Toyota has agreed to contribute £11.3 million to the development of a new line of pickup trucks fuelled by hydrogen.
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In the context of altered gas flows, this second pipeline between Desteldonk and Opwijk will at first improve the security of supply for Belgium and surrounding nations.
A $45 million investment commitment from GHS Investments of Jericho, New York, has been accepted by SunHydrogen, the creator of a ground-breaking method to manufacture sustainable hydrogen using sunshine and water.
The Free State of Saxony will co-finance three further projects in Saxony as part of the collaborative European project “IPCEI Hydrogen.”
New projects, agreements, and technology for producing and storing green hydrogen have been disclosed by numerous businesses and laboratories in Germany, Canada, the United States, Indonesia, and Thailand.
According to data tracked by the specialized energy platform, India’s green hydrogen plan is essential to attaining its aim of becoming carbon neutral and a developed nation by 2047.
UK government declared in August that it hoped the UK would become a global leader in the hydrogen industry, leading to the creation of “tens of thousands of jobs” and “billions of pounds of investment” via export potential.
Vice Chairperson and CEO of ACWA Power Paddy Padmanathan predicts that by 2026, the company will invest up to $10 billion in Egypt.
The country intends to spend an additional 508 million euros on hydrogen investments in the upcoming year in order to mitigate the energy problem for the people and invest in long-term independence from gas imports.
Over the next three years, it is intended to produce 900 MW of storage-enabled renewable energy across Spain and Portugal.