Unforeseeable costs and a lack of financing models cast a shadow over Germany’s hydrogen endeavors, according to a study by Advyce & Perlitz and PSvdL Consulting.
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Masdar and Emirates Steel Arkan are spearheading the decarbonization of the UAE’s steel sector with a pioneering green hydrogen project. Expected to be the first-of-its-kind in the Middle East and North African (MENA) region, the project is poised to revolutionize steel production, contributing significantly to global efforts in reducing carbon emissions.
Lhyfe, a global leader in renewable green hydrogen production, has secured a grant of up to €14 million from H2 Pioneros for the development of a green hydrogen plant in Spain.
Kazakhstan’s ambitious energy transition, outlined in collaboration with S&P Global, faces a complex landscape of uncertainties.
European investors, particularly from Germany and Denmark, are eyeing substantial investments in Gujarat’s green hydrogen sector.
PLAGEN, under the leadership of CEO John Kyung, has embarked on a transformative clean methanol production project in collaboration with Indonesia’s BFI. This venture not only signifies a significant step for PLAGEN but also holds the promise of shaping the green methanol market in Asia.
The REVIVE (Refuse Vehicle Innovation and Validation in Europe) project, backed by the Clean Hydrogen Partnership, and the HECTOR project, co-financed by Interreg Northwest Europe, started operations for two fuel cell refuse trucks in Groningen, the Netherlands.
H2SITE, a Spanish hydrogen transport solutions provider, has made a significant breakthrough in maritime decarbonization by successfully commissioning the world’s first on-board ammonia cracking system. This system generates high-purity hydrogen coupled with a PEM fuel cell, providing clean energy for the ship’s auxiliary consumptions.
Hitachi Energy, in collaboration with PowerCell Group, introduces the HyFlex™ Hydrogen Power Generator in Gothenburg, Sweden. This innovative solution is designed for locations where conventional power sources are impractical, offering an emission-free alternative with a range of applications.
As the world gears up for COP28, the upcoming UN climate summit, Friends of the Earth International (FOEI) issues a stark warning: “Hydrogen is big polluters’ latest trick, and we can’t afford to fall for it.” In a paper titled “Don’t Fall for the Hydrogen Hype,” FOEI challenges the perception of hydrogen as a clean alternative and calls for a just energy transition.
