United Hydrogen Limited (UHL) has announced that the valuation of its investee H2X has increased from $69.1m to $100m, resulting in an immediate uplift in valuation for UHL’s shareholders who invested in the pre-IPO capital raise. As one of the largest shareholders in H2X, UHL believes that it will deliver significant value in 2023 as H2X heads towards a listing on the London Stock Exchange.
The Ministry of Environment, Climate Protection and Energy Sector in Baden-Württemberg, Germany is launching a new hydrogen demand analysis in partnership with relevant stakeholders.
Researchers at the Indian Institute of Technology (IIT) Guwahati have developed a unique catalyst that can produce hydrogen gas from wood alcohol, without any carbon dioxide emissions. The development is expected to pave the way for the growth of the hydrogen-methanol economy, enabling a sustainable and eco-friendly source of energy generation.
Amp Energy, one of the largest hydrogen developers in Australia, has partnered with Iron Road Ltd. to develop green hydrogen at scale on the Cape Hardy Port Precinct in South Australia. The agreement will leverage Amp’s expertise in developing electrolyzer capacity and Iron Road’s Central Eyre Iron Project (CEIP), which has the country’s largest magnetite ore reserve.
UK energy developer Carlton Power is partnering with mining companies Imerys and Sibelco to supply hydrogen from its Langage Green Hydrogen project.
Black Hills Energy (BHE), a utility company that serves over 1.2 million customers in eight states, has announced that it will be working with Babcock & Wilcox (B&W) on a feasibility study for a proposed project that aims to produce clean hydrogen from coal and capture carbon dioxide (CO2) emissions at BHE’s Neil Simpson Power Plant in Gillette, Wyoming. The project will utilize B&W’s BrightLoop™ hydrogen generation technology, a chemical looping technology that can use a variety of fuels to produce clean energy with complete CO2 capture.
Loop Energy and MYNT First Element have announced a strategic partnership to manufacture hydrogen-electric power generators.
South Korean natural gas power unit, SK E&S Co., has announced a joint venture with U.S. hydrogen company, Plug Power, to build a hydrogen gigafactory and research centre in South Korea.
NTPC, India’s largest power producer, has recently announced its plan to build a green hydrogen hub in coastal Andhra Pradesh with a budget of more than ₹1 lakh crore.
Europe’s dominance of the global hydrogen industry appears to be slipping due to the rapid increase in planned hydrogen projects in North America, according to a report by Aurora Energy Research.
