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ReNu Energy secures funding for green hydrogen ReNu Energy Limited has successfully obtained solid commitments to issue 45.5 million new…

China’s State Power Investment Corp (SPIC) has unveiled a groundbreaking investment plan of 42 billion yuan ($5.85 billion) in northeast China. The investment is earmarked for the production of fuel derived from hydrogen generated through wind power, marking a significant leap in the country’s renewable energy landscape.

Korean-based VINSSEN, renowned for its expertise in electric and hydrogen hybrid propulsion systems, has accomplished a successful trial and delivery of a hydrogen fuel cell system. The trial project, a collaboration with key industry players, marks a significant milestone in exploring the potential of hydrogen as a viable marine fuel.

In a setback for the global green hydrogen landscape, the world’s largest green hydrogen project, Sinopec’s 260MW Kuqa facility in Xinjiang, northwest China, is reportedly operating at less than a third of its installed capacity. This revelation comes as research from BloombergNEF (BNEF) sheds light on various issues, including missing safety features and lower-than-promised efficiencies.