Browsing: REGIONAL

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.

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.

Canada is stepping into the limelight as a potential global leader in clean hydrogen production, and Hydrogen Optimized Inc. (HOI) is at the forefront of this transformative journey. Based in Owen Sound, HOI is harnessing cutting-edge Canadian technology known as RuggedCell™ to produce clean hydrogen, a critical step towards achieving net-zero emissions.