According to a report published on Tuesday, the bourse is also speeding up the listing of natural gas futures and options, citing the exchange’s chief executive, Wang Fenghai. The exchange, on the other hand, did not offer a debut date for the contracts.
Doosan Fuel Cell will build four 440 kilowatt hydrogen fuel cells in Nanhai District, Foshan City, in China’s southern Guangdong province, at a total cost of $13 million.
To stimulate demand, the Indian government wants to require the use of green hydrogen in applications such as oil refining and fertilizer manufacturing. Currently, India lacks a green hydrogen ecosystem.
According to the Ministry of Trade, Industry, and Energy, the funding will also be utilized to investigate ways to adapt hydrogen fuel cells used in Hyundai Motor Co.’s Nexo SUVs and use them in trams.
Indonesia, Vietnam, Australia, Malaysia, the Philippines, Mongolia, and Myanmar are among the licensed nations.
Through the provision of technical assistance, the two organizations have committed to share knowledge and collaborate to establish collaborative initiatives.
The most visible use will most likely be the 2022 Beijing Winter Olympics, when fuel cell cars will compete with passenger transportation in a bid similar to the Tokyo 2020 ambitions.
Kia plans to convert its entire fleet of military vehicles to FCEVs over time, Beginning with the smallest and lightest command vehicles and progressing to heavier trucks and weapon-equipped vehicles.
SK has inked an agreement with the country’s ministry of oceans and fisheries, which sees ports as the optimum location for developing a hydrogen complex station, converting port mobility and vessels to hydrogen fuel, and establishing a blue hydrogen production base. Natural gas and collection and storage technology are used to create blue hydrogen.
The two companies inked a deal to promote a stable hydrogen industry, which includes green hydrogen manufacturing and hydrogen power generating.
