Browsing: Pacific

The Japanese government has given its approval to a plan that will see an investment of 15 trillion yen ($107 billion) in public and private funds over the next 15 years to accelerate the production and supply of low-emission hydrogen.

In a recent ‘Fortune 500 Open Innovation Roundtable,’ the Korea International Trade Association (KITA) and the Korea Development Bank (KDB) engaged in discussions with prominent companies including BP, Ford, and HP to explore innovation in the fields of hydrogen and nuclear power.

Bell Bay Powerfuels, a partnership between Abel Energy and Iberdrola Australia, has announced plans to redevelop the decommissioned Bell Bay Power Station in northern Tasmania into a large-scale, renewables-based hydrogen and green methanol facility.

Hydrogen energy has emerged as a promising solution for the global energy transformation and sustainable development. In a recent statement, Ouyang Minggao, an academician of the Chinese Academy of Sciences, projected that hydrogen energy could potentially become a 10 trillion yuan industry in the future.

The Rockliff Liberal Government of Tasmania has expressed its enthusiasm for a groundbreaking proposal to repurpose the decommissioned Bell Bay Power Station into a state-of-the-art green methanol and hydrogen plant.

Toyota’s hydrogen-powered GR Corolla recently made its endurance racing debut in the ENEOS Super Taikyu Series 2023, completing a challenging 24-hour race in Japan.

BOC, a Linde company has unveiled plans to accelerate the design and development of a Hydrogen Technology Hub in the Illawarra region of Australia.

In a bid to accelerate the development and production of fuel cells and hydrogen-related products, Japanese automaker Toyota Motor has announced the establishment of a separate company called Hydrogen Factory. This new entity, set to be formed on July 1st, will centralize the management and advancement of Toyota’s hydrogen business area.

Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd., and Toyota Motor Corporation have signed a Memorandum of Understanding (MoU) to accelerate the development of advanced technologies and merge MFTBC and Hino.

SunGreenH2, a cutting-edge clean energy technology company, has established its research and development (R&D) and manufacturing operations in Clayton, Victoria, creating over 30 high-skilled jobs.