Brazil, a country renowned for its pioneering efforts in renewable energy, is set to achieve another groundbreaking milestone. It will become home to the world’s first plant dedicated to producing renewable hydrogen from ethanol.
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Hamburg-based Eternal Power is setting its sights on producing hydrogen in Chile for export to Germany and the broader European market. This audacious venture aligns with Chile’s ambitious goal of becoming a major exporter of green hydrogen, with the country’s Energy Ministry targeting a production cost of around $1.5 per kilogram.
Representative John B. Larson (CT-01) announced $8.3 million in new funding through the federal Hydrogen Shot Initiative to advance clean hydrogen research and development at East Hartford’s RTX Technology Research Center.
Peregrine Hydrogen recently announced the successful closure of an oversubscribed $7.8 million seed financing round, a testament to the growing interest in sustainable hydrogen production.
Great Wall Motors (GWM) is set to introduce hydrogen-powered trucks and flex hybrid passenger cars to the Brazilian market. This endeavor aligns with the global shift towards cleaner energy sources and represents a pivotal moment in Brazil’s automotive landscape.
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.
The U.S. Department of Energy (DOE) has taken a significant step towards a sustainable, clean energy future with the announcement of $47.7 million in funding for 16 cutting-edge research, development, and demonstration (RD&D) projects across 13 states.
ExxonMobil, one of the world’s largest energy conglomerates, is stirring up a contentious debate as it seeks substantial tax credits for hydrogen derived from natural gas, commonly known as “blue hydrogen.”
Bulgaria is stepping into the future of sustainable energy with a groundbreaking memorandum of understanding. “Bulgartransgaz” EAD, in collaboration with “Glavbolgarstroy Holding” AD, American companies Solar Turbines Inc. and Honeywell, and Italy’s Pietro Fiorentini, has embarked on an ambitious pilot project for the production and utilization of green hydrogen within the Chiren underground gas storage facility.
Hyundai Motor Group has joined forces with the prestigious Georgia Institute of Technology (Georgia Tech). This groundbreaking partnership, spanning multiple decades, is set to drive cutting-edge research and development initiatives in the realms of battery technology and the burgeoning hydrogen economy.