Browsing: Americas

Uruguay stands at the cusp of a significant opportunity in the international green hydrogen market, according to a recent report by the Energy and Sustainable Development Observatory of the Catholic University of Uruguay.

The U.S. Department of Energy (DOE) recently allocated $1.93 billion in Qualifying Advanced Energy Project Credits (48C) to 35 projects across 20 states. Among them, seven hydrogen-related initiatives stand out, receiving over $300 million in total.

Japan, the United States, and Canada have unveiled ambitious national hydrogen strategies, signaling a significant shift towards decarbonization.

Electric Hydrogen’s recent announcement of securing a $100 million credit facility from prominent financial institutions like HSBC, J.P. Morgan, Stifel Bank, and Hercules Capital marks a milestone in their journey towards decarbonizing critical industries.

Hazer Group, in collaboration with FortisBC Energy, is set to revolutionize the hydrogen landscape with the development of a production facility in Canada.

The Peruvian government’s collaboration with Phelan Green Energy from South Africa has initiated the construction of a green hydrogen production facility in Arequipa.

Chile is taking bold steps towards a sustainable energy future with President Daniel Boric’s introduction of the Green Hydrogen Action Plan.

Brazilian state-owned energy giant Petrobras has announced a substantial investment of $3.9 million (BRL 20 million) into a study on natural hydrogen.

Despite concerns over US green hydrogen subsidy rules, Fortescue has embarked on its first hydrogen production project in Buckeye, Arizona, acquired from Nikola.

Feadship, renowned for its luxury superyachts, has embarked on a groundbreaking journey with the launch of Project 821 – the world’s first superyacht equipped with hydrogen fuel cells.