HyTerra received a significant investment from Fortescue Future Industries Technologies, a subsidiary of Fortescue. The A$21.9 million investment will secure Fortescue a 39.8% stake in HyTerra, pending shareholder approval.
The Department of Energy (DOE) revealed that nine corporations—comprising six international and three local firms—are contending for petroleum and hydrogen exploration blocks.
The BGSA consortium, spearheaded by distribution network Cadent, has secured funding from regulator Ofgem’s Strategic Innovation Fund to explore the underground hydrogen storage potential in the East Midlands. This grant aims to facilitate a geological study of depleted oil reservoirs in the region.
H3 Dynamics, a company focusing on hydrogen technology, has been chosen by the EU-backed Clean Aviation Initiative to supply hydrogen fuel cells for a developmental aircraft project.
Advait Infratech Limited has garnered significant attention today as it was awarded a substantial contract to initiate manufacturing capacities for 200 MW of alkaline electrolysers in India.
AM Green has made a significant advancement in renewable energy, officially deciding to move forward with a colossal 1.3GW hydrogen-to-ammonia project in India.
To make hydrogen a practical alternative fuel for vehicles, its cost must be comparable to petrol. Additionally, it has to be green—produced using renewable energy sources like solar or wind power.
In a recent interview with Omid Ardakani, a research scientist at Natural Resources Canada, a spotlight was cast on Canada’s vast and untapped potential for natural hydrogen.
