Japan’s commitment to decarbonization is receiving a significant boost, with leading energy firm Iwatani Corp. aggressively expanding its hydrogen business.
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The Chilean government has taken a significant step towards the development of the green hydrogen industry by announcing a US$1 billion fund.
SVEVIND Energy Group, a German-Swedish company, has announced plans to invest a staggering $50 billion in the production of green hydrogen in Kazakhstan. The head of state unveiled this groundbreaking news at the recent Kazakh-German business forum.
The future of Africa’s green energy landscape received an electrifying jolt on Tuesday, as South Africa’s ambitious hydrogen energy plans secured a billion-dollar boost.
The Clean Energy Finance Corporation (CEFC) has made a significant investment in HydGene Renewables, a company that has developed an innovative green hydrogen solution by converting biomass into hydrogen using a renewable and carbon-negative process.
Abu Dhabi-based AL Fattan Holding Investment has announced a significant investment of $20 million in a green hydrogen and ammonia manufacturing business. The investment will be made in collaboration with LTechUVC, a Korean energy company, and aims to establish a 200 MW green hydrogen and ammonia production project in Abu Dhabi with a total project cost of $400 million.
A consortium led by South Korean steelmaker POSCO Group has secured a $6.7 billion deal to construct the world’s largest green hydrogen plant in Duqm, a port town in central eastern Oman.
In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and storage (CCS) technologies in 2024 and 2025.
Argentina’s aspirations in the green hydrogen sector have received a significant boost with the announcement that its renewable hydrogen industry is poised to benefit from a portion of the €10 billion ($10.9 billion) mega-fund allocated by the European Union (EU) to develop sustainable supply chains in Latin America and the Caribbean.
Italgas, a leading gas distribution company, has announced a 35 million euro investment to transform its historic headquarters in Corso Regina Margherita into an innovation hub.
