Shell, one of the world’s largest energy companies, is set to cut 200 jobs as part of its cost-saving strategy, a move that signals a significant downsizing in its hydrogen division. This decision, announced by Chief Executive Wael Sawan, aims to reduce costs by up to $3 billion (£2.5 billion) across the company by the end of 2025.
As the world races towards a sustainable and greener energy future, a senior State Department official has sounded a clear warning: emerging U.S. businesses in the energy transition supply chain, including those in the realms of hydrogen and wind power, must act swiftly to prevent China from dominating these vital sectors. The message is clear – America’s leadership in the global energy transition is at stake.
Wales & West Utilities, a prominent energy utility company, has secured funding from Ofgem’s Strategic Innovation Fund, and they are embarking on a groundbreaking project to develop green hydrogen electrolyser prototypes. This innovative venture holds the potential to transform how we think about hydrogen production and could significantly contribute to a more sustainable and green energy future.
In a move that underscores Brazil’s determination to be a key player in the global green energy arena, the Ceara state government has signed a Memorandum of Understanding (MoU) with GoVerde Energia and Apollo Asset.
Hyphen Hydrogen Energy (Hyphen) has joined forces with the Development Bank of Southern Africa (DBSA) to secure essential funding for the project’s advancement.
NextHeat, an engineering company specializing in hydrogen combustion and process heat, has teamed up with Stargate Hydrogen, a manufacturer of innovative alkaline electrolyser stacks for green hydrogen production.
Hydrogen fuel cells, long considered a beacon of sustainable energy, have taken a significant step forward, thanks to pioneering research by the Ulsan National Institute of Science and Technology (UNIST).
Kallista Energy has inked a deal to supply wind-generated electricity to Lhyfe, a pioneering player in the green and renewable hydrogen production sector.
In the quest to green Europe’s energy supply and accelerate the transition to cleaner energy sources, the European Union’s “Projects of Common Interest” (PCI) draft list has sparked controversy. Environmental campaigners have criticized the list, claiming it serves as a “wish list” for oil and gas companies rather than advancing true sustainability.
The transition to a net-zero carbon future is an aspiration shared by many nations worldwide, driven by the pressing need to combat climate change.
