BASF has started production of renewable ammonia at its flagship Ludwigshafen Verbund site in Germany, reinforcing the chemical giant’s transition toward low-carbon manufacturing.
China’s ascension in green hydrogen development presents a compelling case of strategy and resource allocation uniquely leveraged by its government and corporate structures.
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has launched a secondary listing in Hong Kong aiming to raise up to HK$31 billion (approximately $4 billion), with the potential to exceed $5 billion if demand prompts underwriters to exercise an over-allotment option.
India’s first hydrogen-powered mining truck has been deployed in Chhattisgarh, marking a strategic milestone in the country’s decarbonization of heavy logistics. Adani Enterprises, the flagship company of the Adani Group, introduced the vehicle over the weekend with state officials hailing the move as a new benchmark in sustainable industrial practices.
The European Union’s push to cement its global leadership in hydrogen technology has gained fresh momentum, as the Clean Hydrogen Partnership announced the allocation of €154.6 million in grants to 26 projects under its 2024 Call.
South Korea has taken a decisive step to anchor its shipbuilding industry in the emerging hydrogen economy, announcing the construction of what is set to become the world’s largest liquefied hydrogen carrier (LHC) by 2027.
With Spain targeting deep decarbonization of its industrial and transport sectors, Alkeymia’s €400 million green hydrogen and ammonia production plant in Caspe, Zaragoza, is set to become a major milestone in the country’s energy transition roadmap.
Plug Power and BASF have formalized a cooperation agreement that could sharpen the competitive edge of hydrogen liquefaction facilities. The partnership positions BASF’s DeOxo and Sorbead® Air technologies as key components within Plug Power’s hydrogen liquefaction plant portfolio.
