In Switzerland, Axpo said it has signed a cooperation agreement with French energy investor ENEGO to study the feasibility of a 100 MW green hydrogen plant in Sicily, Italy. The project is expected to be located in the Priolo-Augusta industrial complex on the island’s east coast. The new plant would help meet demand for green […]
In India, ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding (MoU) to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology. Both companies said they intend to extend the partnership […]
In Australia, Fortescue has officially opened its electrolyzer manufacturing facility in Gladstone, Queensland, Australia. The 15,000sqm advanced manufacturing facility will have capacity to produce over 2GW of Proton Exchange Membrane (PEM) electrolyzer stacks annually. Fortescue Energy CEO Mark Hutchinson said the Gladstone facility, which produces electrolyzers designed in-house by Fortescue teams in Australia and the […]
In Germany, commercial vehicle manufacturer MAN Truck & Bus said it will be the first European truck producer to launch a small series with a hydrogen combustion engine. The initially planned small series of around 200 units is to be delivered to customers in Germany, the Netherlands, Norway, Iceland and selected non-European countries as early […]
In Belgium, the European Commission has approved, under EU State aid rules, a $380 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s “Auctions-as-a-Service” tool. The German measure is in line notably with the objectives of the REPowerEU Plan and the European Green Deal Industrial Plan. It will contribute […]
In Poland, Ytech said that a report from Avendus Capital projects a significant wave of investments in India’s green hydrogen and green ammonia production. By 2030, a total of $125 billion is expected to be funneled into various segments of the green energy value chain in India, according to the report. The report highlighted that […]
In India, Business Today reported that Reliance Industries (RIL), Tata Motors and Indian Oil Corporation are likely to be key bidders for the government’s pilot project for the use of green/grey hydrogen in the transport sector. The report noted that the pilot project will help identify operational issues and gaps in terms of technology readiness, […]
In Morocco, OCP Group, a specialist in plant nutrition and phosphate-based fertilizers, and Fortescue Energy announced a landmark joint venture in the country. The partners said that this equal partnership aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets. It includes the potential development of manufacturing facilities and an R&D […]
In Spain, Cepsa said it has successfully completed a new bond issue for $ 814 million. The firm said the new issue is the largest bond offering in Cepsa’s history and marks its return to the capital markets after four years. Carmen de Pablo, Cepsa’s CFO and Director of Strategy and Sustainability, said: “The success […]
In the UK, Sustainability Magazine reported that Hong Kong-based airline Cathay Pacific aims to accelerate the use of SAF. The company noted that the use of SAF “remains the most important lever for achieving Cathay’s new carbon intensity target and net-zero operations in the long run.” “In 2023, we continued to lead the charge in […]
