In the UK, ERM said it has supported the HYTLANTIC Joint Venture in the preparation of its successful application to the European Union’s Innovation Fund. HYTLANTIC’s GreenH2Atlantic project has been awarded $63.5 million by the Innovation Fund, which is designed to support low-carbon technologies and projects that contribute to the decarbonization of European industry and […]
In Luxembourg, the European Investment Bank (EIB) said it signed a $25.6 million facility with Dutch company Resato Hydrogen Technology to finance research and development, and to expand its production capacity for the period leading up to 2027. The venture debt financing supports the expansion of hydrogen refueling station developer Resato’s production capacity in Assen, […]
In the Netherlands, Offshore Energy reported that Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent to jointly explore opportunities for building a hydrogen network in Åland. The aim of this cooperation is to map, study, and plan a possible future hydrogen network, including the locations […]
In Norway, Nel ASA and its subsidiaries have initiated a process to adjust capacity to market demand by reducing the workforce and temporarily halting production at the Alkaline production facility in Herøya, Norway. The firm explained that the market for renewable hydrogen production technology has been slower than expected for the industry in general. Order […]
In Vietnam, Vietnam News reported that PetroVietnam Gas Corporation (PV GAS) plans to launch a pilot project for small-scale green hydrogen production and supply to serve industrial and transportation sectors in the southeast region of Vietnam. The initiative aligns with the country’s national energy development strategy and hydrogen strategy for 2030, with a vision toward […]
In Argentina, Mobility Plaza reported that Vissers Energy Group and its consortium partners have been awarded the Hydrogen in Mobility (SWIM) subsidy, valued at nearly $5.12 million. Part of the funding will be used to establish a large-scale hydrogen refueling station in Venlo, while another part will go toward the purchase of hydrogen-powered vehicles for […]
In the UK, Business Airport International reported that Jet Aviation has signed an agreement with World Fuel Services to provide SAF at its site in Basel, Switzerland. The report noted that Basel is the 12th Jet Aviation facility worldwide to offer on-site SAF. Effective immediately, SAF will be permanently available at Jet Aviation Basel for […]
In France, Axens announced that that Galp, a major Portuguese multinational energy corporation, LOKEN, a Malaysian energy player developing one of the first renewable complex in South-East Asia, as well as SAFCO Venture Holdings Limited have selected Axens’ Vegan offering.These three companies will implement Axens’ Vegan solution for their respective Hydrogenated Vegetable Oil and Sustainable […]
In Japan, Cosmo Oil Co., JGC Holdings Corporation, Revo International and SAFFAIRE SKY ENERGY announced the completion of a SAF production facility to manufacture and supply domestically produced SAF using waste cooking oil as a raw material. The partners announced that the construction was completed on December 25, 2024. The four companies aim to be […]
In Florida, Markets and Markets reported that the global aviation fuel market size is estimated to reach $696.2 billion by 2030, up from $249.9 billion in 2022. The report noted that the market is expected to grow at a CAGR of 13.7% during the forecast period. “Demand to reduce emissions and rising initiatives by governments […]
