Australia’s Fortescue Metals Group posted its smallest full-year profit in six years, reporting an attributable net profit after tax of A$3.37 billion for the year ended June 30, down from A$5.68 billion a year earlier and largely in line with analyst expectations of A$3.43 billion.
India’s ambition to capture 10% of the global green hydrogen market by 2030 rests on a staggering projection: US$92 billion in planned investments, five million tones of annual production, and the potential to cut 50 million tones of carbon emissions per year.
Chile is positioning itself as a global leader in green hydrogen, with more than 70 projects under development and investment projections of $45 billion by 2030 and $330 billion by 2050, according to the Ministry of Energy’s 2022 report Green Hydrogen, a Country Project.
Dubai Electricity and Water Authority (DEWA) has confirmed that its Green Hydrogen Project, launched in 2021 in partnership with Expo 2020 Dubai and Siemens Energy, has produced just over 100 tonnes of green hydrogen in four years.
Singapore will see its first hydrogen-compatible cogeneration plant come online in the first half of 2026, but investors warn that the broader economics of green hydrogen remain under strain.
Spain’s Fundación Ciudad de la Energía (CIUDEN) has completed operational testing of a sodium-sulfur (NaS) battery storage facility designed to integrate with green hydrogen production.
