The development is the result of a memorandum of understanding signed today with the Spanish government, which will see a €1 billion investment in the construction of a green hydrogen direct reduction iron (DRI) facility and a new hybrid electric arc furnace at its Gijón factory (EAF).
Lotte Chemical Co., a large petrochemical corporation in South Korea, plans to invest 4.4 trillion won ($3.8 billion) in the hydrogen business by 2030 in order to reduce carbon emissions and develop the new growth driver.
Since their partnership began in July 2019, Petroliam Nasional Bhd (Petronas) and Universiti Kebangsaan Malaysia (UKM) have produced positive results in the field of hydrogen energy.
Sumitomo Corporation and Tokyo Gas have agreed to perform a collaborative hydrogen utilization demonstration experiment at the Tokyo Gas Yokohama Techno Station.
By 2022, Ballard expects to have delivered all of the modules. The buses will be deployed in Faridabad, the largest city in the Delhi-based National Capital Region.
The strategic partnership will involve the application of Hyundai Motor Company’s fuel cell system technology in the manufacturing of ships, according to the MoU signed between the three parties.
It is the first of its kind hydrogen fueling station to serve this international event, and it was built, owned, and operated by Air Products.
Hyundai Motor and Kia will also oversee the test performance of the new stack with a pilot test planned for next year.
It is part of a 200,000-square-meter International Hydrogen Energy Demonstration Zone in Beijing, which includes a public exhibition hall that will open on July 8, 2021.
Muroran port in northern Japan is aiming to begin green hydrogen imports in the 2030s, probably from northern Europe via the Arctic shipping route, as a first step toward realizing its ambition to become a hydrogen hub in the country.
