Energy investments in 2024 marked a milestone with global investments exceeding $2 trillion for the first time, indicating a paradigm shift in the commitment towards a low-carbon future.
Browsing: hydrogen
A recent five-year Power Purchase Agreement (PPA) between Fortum and P2X Solutions underscores the growing momentum behind hydrogen technology.
The Electricity Authority of Cyprus has announced a new tender titled “033/2025 EPC Contract for Utility Scale Battery Energy Storage System (BESS)” with a publication date of January 30, 2025.
The rise of hydrogen as a pivotal component in the global decarbonization initiative invites both promising prospects and substantial challenges.
Hydrogen Vehicle Systems (HVS), a Glasgow-based innovator in hydrogen-powered commercial vehicles, has secured its first international investment from Qatar’s Excelledia Ventures Group.
Europe’s hydrogen industry entered 2024 with optimism, dubbing it the “year for action.” Yet, despite notable achievements—such as major projects reaching final investment decisions (FIDs), EU policy updates, and significant funding announcements—progress has been slower than anticipated.
Spain’s Prime Minister Pedro Sánchez announced that the government will soon launch a €1.3 billion direct subsidy scheme for hydrogen hubs, alongside €400 million in funding for green hydrogen projects that missed out on EU-wide auction subsidies.
Essar Group has made a major step into the green hydrogen sphere. The company plans to invest INR 30,000 crore in a new Green Hydrogen Plant located in Jamnagar, Gujarat, over the next four years.
Moeve CEO Maarten Wetslaar confirmed that the company will begin construction of its 2GW green hydrogen hub in Andalusia “in a matter of months.”
Toyota Motor Europe has formed a strategic partnership with Hydrogen Refueling Solutions (HRS) and ENGIE to accelerate the expansion of hydrogen refueling infrastructure across Europe.
