The European Investment Bank (EIB) and Hydrogène de France (HDF Energy), a manufacturer of fuel cells and hydrogen power plants, have formalized their collaboration to build a green hydrogen power plant in Swakopmund, Namibia.
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The new 100MW plant will be the first significant commercial green hydrogen production facility in Norway.
Germany has gathered the richest industrial nations to hasten the process.
Korea – The declaration was made in response to criticism that the country’s usage of fuel cells, which are thought to be one of the cleanest energy sources, has only been used in cars and power plants.
The technology company Wärtsilä, in partnership with WEC Energy Group, EPRI, and Burns & McDonnell, has completed testing of hydrogen-blend fuel.
As part of the collaboration on hydrogen production, the parties will work together to encourage new investment into the green hydrogen sector in NSW and other States in Australia.
Three funds that support the economy and lower carbon emissions provide the funding for Air Products’ project.
HESTA, an Australian superannuation fund, has agreed to invest up to $100 million in three green hydrogen projects held by Countrywide Hydrogen subsidiary ReNu Energy.
Abdessalam Ould Mohamed Salah, Mauritania’s Minister of Mines and Energy, and Bernard Looney, the CEO of BP, both signed the memorandum.
The project calls for the startup of 100 megawatts (MW) of electrolyzers, with the potential to grow to 500 MW if the market permits for Abono green hydrogen plant.
