Indonesia is taking significant steps to foster its green hydrogen industry, with the Ministry of Energy and Mineral Resources (ESDM) drafting regulations to provide incentives and tax relief for developers.
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Hyundai Motor Company has announced plans to transform its Jeonju plant into a hub exclusively for the production of hydrogen buses and trucks.
The Australian government’s plan to invest $15 billion in the local green hydrogen sector marks a significant step towards transitioning to cleaner energy sources.
The automotive industry’s quest for carbon neutrality has led to various innovations, including hydrogen-powered vehicles. Toyota Motor Corporation, with AISIN’s technological support, has made headlines with its liquid hydrogen-fueled race car.
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is moving towards establishing a regulatory framework to incentivize the development of green hydrogen.
The latest innovation from Primetals Technologies Austria GmbH highlights advancements in hydrogen application with the development of a direct reduction plant.
ACWA Power and Sinopec Guangzhou Engineering signed a memorandum of understanding (MOU) to collaborate on green hydrogen and green ammonia projects.
The past two years have seen a significant increase in investment announcements for hydrogen electrolyzers, particularly led by China. According to a report by the Washington-based Energy Research Unit, global investment in electrolyzers used to produce green hydrogen is projected to rise by 140% to $5 billion in 2024.
New Zealand-based Fabrum, recognized globally for its zero-emission transition technologies, is set to supply Toyota with its proprietary liquid hydrogen storage technology.
As Hong Kong announces its new Strategy for Hydrogen Development, Legislative Council members urge proactive planning despite the current immaturity of hydrogen production technology.
