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Saudi Arabia’s NEOM Green Hydrogen Co. has chosen Larsen & Toubro of India to develop solar and wind facilities to supply power to the city’s $6.4 billion green hydrogen-based ammonia facility.

The notification seeks to finance projects in the production, storage, conditioning, distribution, innovation, research, and industrial and energy end uses of green or blue hydrogen in Colombia. 58 applications were submitted.

Kogas, aims to start importing green hydrogen in 2027 and plans to invest in zero-emissions fuel in countries like Australia and the Middle East.

The NEA would contribute Rs. 50 million for green hydrogen expertise, project design, and educational program operation.

The essential difficulty in creating this green hydrogen project in Ecuador is always developing the required legislation and standards

According to research published in the journal Nature by the German Fraunhofer Institute, the window of opportunity for this technology, both in automobiles and trucks, has long since closed

It expects to invest 6.6 trillion won in overall project expenditures from next year to 2030, including 6.25 trillion won in private investment, 230 billion won in national expenses, and 20 billion won in local expenses.

Daily output of 100 kg of hydrogen

Early in 2023, the first automobiles built under the cooperation will be available.

The firm said it is looking into suitable locations in the United States and Europe, with a focus on diversifying its portfolio to include sustainable solutions that contribute to the UN’s Sustainable Development Goals.