CGN Brasil, a Chinese multinational, has expressed its interest in investing resources to construct a green hydrogen plant in Bahia, Brazil.
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Denmark’s Topsoe A/S is set to invest $300 million in a US hydrogen electrolyzer factory, taking advantage of President Joe Biden’s wave of federal incentives that are luring European investment to the country.
A study by the Boston Consulting Group (BCG) revealed that global investments in the green hydrogen sector will range between $6tn and $12tn between 2025 and 2050.
Ford Pro, the commercial vehicle and services division of Ford, is testing hydrogen fuel cell technology on a small fleet of prototype E-Transit vans in the UK.
Brazil has a huge potential to develop a sustainable hydrogen industry that could boost its economy, contribute to reducing greenhouse gas emissions, and comply with global climate agreements.
Brazil and the Netherlands have signed an agreement for the transport of green hydrogen between the ports of Pecém and Rotterdam.
Clean hydrogen has been hailed as a critical fuel for the transition to a low-carbon economy, and Modern Hydrogen, a California-based startup, is one of the companies at the forefront of developing and commercializing this technology. The company recently raised $32.8 million in a Series B-2 financing round to accelerate the distributed decarbonization of gas into clean hydrogen.
Companhia Energética Integrada (CEI), a Brazilian company specializing in electricity generation and greenfield projects for solar and hydroelectric plants, has signed a Memorandum of Understanding (MoU) for the construction of photovoltaic and green hydrogen production plants in Porto Central.
Honeywell, a global leader in advanced technologies, has announced its new UOP eFining technology, which can produce low-carbon sustainable aviation fuel (SAF).
Ryanair, the low-cost European airline, has agreed to purchase 150 Boeing 737 Max 10 jets for $40 billion, with an option for 150 more.
