Browsing: Europe

Volkswagen is holding its cards close to its chest as several automakers investigate hydrogen as an alternative fuel to power cars in a cleaner world.

Allianz Capital Partners (ACP), a subsidiary of Allianz Global Investors and Allianz insurance companies (Allianz), a German-based investor in renewable energy and infrastructure, has announced that it has entered into an agreement to acquire a minority stake in Nordic Ren-Gas Oy, a Finnish project developer for green hydrogen and power-to-gas (PtG) projects (Ren-Gas).

According to France Hydrogen, the industry’s most ambitious scenario for the growth of decarbonated hydrogen production capacity in France should be followed, with more than 250 projects identified and 225 vehicle charging stations by 2025.

The Minister Delegate for Industry, Roland Lescure, along with Bruno Le Maire, Minister of the Economy, Finance, and Industrial and…

Spanish Prime Minister Pedro Sanchez stated on Friday that an underwater pipeline to transport green hydrogen between Spain and France will cost approximately 2.5 billion euros ($2.6 billion), adding that he hoped the European Union will partially fund the project.

In Galicia, Repsol, Naturgy, and Reganosa will work together to build a renewable hydrogen manufacturing facility.

Toyota and BMW are among the major Japanese and German manufacturers that are entering the hydrogen-powered vehicle industry, which is currently dominated by Hyundai Motor Co.

According to Prime Minister Antonio Costa, Portugal aims to accelerate the investments in green hydrogen projects that are necessary to decarbonize the economy and will stop requiring environmental evaluations for them in March 2023.

The Undersea hydrogen pipeline between Barcelona and Marseille will cost roughly 2 billion euros.

In the future years, VVD and D66 want the Netherlands to manufacture a lot more hydrogen than the existing plan. The 2030 production goal will quadruple if the coalition parties have their way. For sustainability and to achieve energy independence, it is essential.