Following the recently reported favorable EU Innovation Fund grant decision of EUR 88 million for Neste’s clean hydrogen project at the Porvoo refinery in Finland, Neste has completed the grant agreement procedure with CINEA and the European Commission.
According to a bourse announcement on Tadawul, the signing of the Limited Notice to Proceed (LNTP) agreement refers to the engineering, procurement, and construction (EPC) contract for the manufacturing of green ammonia.
The parent business Corporation’s share in DMI is likely to drop from 100 percent to around 86.96 percent. In the end, DMI will be valued at around 210 million dollars, assuming a 100 percent share.
In a press statement, the Calgary-based firm stated that it still plans to achieve net-zero emissions by 2050, but that it will make faster progress by focusing on hydrogen and renewable fuels.
Australia’s richest man spent an hour at the White House with Vice President Joe Biden in a working discussion with the commander-in-chief and senior officials to discuss his ongoing strategy to sell green energy to the United States.
It would also invest additional 200 billion yen (1.476 billion euros) to strengthen the company’s “technological pillars,” such as hydrogen energy and CPS (cyber-ph
New York is pleased to lead the way in creating ambitious collaborations to address the existential threat of climate change.
The Indonesian government estimates that Southeast Asia’s largest economy will need investments of up to $25.2 billion to develop green hydrogen from 2031 to 2060. Significantly, state-backed Pertamina is looking to invest some $11 billion to help accelerate the clean energy transition, including hydrogen developments, over the next five years.
Companies in the marine industry that construct and operate hydrogen fuel cells must do a thorough assessment of the hazards associated with this technology, according to NR 547.
The Blue House expressed its optimism that the Moon Jae-in government’s “hydrogen vision” will be continued in the future administration.
