Electricity demand from data centers is projected to more than double between 2025 and 2030, according to the International Energy Agency. Microsoft’s commitment to become carbon negative by 2030 was initially framed as a benchmark for corporate climate leadership.
Hyundai Engineering & Construction’s development of the South Korea’s first flat-bottom liquid hydrogen storage tank signals a shift toward rethinking storage design as a lever for scaling the hydrogen economy.
Government-backed hydrogen subsidies are increasingly being structured around production-linked mechanisms rather than upfront capital grants, reflecting a shift in how policy frameworks attempt to de-risk large-scale electrolytic hydrogen projects.
Sunfire has launched HyLink® Alkaline 23, a new outdoor pressurized alkaline electrolyzer system. The 50-megawatt electrolyzer module is designed for the implementation of triple‑digit megawatt projects and reduces total installed costs (TIC) on the customer side by up to 50 percent.
India’s energy storage market is expanding rapidly alongside renewable capacity additions, but supply chain dependence on imported battery components continues to shape policy risk. A proposed Approved List of Battery Manufacturers framework signals a shift toward tighter control over vendor eligibility in government-backed projects, aligning industrial policy with energy security objectives.
A new agreement between thyssenkrupp Uhde and KÖKSAN to develop a low-emission PET plant in Yumurtalık reflects a broader shift toward integrating decarbonization into core production processes rather than treating it as an add-on.
Stegra has secured €1.4 billion in new funding to advance its hydrogen-based steel plant in northern Sweden, underscoring both investor confidence and the scale of financial commitment required to bring low-carbon steel technologies to market.
Vietnam’s rapid expansion of renewable energy capacity has outpaced the development of grid flexibility, increasing the urgency for large-scale storage solutions to stabilize supply and demand. The inauguration of a new battery energy storage manufacturing facility by GG Power in Hung Yen province reflects a strategic shift toward domestic production of storage technologies to support this transition.
A new partnership between The Energy and Resources Institute and UNMAI Carbon Solutions aims to address persistent challenges in data integrity, verification standards, and financial transparency within global carbon markets through the development of coordinated digital infrastructure and policy frameworks.
