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.
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.
According to German Chancellor Olaf Scholz, Germany will construct new gas-fired power plants that will run on hydrogen as the largest economy in Europe tries to expand its environmentally friendly energy sources.
The government of Ceará and the industrial automation giant ABB have signed a memorandum of understanding for the establishment of a center for the generation of green hydrogen in the state.
