Browsing: Americas

Energy transition news from North and South America: hydrogen hubs, storage, nuclear and clean energy policy.

Brazil is setting its sights on becoming a major player in the low-emission hydrogen sector, with Thymos Energia estimating that the country needs to invest a substantial $28 billion in hydrogen projects by 2030. This ambitious endeavor aims to produce 20 million tons of hydrogen per year, a goal that could potentially increase to 38 million tons per year, considering projects in various stages of development.

Charbone Hydrogen Corporation has taken a momentous step. The company, which is fast emerging as a key player in hydrogen production, has executed a “Design and Build” construction agreement with one of Quebec’s largest construction giants, EBC. This strategic agreement, dated October 13, 2023, is poised to revolutionize the hydrogen landscape.

Port of Long Beach has announced a substantial financial boost of up to $300 million to facilitate the development of a hydrogen fuel hub. This funding is part of the up to $1.2 billion allocation granted to California by the U.S. Department of Energy, marking one of the largest investments in the Department’s history.