The Walloon government has just approved the implementation of two projects of common European interest (IPCEI) on hydrogen, namely the John Cockerill Hydrogen project and the Columbus project, for which Engie and Carmeuse have combined their powers. A budget of over 88 million euros and the hiring of 250 FTEs are projected.
The Greenko firm, which is constructing the largest pumped hydro storage facility in the world—1,680 MW—near Kurnool, Andhra Pradesh, for “upwards of a billion dollars,” aims to construct three other such facilities over the course of the following three years.
A German project to increase the use of clean energy for home heating is on track to heat certain homes in the southwest of the nation with 30% “green” energy blended with natural gas in the coming weeks, according to the project’s sponsor.
This proposed project will benefit from ENOC’s market expertise and customer reach as well as DEWA’s current green hydrogen production facility in the Mohammed bin Rashid Al Maktoum Solar Park.
The most environmentally friendly cracker in Europe is now under development, and INEOS Olefins Belgium has just revealed that it has raised €3.5 billion to finance it.
In addition to being crucial for attaining climate targets, a successful and quick ramp-up of hydrogen is also necessary for a stable and diverse energy supply.
More than 100 German companies have teamed up and aim to invest more than 10 billion euros.
Enapter announces a 25 million euro funding volume. Through its Patrimonium Middle Market Debt Fund, the investor Patrimonium Asset Management has subscribed to an Enapter bearer bond in the appropriate amount.
The final approval needed to proceed with construction of its carbon-neutral green hydrogen generation facility has been granted to SGH2 Energy Global Corporation.
The Flexibility for Hydrogen project, often known as “FLEX4H2,” has officially begun. The Clean Hydrogen Partnership and the Swiss Federal Department of Economic Affairs, Education and Research, State Secretariat for Education (SERI), Research and Innovation are both contributing funding to the project, which is being headed by Ansaldo Energia.
