Ørsted revealed that the EU-Catalyst Partnership, comprising the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank, is backing the FlagshipONE project.
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.
The European Commission has marked a significant stride towards a sustainable energy future by designating crucial projects, including a hydrogen initiative in Sines and a maritime hydrogen pipeline, as projects of common interest.
Rhein Energie, a prominent energy supplier, and Ineos, a major chemical company in Cologne, have inked a memorandum of understanding to bolster their collaboration in a bid to decarbonize the city’s industrial hub.
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.
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.
Yara Clean Ammonia, North Sea Container Line, and Yara International are spearheading an unprecedented venture—the creation of the world’s inaugural container ship fueled by clean ammonia.
