Browsing: REGIONAL

New initiative is taking shape in the sunny Mediterranean island of Cyprus, as a consortium of 27 companies from countries including Greece, the Netherlands, Lebanon, and Romania embark on the establishment of Europe’s first-ever “Hydrogen Valley.” This ambitious project aims to revolutionize the region’s energy landscape, with a strong focus on green hydrogen production.

Hydrogen is not just another element; it’s a strategic opportunity for the United States to lead the global clean energy revolution. With the right incentives, hydrogen could position the U.S. as a net-zero industrial powerhouse, maintaining the economic momentum it gained from abundant natural gas production during the shale revolution.

MSC Group-owned luxury line, Explora Journeys, is making waves by embracing hydrogen fuel cell technology. As part of its ambitious commitment to achieve net-zero carbon emissions by 2050, the cruise line has announced its plan to launch two hydrogen-powered ships, Explora V and Explora VI, in 2027 and 2028, respectively.

Hamburg, a city steeped in industrial history, is poised to embark on a groundbreaking journey into the future of energy production. The disused Moorburg coal-fired power plant, which once symbolized the city’s reliance on fossil fuels, is set to be reborn as a hub for green hydrogen production. In a significant development, the project has found a new partner to replace two industrial giants who departed from the consortium.