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EIB lends €40 million to PUNCH for hydrogen propulsion technologies in Italy and France
The PUNCH Group and the European Investment Bank (EIB) have agreed to a financing agreement worth €40 million to support the RDI activities of the business.
In order to jointly explore the potential development of green hydrogen projects in the Middle East region to produce hydrogen for Verbund to use as a renewable energy source to Central Europe with a primary focus on Austria, ACWA Power has finalized a partnership agreement with VERBUND, Austria’s leading electricity company.
Brazilian chemical manufacturer Unigel will be the first in the nation to create “green hydrogen” on an industrial scale with…
POSCO Group holds hydrogen value chain exhibition The POSCO Group unveiled its hydrogen value chain on January 16 during a…
According to Suhail Al Mazrouei, the UAE’s minister of infrastructure and energy, the country will revamp its energy policy in 2023.
The possibility of establishing a new hydrogen hub in Germany will be assessed by bp. The Wilhelmshaven-based project is anticipated to comprise an ammonia cracker that, starting in 2028, could produce up to 130,000 tons of low-carbon hydrogen annually from green ammonia.
In the midst of campaigns for energy transformation, international actors in the sector have referred to Africa as a potential net exporter of hydrogen energy, with the German government already encouraging Nigeria to advance in developing its hydrogen resources.
In March 2023, the largest green hydrogen-based synthetic gasoline facility in Latin America will begin commercial production in Chilean Patagonia, with future ambitions to export this clean fuel produced in Chile.
In order to power vehicles that bring items to convenience stores, Toyota Motor Corp. said that it will collaborate with a Thai company to manufacture hydrogen made from farm animal waste.
On the margins of Abu Dhabi Sustainability Week, the international platform for advancing sustainable development that Masdar is hosting, the agreements were signed by Rovshan Najaf, President of SOCAR, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.
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