Korean automaker Hyundai has entered into a memorandum of understanding (MOU) with KD Transportation and SK E&S to provide 1,000 hydrogen buses by 2027.
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Beyond Aero has marked a significant milestone by conducting France’s inaugural manned flight powered entirely by hydrogen-electric technology in February 2024.
Horizon Fuel Cell Group, a pioneering force in the hydrogen sector, has unveiled a technology in Anion Exchange Membranes (AEM), marking a significant leap toward achieving the coveted $1/kg green hydrogen production cost at scale.
Egypt has signed seven Memorandums of Understanding (MoUs), worth around $40 billion, with international developers for the development of green hydrogen and renewable energy.
North West Hydrogen Alliance (NWHA) has unveiled a comprehensive study indicating that the demand for low carbon hydrogen in North West England could drive up to 2GW of hydrogen production by 2030.
UK Government has announced substantial funding for seven hydrogen fuel projects across the nation, totaling £21 million. This initiative underscores the government’s commitment to advancing domestic hydrogen production and embracing clean energy solutions as part of its net zero agenda.
The surge in federal subsidies and investments aimed at advancing hydrogen fuel production in the United States is encountering growing scrutiny as concerns mount over its actual environmental impact.
The United States Treasury’s proposed hourly matching rules for green hydrogen production, aimed at qualifying for the top rate of the $3/kg production tax credit (PTC), have sparked debates regarding their potential impact on the cost, efficiency, and carbon intensity of hydrogen production in the country.
Austria is set to embark on a significant journey towards sustainable energy backed by a substantial €400 million subsidy package facilitated by the European Hydrogen Bank (EHB).
NextChem, a subsidiary of MAIRE Group, makes significant strides in electrochemistry with the acquisition of HyDEP and Dragoni Group, bolstering its capabilities in innovative electrolysis technology development.
