China’s State Power Investment Corp (SPIC) has unveiled a groundbreaking investment plan of 42 billion yuan ($5.85 billion) in northeast China. The investment is earmarked for the production of fuel derived from hydrogen generated through wind power, marking a significant leap in the country’s renewable energy landscape.
In a setback for the global green hydrogen landscape, the world’s largest green hydrogen project, Sinopec’s 260MW Kuqa facility in Xinjiang, northwest China, is reportedly operating at less than a third of its installed capacity. This revelation comes as research from BloombergNEF (BNEF) sheds light on various issues, including missing safety features and lower-than-promised efficiencies.
During the recent visit of the Belgian Royal Couple to Germany, three energy giants – Fluxys, OGE, and Wintershall Dea – inked cooperation agreement, ushering in a new era of cross-border collaboration in the realm of clean energy.
In a monumental stride towards reshaping the energy landscape in the Horn of Africa, CWP Global, a prominent renewable energy developer, and the Government of the Republic of Djibouti have inked a historic joint declaration.
Emirates Steel Arkan (ESA), Ohmium International, and Khalifa University of Science and Technology have inked a Strategic Collaboration on Hydrogen Research and Development, solidifying the UAE’s commitment to advancing green steel production.
Masdar has set its sights on the burgeoning green hydrogen market, signing a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources.
Indonesia is set to embark on its most ambitious green hydrogen project yet, a venture valued at over $1 billion, propelled by the collaboration between Saudi Arabia’s energy giant ACWA Power, Indonesian utilities company PT Perusahaan Listrik Negara (PLN), and chemicals entity PT Pupuk Indonesia.
Danish renewable energy developer Floating Power Plant has secured a €26 million grant from the European Commission’s Innovation Fund for its Seaworthy project.
