Browsing: REGIONAL

In a recent turn of events, Plug Power witnessed a 5.6% dip in Wednesday’s trading following Morgan Stanley’s decision to downgrade its rating to Underweight from Equal Weight.

European Union has formally designated the second southern hydrogen corridor, linking Algeria to Germany via Tunisia, Italy, and Austria, as a “Project of Common Interest.” This classification not only expedites its implementation but also opens avenues for financial support.

India’s Union Minister for New & Renewable Energy and Power, R.K. Singh, has unveiled the National Green Hydrogen Mission, signaling a revolutionary transformation in the country’s energy landscape.

In a move poised to shape the future of the U.S. hydrogen industry, energy advisor John Podesta announced that the country would release crucial guidance on securing hydrogen subsidies embedded in last year’s Inflation Reduction Act (IRA).

During the recent visit of the Belgian Royal Couple to Germany, three energy giants – Fluxys, OGE, and Wintershall Dea – inked cooperation agreement, ushering in a new era of cross-border collaboration in the realm of clean energy.

Abu Dhabi Department of Energy, the Abu Dhabi Investment Office (ADIO), and Masdar have joined forces to propel Abu Dhabi and the UAE into a leadership role in the production and export of low-carbon hydrogen.

In a dynamic shift towards sustainable energy, oil and gas majors have emerged as significant players in the low-carbon hydrogen market, commanding an 8% share globally. This paradigmatic transition reflects a strategic response to the escalating demand for cleaner energy alternatives. Let’s delve into the goals, technology, potential impact, and challenges surrounding this transformative trend.

Shell and Stork have solidified their collaboration through an agreement for the Holland Hydrogen 1 Project.

In a monumental stride towards reshaping the energy landscape in the Horn of Africa, CWP Global, a prominent renewable energy developer, and the Government of the Republic of Djibouti have inked a historic joint declaration.

Formula One (F1), the International Automobile Federation (FIA), and the newly rebranded Extreme H series have announced the establishment of a joint hydrogen working group. This strategic move aims to explore and evaluate the potential integration of hydrogen technology into the realm of motorsport, marking a pivotal moment in the evolution of racing technology.