Browsing: Projects and Deals

A 450 million euro ($490.7 million) subsidy for ArcelorMittal’s MT.LU circular hydrogen project has been authorised by Spain.

Adams Fork Energy, CNX Resources, and other partners revealed that a multibillion-dollar clean ammonia production project is progressing in Mingo County, West Virginia, with anticipated construction starting in 2024.

The Giunta region of Emilia-Romagna has granted 19.5 million euros to the joint Hera and Snam project for the building of a green hydrogen production pole in the town of Modena as part of the National Recovery and Resilience Plan (PNRR).

Within the framework of the Strategic Project for Recovery and Economic Recovery of Renewable Energies, Renewable Hydrogen, and Storage, the Ministry for the Ecological Transition and the Demographic Challenge has decided to grant a definitive concession of 53,736,270 euros to support ten cutting-edge initiatives in Andalusia that create value chains in renewable hydrogen (Perte ERHA).

To achieve a decarbonized society, the Japanese government announced that it will aim to increase the nation’s yearly hydrogen supply from 2 million tonnes to 12 million tonnes in 2040.

Cummins Inc. will invest more than $1 billion to upgrade engine factories in three states and purchase equipment for producing hydrogen in Minnesota.

The HyEkoTank initiative was started by an alliance of eight businesses to combine expertise in hydrogen, fuel cells, and the maritime sector.

The European Commission has given approval for a €450 million Italian scheme to support the production of renewable hydrogen. The aim of the scheme is to promote the transition towards a net-zero economy in accordance with the Green Deal Industrial Plan.

Alparslan Bayraktar, the Turkish Deputy Energy Minister, recently attended the ninth Berlin Energy Transition Dialogue, where he announced Turkey’s detailed plan to reduce its CO2 emissions by 2053.

The project for testing hydrogen-powered regional rail transportation has received approval from the Ministry of Infrastructure and Transport. It includes money from the PNRR totalling 37.4 million euros for this hydrail project.