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HTEC will use the funds to develop new green hydrogen production projects and extend its hydrogen fueling station portfolio, which will serve both light-duty and heavy-duty vehicles. HTEC presently operates or is developing 17 hydrogen fueling stations in Canada and the United States.

The collaboration’s purpose is to prove hydrogen’s viability and performance as an economically viable alternative to existing fuels for long-distance rail and marine vessels.

As part of industry-wide efforts to minimize carbon emissions and grab a rising share of the burgeoning energy market, the business leaders created the Korean version of the Hydrogen Council — a global coalition of CEOs committed to speeding the energy transition with hydrogen.

To explore potential in the region, the company inked a memorandum of understanding (MoU) with Net Zero Carbon Solutions, a consultancy located in the United States and Latin America.

Korean auto, chemical, and steel businesses have announced hydrogen business road maps to stimulate demand and develop new growth drivers as part of the global energy transformation.

Hydrogen passenger train made its premiere on French rails, with the country’s transport minister hailing it as the future of green public transportation.

Five initiatives deemed to be of common interest to the European Union were endorsed by a joint ministerial resolution.

The partners propose to investigate the feasibility and potential of integrating an offshore wind turbine directly with an electrolyser and transferring renewable hydrogen to shore through the EU-funded Oyster project.

According to Argus Media, GNL Quintero, the operator of Chile’s Quintero LNG terminal, has inked preliminary off-take agreements with various clients with its Spanish partners Enagas and Acciona Energa.

Plastic Omnium, which creates gasoline tanks for regular cars, is pushing out into sectors like hydrogen, which can also be used to generate electricity through fuel cells.