Browsing: REGIONAL

The journey towards a more sustainable and environmentally conscious steel industry is gaining momentum thanks to a groundbreaking development by HYBRIT, a collaborative venture involving Swedish companies SSAB, LKAB, and Vattenfall.

The Grundy Economic Development Council announced that the Midwest Alliance for Clean Hydrogen (MachH2), with its plan for a landmark investment in clean hydrogen production, has been selected as the Midwest Clean Hydrogen Hub.

The Ministry of Energy and Mineral Resources in Jordan has inked a crucial memorandum of understanding (MoU) with the Jordan Green Ammonia Company. This groundbreaking agreement paves the way for in-depth feasibility studies focusing on green hydrogen projects within the nation.

The Eastern, Northern, and Western Cape provinces of South Africa have joined forces to propel the nation into the global spotlight as a major producer of green hydrogen and its derivative products.

The cost of producing green hydrogen is a significant barrier, with a price tag of up to $8 per kilogram, roughly six times the cost of liquefied natural gas in Asia. To make green hydrogen more accessible, there’s a need to reduce production costs significantly.

TECO 2030 is leading the charge towards emission-free shipping with its groundbreaking hydrogen fuel cell technology. The Norwegian-based company is not only propelling ships but also heavyweight applications towards a greener future. Their innovation has the potential to transform the maritime and heavy-duty industries, making eco-friendly transport a reality.

Stadler and the state of California have inked a transformative contract. The agreement solidifies Stadler’s commitment to building four cutting-edge hydrogen-powered trainsets for California, with an option for an additional 25 trains—a deal that holds the potential to reshape rail travel in the state.

President Joe Biden and Energy Secretary Jennifer Granholm recently made an announcement that is poised to transform America’s energy landscape. They revealed plans to allocate a staggering $7 billion in award money to establish seven regional hydrogen hubs across the nation.

South Korean steelmaker Posco and French renewable energy giant Engie are joining forces to explore the feasibility of a massive renewable hydrogen project in Western Australia. This project could provide the essential fuel for a green iron venture planned in the Pilbara region.

These incentives encompass substantial tax breaks, ranging from 33 percent to 55 percent of due taxes, aimed at stimulating green hydrogen production. Additionally, the government is encouraging the local production of electric vehicles to further enhance the country’s eco-friendly initiatives.