Toyota Tsusho UK Ltd. (TTUK), in collaboration with Germany’s Uniper, Siemens Energy UK&I, and the United Kingdom’s Associated British Ports…
Browsing: REGIONAL
Octopus Hydrogen will design, build, and run hydrogen production projects at several Innova Renewables renewable generation sites as part of a cooperation between the energy business Innova Renewables and the development consultant firm Novus.
Yara International ASA, JERA Co., Inc, and Idemitsu Kosan have signed a Memorandum of Understanding to explore the establishment of…
Hyundai Glovis stated on the 4th that it will debut the ECOH brand of environmentally friendly energy solutions. ECOH is a combination of the words “Eco” and “Human,” which mean “environment” and “human,” respectively.
Through Phillips 66’s Switzerland-based COOP retail joint venture, the Emerging Energy division is already supervising a few hydrogen initiatives, including plans to study hydrogen as a fuel alternative for light-duty and heavy-duty cars.
All of these components, with the exception of petrochemicals and, most likely, other necessities, will be effectively replaced with hydrogen, according to advocates of the “new energy transition.”
Tesvolt announced the news today, estimating that the new deal will bring in EUR 40 million (USD 46.5 million) in income by 2023 for the Wittenberg-based firm. This is the company’s largest order to date, according to the company.
SKF will engage in and support research into the use of hydrogen in industrial processes and energy systems as part of the cooperation, accelerating the development of fossil-free bearing steel.
Investment is increasing in hydrogen projects to support the clean energy transition, but further efforts are needed to reduce costs and encourage wider use across sectors
He emphasized that a more precise figure will be determined by the global economy’s rate of decarbonization and the rise in hydrogen consumption.
