Browsing: REGIONAL

Green Hydrogen H2 News

JCB, the UK-based construction equipment giant, is set to revolutionize the Indian market with plans to manufacture hydrogen-powered engines in its Haryana factory. This ambitious move follows the successful debut of the 448 ABH2 hydrogen-powered engine earlier this year, aligning with JCB’s commitment to creating zero-carbon solutions in construction and agriculture.

Green Hydrogen H2 News

Brazil is set to receive a $100 million investment to support the development of a green hydrogen hub. This pioneering initiative, led by the Ministry of Development and Foreign Trade of Brazil, in collaboration with the World Bank, aims to harness the potential of green hydrogen production, signaling a monumental shift towards clean and renewable energy sources.

Green Hydrogen H2 News

H2 Green Steel has successfully raised over €1 billion, marking the largest private placement in Europe this year. This substantial funding injection is earmarked for a gigawatt (GW)–scale electrolyzer project in Sweden, propelling the vision of sustainable steel production into reality.

Green Hydrogen H2 News

Korea Institute of Machinery and Materials, in collaboration with Hyundai Motor Company and Kia, has unveiled a groundbreaking achievement—the development of a hydrogen internal combustion engine tailored for passenger cars. This innovation marks a crucial leap forward in the pursuit of cleaner transportation solutions.

Green Hydrogen H2 News

The Renewable Grid Initiative (RGI), a consortium of 13 European grid operators, has released a report that questions the efficiency of Europe’s plan to produce 10 million tons of green hydrogen annually by 2030. While this ambitious goal aligns with the EU’s energy plan REPowerEU, which also includes importing an additional 10 million tons of green hydrogen, concerns are arising regarding the optimal use of renewable energy in achieving this target.