Taiwanese Evergreen has partnered with Copenhagen Infrastructure Partners (CIP) to explore the production and utilization of hydrogen-based marine fuels. This collaboration signals a significant step towards a greener maritime industry.
Horizon Fuel Cell is venturing into the electrolyzer market with a new Singapore-based subsidiary. This move highlights the company’s commitment to addressing the growing demand for green hydrogen production, a key element in the global transition towards a low-carbon future.
The prestigious classification society, ClassNK, has granted Approval in Principle (AiP) for a pioneering parcel layout concept of a hydrogen-fueled multi-purpose vessel.
Saudi-based ACWA Power, a global leader in water desalination and renewable energy, has inked seven cooperation agreements with prominent Chinese firms. These deals span a range of projects including solar power, green hydrogen, and water desalination, marking a significant milestone in collaborative sustainable development.
India is embarking on an ambitious journey towards a sustainable energy future, and at the forefront of this endeavor is the National Green Hydrogen Mission. With a clear focus on green hydrogen production and research and development, this initiative seeks to allocate substantial resources to accelerate the country’s transition to clean and renewable energy sources. As of now, over ₹1,906 crore has been allocated for various projects and schemes, indicating the government’s strong commitment to this mission.
Avaada Group has forged a Memorandum of Understanding (MoU) with the state-run Rural Electrification Corporation (REC) to establish a green hydrogen and green ammonia hub in Gopalpur, Odisha. This partnership is set to catalyze a significant transformation in the state’s green energy landscape.
The cost of producing green hydrogen is a significant barrier, with a price tag of up to $8 per kilogram, roughly six times the cost of liquefied natural gas in Asia. To make green hydrogen more accessible, there’s a need to reduce production costs significantly.
In a pioneering move, Sterlite Technologies Ltd (STL), a renowned optical and digital solutions company, has joined hands with Hygenco, a homegrown green hydrogen solutions provider. This collaboration, announced through an official exchange filing, has set the stage for a significant transformation in India’s optical industry.
India is taking significant steps toward its green transition, with the ambitious goal of achieving net-zero emissions by 2070. To accelerate this transformation, the country is exploring alternative solutions, including reducing reliance on imported hydrogen by producing it domestically from carbon-emitting methane.
