According to the Ministry of Trade, Industry, and Energy, the funding will also be utilized to investigate ways to adapt hydrogen fuel cells used in Hyundai Motor Co.’s Nexo SUVs and use them in trams.
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Indonesia, Vietnam, Australia, Malaysia, the Philippines, Mongolia, and Myanmar are among the licensed nations.
The most plentiful chemical element on the planet, hydrogen has great promise as a sustainable energy source.
Green hydrogen, according to Sasol, may be a viable alternative to coal and assist South Africa in meeting its international climate commitments.
The green hydrogen generation barge is designed to aid in the decarbonization of the marine sector.
BMW is the most enthusiastic supporter of hydrogen among Germany’s automakers, with plans to launch a mass-market vehicle by 2030.
More than £1 billion will be spent in the next phase of the transition to net zero, according to today’s statement.
According to a first interim report to be accepted this Wednesday by the Federal Cabinet, the strategy has been actively pursued, and major foundations for industrial investments and research projects have been laid.
Within the Lansdown Eco-Industrial Precinct in Townsville, northern Queensland, renewables developer Edify Energy has been granted development approval to build and operate a green hydrogen production plant with a capacity of up to 1 GW, as well as a behind-the-meter solar and battery storage facility.
This method of obtaining hydrogen can also be utilized to store any excess green electricity generated.
