Green hydrogen is anticipated to be one of the main beneficiaries of this financial excess in the upcoming years due to the high oil prices that allowed traditional energy businesses to store huge quantities of capital that are now being absorbed into the cleantech industry.
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Green hydrogen-producing electrolyzers are now the focus of Cummins.
The US Department of Energy (DOE) has given $7.4 million to seven projects to create infrastructure plans for hydrogen corridors and medium- and heavy-duty electric vehicle (EV) charging stations across 23 states.
Alstom has formally joined the multi-state, New York-led collaboration for the Northeast to become one of at least four local hydrogen centres for renewable energy.
Two Texas companies applied together for two hydrogen hubs anchored to Gulf of Mexico commercial possibilities.
The Commercial Vehicle Demonstrations Project was introduced in Edmonton under the direction of the Alberta Motor Transport Association (AMTA).
The Scripps Institution of Oceanography at the University of California, San Diego has ordered a hydrogen-powered research vessel that will be constructed to ABS Class standards.
Governor Kathy Hochul said that Vermont has joined a multi-state agreement to draft a proposal to become one of up to 10 federal Regional Clean Hydrogen Hubs under the bipartisan Infrastructure Investment and Jobs Act.
One of the main export partners of a European hub for green energy is considered to be Nova Scotia.
The Los Angeles City Council unanimously approved the conversion of a natural gas power plant to a new hydrogen system, despite concerns from opponents that the new system might not produce enough power and might even worsen the environment.