Browsing: Asia

In a move that underscores its commitment to clean energy and international cooperation, Saudi Arabia has approved a memorandum of understanding (MoU) with China in the field of clean hydrogen energy. The announcement was made following a cabinet meeting chaired by King Salman bin Abdulaziz.

BMW Korea has recently launched its new hydrogen-powered SUV, the iX5 Hydrogen, which is based on the fifth-generation eDrive technology.

India wants to be the cheapest hydrogen producer in the world, so it has extended a waiver of transmission fees for renewable power to hydrogen production facilities that are commissioned before January 2031, a government official said.

PTT Group, Thailand’s state-owned oil and gas company, has pledged to invest $7 billion in green hydrogen production in partnership with Saudi Arabia’s leading renewable energy company, ACWA Power.

The Republic of Korea and the United Kingdom have agreed to expand their cooperation and exchanges in the fields of clean energy, including offshore wind and hydrogen, as well as nuclear power generation.

The government has added two fuel cell technologies to the list of national core technologies while designating the hydrogen industry as one.

A top government official said India will give green hydrogen fuel manufacturers at least 10% of their costs under a $2 billion scheme starting in June.

According to Electricity and Renewable Energy Minister R K Singh, India opposes expanding the concept of “green hydrogen” to include fuel derived from low-carbon energy sources as several Western nations have suggested during G20 meetings.

To build a green hydrogen power plant in Pudimadaka near Visakhapatnam, the NTPC Simhadri has signed an MoU. The industrial and hydrogen areas would be the two key domains of the project.

China’s National Energy Administration Administrator, Zhang Jinhua, recently paid a visit to Namibian President Hage Geingob to establish cooperation in the production of green hydrogen. Namibia hopes to become a leading producer of green hydrogen to attract investment from global renewable energy leader China.