In a dynamic shift towards sustainable energy, oil and gas majors have emerged as significant players in the low-carbon hydrogen market, commanding an 8% share globally. This paradigmatic transition reflects a strategic response to the escalating demand for cleaner energy alternatives. Let’s delve into the goals, technology, potential impact, and challenges surrounding this transformative trend.
Indonesia is set to embark on its most ambitious green hydrogen project yet, a venture valued at over $1 billion, propelled by the collaboration between Saudi Arabia’s energy giant ACWA Power, Indonesian utilities company PT Perusahaan Listrik Negara (PLN), and chemicals entity PT Pupuk Indonesia.
Sadhana Nitro Chem Ltd, a key player in the realm of intermediate specialty chemicals, has greenlit a rights issue of up to INR 49.95 crore (approximately $6 million).
Masdar has solidified its collaboration with Indonesia’s state-owned utility company, PLN. The partnership aims to propel the development of Southeast Asia’s largest floating solar power plant and venture into the promising realm of green hydrogen production.
SK E&S made waves at COP28 by signing a global memorandum of understanding for the construction of Korea’s largest low-carbon hydrogen plant.
Samsung C&T’s Construction Division is set to construct Korea’s inaugural green hydrogen production facility. This innovative project marks a significant stride in the nation’s commitment to clean energy, utilizing cutting-edge technology and harnessing the power of off-grid solar energy.
Researchers from the Gwangju Institute of Science and Technology in South Korea have unveiled a novel electrode design featuring a Schottky Junction. This innovation addresses the longstanding challenge of poor performance in electrochemical catalysts used for water splitting, particularly hindered by the low electrical conductance of (oxy)hydroxide species generated during the process.
Toyota has been making significant advancements in solid-state battery technology, aiming to revolutionize the electric vehicle (EV) landscape. However, recent insights from the company reveal a surprisingly conservative stance on the deployment of these promising batteries.
BHI (Bureau Veritas Korea) has inked a comprehensive business agreement (MOU) with Uljin-gun, marking a significant leap towards the establishment of the ‘Uljin Nuclear Hydrogen National Industrial Complex’.
The shift towards renewable energy sources has spurred innovative approaches to decarbonize industries, and one groundbreaking initiative is exploring the integration of renewable hydrogen into existing natural gas pipelines.
