BayoTech is an energy solutions company dedicated to meeting the global demand for a reliable, cost-effective, and low-carbon hydrogen supply.
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New Zealand is seen as a prime early market for hydrogen heavy vehicle fleet adoption due to the nature of heavy transportation in the country and the abundance of renewable energy sources such as hydro, geothermal, and wind.
The former proposes to build a facility to extract hydrogen from the Protos site, which has been approved.
The collaboration will look into the technical and commercial feasibility of working together on future low-carbon project initiatives in the region, as part of the UK government’s ten-point plan for a green industrial revolution.
Ambitions, hydrogen pledges, plans, and pilots from recent years have now evolved into concrete commitments, investments, and full-scale projects, according to this.
The Victorian government has allocated $14 million to the construction of a battery factory and a regional hydrogen hub on university campuses throughout the state.
Long reliant on coal to make electricity, Australia is increasingly looking to renewable sources like wind and solar. But generating reliable, renewable power demands shoring up the grid when the breeze won’t blow and the sun won’t shine — and natural gas power is an efficient dispatchable power that can backstop these sources, and help immediately reduce emissions from coal-fired power.
Hydrogen is the latest alternative fuel to have its potential for the maritime industry explored by ABS in its industry-leading series of detailed sustainability whitepapers.
Hyundai Engineering has signed an MOU with six partners on the development of green hydrogen production technologies. The partners include POSCO, the North Gyeongsang Province government, the Uljin County Office, the Pohang Research Institute of Industrial Science & Technology (RIST), and the Korea Atomic Energy Research Institute.
The global clean hydrogen market is expected to reach USD 2098.44 million in revenue by2026, expanding at a CAGR of around 14.01 percent over the forecast period.
