Browsing: Americas

Peru’s Minister of Energy and Mines, Rómulo Mucho, revealed that companies are considering investments exceeding $12.5 billion for green hydrogen initiatives.

Canada embarked on a bold hydrogen strategy four years ago, envisioning a share in a global market anticipated to be worth up to $11.7 trillion by 2050. This ambitious plan attracted billions in public funding aimed at positioning Canada as a key player in the hydrogen sector.

CWP Global, in collaboration with the Corner Brook Port Corporation, has embarked on an ambitious initiative known as Project Gwinya.

The recent announcement by EU Commissioner for Energy Kadri Simson and Argentina’s Secretary of Energy Eduardo Rodríguez Chirillo marks a significant step in advancing the EU-Argentina Memorandum of Understanding (MOU) on renewable energy and hydrogen.

Neoenergia is investing 30 million reais in a research and development project for a green hydrogen power plant in Brasília, set to be operational by 2025.

American Airlines’ recent announcement of a conditional purchase agreement for 100 hydrogen-electric engines from startup ZeroAvia has garnered significant attention.

Molten Industries, a cleantech startup founded in 2021, recently raised $25 million in a Series A funding round.

In a recent meeting, Alejandro Aguirre, the Minister of Energy for Tierra del Fuego, underscored the importance of collaborative efforts with Chilean officials in advancing the region’s green hydrogen agenda.

The company garnered significant attention for its partially hydrogen-powered flight out of Moses Lake in March last year, but it has burned through its $100 million in investor funding and failed to secure additional financing.

The Brazilian Senate recently approved a bill establishing the legal framework for low-carbon hydrogen production and fiscal and financial incentives for the sector (PL 2.308/2023).