United Hydrogen Limited (UHL) has announced that the valuation of its investee H2X has increased from $69.1m to $100m, resulting in an immediate uplift in valuation for UHL’s shareholders who invested in the pre-IPO capital raise. As one of the largest shareholders in H2X, UHL believes that it will deliver significant value in 2023 as H2X heads towards a listing on the London Stock Exchange.
Amp Energy, one of the largest hydrogen developers in Australia, has partnered with Iron Road Ltd. to develop green hydrogen at scale on the Cape Hardy Port Precinct in South Australia. The agreement will leverage Amp’s expertise in developing electrolyzer capacity and Iron Road’s Central Eyre Iron Project (CEIP), which has the country’s largest magnetite ore reserve.
Loop Energy and MYNT First Element have announced a strategic partnership to manufacture hydrogen-electric power generators.
China’s state-owned PetroChina recently announced a “technological breakthrough” in the transportation of hydrogen through gas pipelines over long distances.
Hyundai Motor Company has announced plans to produce clean hydrogen using biogas from sewage treatment plant waste, in an effort to reduce carbon and promote the hydrogen ecosystem.
Mytilineos SA, a global industrial and energy company, has acquired a 15% stake in CLARA Energy’s Rosedale Green Hydrogen project in Australia.
A team of researchers from Beijing University of Technology has published a paper in the journal Fuel that evaluates the effectiveness of four load control strategies for an ammonia-hydrogen dual fuel Miller cycle spark ignition engine in a hybrid system.
Fortescue Future Industries (FFI), the green energy arm of Andrew Forrest’s iron ore giant, is set to begin production of Australian-made hydrogen electrolysers this year at its newly constructed Gladstone facility in Queensland.
Linde has secured a long-term arrangement to deliver green hydrogen to Evonik, a leading specialty chemicals manufacturer.
In 1981, Kawasaki Heavy Industries made history by being the first company to manufacture a methane tanker. Now, over 40 years later, the Japanese conglomerate is once again breaking new ground with the launch of the Suiso Frontier, the world’s first large-scale hydrogen transport ship.
