hydrogen and is also exploring other forms of funding for smaller projects in the hydrogen valleys sector.
The Dutch government has unveiled the Climate Fund project for 2024, which includes €28.1 billion for climate spending in the country by 2030. Of this total, €7.5 billion will be allocated to developing the green hydrogen industry, including €300 million for importing the energy source. This could benefit green hydrogen projects in the Port of Pecém, Ceará, Brazil, where the Dutch port of Rotterdam has a 30% stake.
Atlas Agro Fertilizantes, a Brazilian fertilizer company, announced plans to invest $850 million in the construction of a green hydrogen plant in Uberaba, Brazil. The plant, which will be the first of its kind in the country, will produce 500,000 tons per year of nitrogen fertilizers using green hydrogen.
Hydrogen is becoming increasingly important as a resource in the global push towards climate neutrality. In Austria, Chancellor Karl Nehammer has called it a vital element in the country’s transition away from fossil fuels. At a recent hydrogen summit, Nehammer emphasized the need for a climate-neutral industry and highlighted the role of hydrogen in achieving this goal.
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