The battle against climate change is reaching a critical juncture. To limit global temperature increases to 1.5ºC by 2050, we need innovative solutions, and a recent report by Boston Consulting Group highlights the pivotal role of hydrogen and carbon capture and storage in this quest. However, it’s not just technology we need; it’s a massive financial investment of 13 billion euros.
Macquarie Asset Management has made a significant investment of up to $325 million in Atlas Agro Holding AG (Atlas Agro) and its affiliated projects through the Macquarie GIG Energy Transition Solutions (MGETS) fund.
The United States is making significant strides in its pursuit of a low-carbon hydrogen economy, with a recent report by consultancy Wood Mackenzie highlighting the importance of private investment in achieving the ambitious goals set by the Biden administration.
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.
MIT engineers are on the verge of a clean energy breakthrough that could revolutionize hydrogen production and help eliminate the dependence on fossil fuels.
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.
The Appalachian region in the United States is poised for a major transformation, thanks to a significant federal investment of nearly $1 billion from the taxpayer’s purse.
Texas A&M University scientists are exploring a more efficient path for green hydrogen production, tapping into the potential of electrocatalysts to revolutionize the hydrogen evolution reaction.
In a fierce national competition to secure a slice of $7 billion in grant funding to advance “green” hydrogen projects, the Pacific Northwest, represented by Oregon and Washington, emerged as one of the seven winners, each receiving roughly $1 billion in Regional Clean Hydrogen Hubs grant funding.
Battelle announced that following a highly competitive evaluation process, the Appalachian Regional Clean Hydrogen Hub (ARCH2) consortium was selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to enter the award negotiation phase to establish a clean hydrogen hub (H2Hub) in Appalachia.
