Browsing: REGIONAL

German chemical giant BASF SE is poised to embark on a groundbreaking venture as it secures formal funding approval amounting to EUR 124.3 million (USD 136.2 million) for its envisaged green hydrogen plant at the Ludwigshafen headquarters.

The European Commission has marked a significant stride towards a sustainable energy future by designating crucial projects, including a hydrogen initiative in Sines and a maritime hydrogen pipeline, as projects of common interest.

Lhyfe, a trailblazer in green and renewable hydrogen production in Europe, is set to embark on a groundbreaking venture in Lubmin, Germany.

Antonio Brufau, the president of Spanish oil giant Repsol, declared on Thursday the company’s intention to shift planned hydrogen investments worth €1.5 billion away from Spain to Portugal and France.

U.S. Department of Energy (DOE) has announced its intention to invest up to $100 million over five years.

Samsung C&T’s Construction Division is set to construct Korea’s inaugural green hydrogen production facility. This innovative project marks a significant stride in the nation’s commitment to clean energy, utilizing cutting-edge technology and harnessing the power of off-grid solar energy.

Amid the global fervor for hydrogen as the fuel of the future, Germany finds itself at a crossroads as the federal government grapples with a budget crisis, leaving the fate of several hydrogen projects hanging in the balance.

Council of the European Union (EU) and the European Parliament have reached a provisional agreement outlining future rules governing hydrogen and natural gas markets.

Hyundai Motor Company and Bee’ah Group are set to embark on a pilot project to demonstrate the viability of hydrogen as a key player in the UAE’s transportation sector. The partnership encompasses a comprehensive trial, utilizing Hyundai’s XCIENT fuel cell truck, marking a significant stride in advancing sustainable and emission-free mobility in the region.

As the international community gathers for climate talks, a spotlight is cast on the intricate alliance between the European Union (EU), the European hydrogen lobby, and the host country of COP28, the United Arab Emirates (UAE).