The Boston Consulting Group estimates that $13 trillion in private sector investment is required in hydrogen and carbon capture, storage, and utilisation technologies in order to achieve carbon neutrality by the year 2050. (CCUS).
Five Solaris Urbino 12 hydrogen buses have been ordered by Hamburger Hochbahn. Hamburg will see the introduction of these zero-emission automobiles as early as the second quarter of 2024.
A budget of 30 million euros is set aside by the federal government to finance 6 hydrogen projects across the nation. Out of the 36 submissions, the government chose 6 to begin a hydrogen industry.
Porsche will test the first 2,600 litres of electric petrol produced as part of the historic Haru Oni project in southern Chile as it travels 16,800 kilometres to eastern England.
The southern Baltic Sea offshore energy hub Neptunus is currently being developed by OX2. The energy hub will generate both electricity and hydrogen, with a total installed capacity of an estimated 1.9 GW.
Germany and Denmark have decided to work together to accelerate the construction of green hydrogen transmission infrastructure starting in 2028 between western Denmark and northern Germany.
Spanish aviation engine maker ITP Aero is heading a national consortium to test and produce the first domestic hydrogen-powered commercial aircraft engine.
Fusion Fuel, a Portuguese startup, has secured new funding from the Recovery and Resilience Plan (PRR) under component C-5 – Capitalization and Business Innovation for the construction of a decentralised green hydrogen production facility in Elvas with a 1 MW electrolysis capacity.
