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An estimated 80 million euros will be invested in the plant, which is expected to begin producing the first systems in early 2024.

Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz stressed the need of bolstering oil market stability.

The key to Russia’s competitiveness in the global hydrogen market, he said at the International Hydrogen Conference (IH2CON), is the development of technologies and collaboration, notably in partnership with partner nations.

The decommissioned plane will serve as the Hydrogen Aviation Lab, where future hydrogen aircraft’s ground and maintenance procedures will be tested.

French Lhyfe and Norwegian Hexagon Purus have formed a commercial partnership for the delivery of green and renewable hydrogen in Europe.

Fortescue Future Industries has made an investment in Zhero, a green hydrogen and renewable energy producer.

Stellantis CEO Carlos Tavares announced a mass production of Peugeot, Citroen, and Opel light commercial cars in a hydrogen-powered variant with a fuel cell during his visit to the Hordain factory in the northern Hauts-de-France region.

The Svevind Group from Dresden and the government of Kazakhstan have reached an investment agreement for one of the biggest green hydrogen manufacturing projects ever.

Kazakhstan intends to begin manufacturing green hydrogen as part of a $50 billion initiative that will assist Europe in reducing its dependency on fossil fuels.

Today’s energy crisis is delivering a shock of unprecedented breadth and complexity.