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The European Investment Bank (EIB) has agreed to lend Motor Oil €40 million over ten years as part of a cofinancing arrangement for the company’s new investment in creating a vast network of EV charging and hydrogen stations across Greece.

ExxonMobil, a US energy and petrochemical company, and Topsoe, a Danish company that specializes in carbon emission reduction technologies, have signed a contract under which Topsoe will deliver its hydrogen SynCOR technology to ExxonMobil’s planned low-carbon hydrogen production facility in Baytown, Texas.

Jörg Steinbach (SPD), Brandenburg’s Economics Minister, wants hydrogen pipelines built quickly to supply huge steel, glass, cement, and chemical factories with raw material and district heating plants with climate-friendly energy.

Wrightbus to build green hydrogen production plant in Ballymena In collaboration with the Oxford-based Hygen Energy, Wrightbus plans to construct…

The balance of power in the energy markets will also change as a result of future industrial production using less coal, oil, and gas. A study estimated that the investments will cost ten trillion dollars.

Green hydrogen is anticipated to be one of the main beneficiaries of this financial excess in the upcoming years due to the high oil prices that allowed traditional energy businesses to store huge quantities of capital that are now being absorbed into the cleantech industry.

Construction on the largest integrated green hydrogen generation project in the world, which will be used at a neighboring coal chemical plant, began on Thursday, according to the project’s owner China Petrochemical Corp.

Green hydrogen-producing electrolyzers are now the focus of Cummins.

The US Department of Energy (DOE) has given $7.4 million to seven projects to create infrastructure plans for hydrogen corridors and medium- and heavy-duty electric vehicle (EV) charging stations across 23 states.

A memorandum of agreement is signed between NanoSUN and H2 Hauler to provide hydrogen transport, storage, and dispensing for temporary site applications using NanoSUN’s cutting-edge hydrogen refueling technologies.