Rhein Energie, a prominent energy supplier, and Ineos, a major chemical company in Cologne, have inked a memorandum of understanding to bolster their collaboration in a bid to decarbonize the city’s industrial hub.
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POSCO, South Korea’s leading steelmaker, is embarking on a journey with its hydrogen reduction steel technology. After 50 years of growth, the company is gearing up for the next 50 years by committing to commercialize its HyREX technology by 2030 and transform its key steel plants in Pohang and Gwangyang entirely to this new steelmaking process by 2050.
In a groundbreaking collaboration, Japan’s energy major JERA and Yamanashi Prefecture have joined forces to spearhead the development of a regional hydrogen value chain. This strategic alliance aims to establish a robust, cost-effective system for the production and supply of carbon-free power and hydrogen-based fuel.
Porsche, the renowned luxury automaker, has taken a significant step in its commitment to environmental sustainability by entering into a partnership with H2 Green Steel (H2GS) to source carbon dioxide-reduced steel for its sportscars.
Namibia is on the cusp of an energy revolution, as the Environmental Investment Fund (EIF) embarks on a groundbreaking project that could reshape the nation’s energy landscape.
ArcelorMittal Tubarão and Portugal’s EDP have signed a Memorandum of Understanding (MOU) to explore the production and utilization of green hydrogen in Brazilian steelmaking. This collaboration aims to revolutionize the steel industry with low-carbon steel production.
OQ Gas Networks (OQGN), a recently listed gas transportation company in the Sultanate, has inked a Memorandum of Understanding (MoU) with Belgian-based energy infrastructure group Fluxys. The collaboration seeks to explore and develop hydrogen and carbon dioxide (CO2) infrastructure projects in Oman, marking a pivotal moment in the nation’s sustainable energy journey.
The Gulf nations are rapidly positioning themselves as key players in the global green hydrogen supply chain. Hydrogen, produced using renewable electricity, holds the promise of reducing greenhouse gas emissions and combatting climate change.
Modern Energy has pledged a substantial $20 million equity commitment to NovoHydrogen, a Colorado-based green hydrogen developer poised to revolutionize North America’s approach to clean energy.
The Australian Hydrogen Council (AHC) and the Japan-Australia Business Co-operation Committee (JABCC) have co-hosted the first Australia-Japan meeting on hydrogen and derivatives with the aim of accelerating and increasing investment in clean energy technologies and creating a clean and resilient energy future.