Browsing: Asia

India’s strategic advantages and favorable investment opportunities position it as a potential global green hydrogen hub, according to a report by USAID.

Hanwha Group, a South Korean conglomerate, has made headlines by selling its complete stake in Nikola, a U.S. hydrogen truck company.

According to Debasish Purohit, co-head of investment banking for Bank of America in India, the Indian green energy sector is poised to attract investments of up to $800 billion over the next decade.

China has made significant progress in hydrogen production technology with a successful test of its direct seawater electrolysis method.

Ohmium, a prominent green hydrogen electrolyser manufacturer based in the United States, has announced a groundbreaking partnership with NTPC, India’s largest power utility company.

Hyundai Motor Group has reached a significant milestone in its global hydrogen strategy with the commencement of full-scale production at its hydrogen fuel cell system plant in Guangzhou, according to the South Korean Ministry of Trade, Industry, and Energy. This marks a key step for Hyundai as it expands its presence in the hydrogen market.

Hyundai Rotem, a subsidiary of Hyundai Motor Group specializing in railway, defense, and plant systems, is gearing up for the commercial launch of South Korea’s first hydrogen-powered electric tram.

South Korea’s Ministry of Trade, Industry and Energy is taking proactive measures to revitalize the hydrogen industry by establishing the ‘Hydrogen Industry Regulatory Innovation Public-Private Consultative Council.’

HD Korea Shipbuilding & Offshore Engineering (KSOE) has announced its partnership with 14 European institutions, including the American Bureau of Shipping (ABS) and Dresden University of Technology, to initiate the joint development of large liquefied hydrogen cargo tanks.

China’s CGN Brazil Energy (CGNBE) has taken a significant step towards establishing a wind and solar power generation complex in the backlands of Bahia, Brazil. The company signed a memorandum of understanding with Quinto Energy to develop a massive 14 GW capacity facility that aims to produce green hydrogen on a large scale.