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French Bank Lazard has stated that the US Inflation Reduction Act (IRA) tax credits could make atom-powered electrolyzers more competitive than green hydrogen production.

The global shift towards renewable energy sources and decarbonization has led to increased interest in green hydrogen production.

German electric truck maker Quantron and Norwegian hydrogen supplier Westgass Hydrogen have signed a strategic cooperation agreement to fuel hydrogen trucks across the Nordic countries.

Dutch Deputy Prime Minister and Minister of Foreign Affairs Wopke Hoekstra met with Saudi ministers of foreign affairs and energy to discuss cooperation between the two countries in various areas.

KBR has been awarded an engineering and design services contract by The Chemours Company to help expand capacity and advance technology for its Nafion ion exchange materials platform. The contract is part of Chemours’ $200 million investment to expand the Nafion membranes and dispersions technology platform to support the growing hydrogen economy.

Germany is moving closer to achieving its target of developing a green hydrogen market by the end of the decade, according to E.ON, one of the country’s largest utilities.

Portuguese oil company Galp is investing in advanced biofuels and green hydrogen as part of its decarbonization efforts. The company has opened two public consultations for the GalpH2Park (green hydrogen) and HVO (biofuels) projects in Sines, with a total investment of 486 million euros. The goal of these projects is to achieve a 50% reduction in carbon dioxide emissions from the Sines refinery by 2030.

Hexagon Purus has opened new engineering and manufacturing facility for battery and hydrogen storage systems in Kelowna, Canada.

Linde has secured a long-term arrangement to deliver green hydrogen to Evonik, a leading specialty chemicals manufacturer.

DNV, the independent energy expert and assurance provider, announced the opening of its new technology centre at the Zernike campus in Groningen, Netherlands.