SK E&S made waves at COP28 by signing a global memorandum of understanding for the construction of Korea’s largest low-carbon hydrogen plant.
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Toyota is set to establish the Hydrogen Factory Europe. This groundbreaking initiative aims to foster a coordinated approach to hydrogen production, supporting the increasing demand for fuel cell systems in the region.
Economic and Social Development Bank (BNDES) and the World Bank have inked a transformative memorandum of understanding during COP 28 in Dubai. This strategic alliance aims to propel financing mechanisms across the entire low-carbon hydrogen value chain.
Oman, the Netherlands, and key industry players have signed a Joint Study Agreement to explore the feasibility of a liquid hydrogen supply chain.
Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO) has announced the award of €150 million in funding to twelve pioneering projects under the H2 Pioneers Programme, marking a significant step forward in the country’s green hydrogen ambitions.
German chemical giant BASF SE is poised to embark on a groundbreaking venture as it secures formal funding approval amounting to EUR 124.3 million (USD 136.2 million) for its envisaged green hydrogen plant at the Ludwigshafen headquarters.
Lhyfe, a trailblazer in green and renewable hydrogen production in Europe, is set to embark on a groundbreaking venture in Lubmin, Germany.
Antonio Brufau, the president of Spanish oil giant Repsol, declared on Thursday the company’s intention to shift planned hydrogen investments worth €1.5 billion away from Spain to Portugal and France.
U.S. Department of Energy (DOE) has announced its intention to invest up to $100 million over five years.
Samsung C&T’s Construction Division is set to construct Korea’s inaugural green hydrogen production facility. This innovative project marks a significant stride in the nation’s commitment to clean energy, utilizing cutting-edge technology and harnessing the power of off-grid solar energy.
