In Australia, The Hydrogen Utility (H2U) and Vopak Terminals Australia have announced their collaboration in relation to H2U’s H2-Hub Gladstone project, a multi-billion renewable energy complex producing green hydrogen and green ammonia, proposed to be established in Gladstone, Queensland. H2-Hub Gladstone is the largest green hydrogen and green ammonia development in Queensland, with 3 GW […]
In Germany, CellForn said that manufacturing firm Albert Weber has become a new shareholder in the company. The merger will be accomplished through several incremental capital increases, the firm said. Both companies aim to leverage the potential of CellForm’s technology for hydrogen applications and Albert Weber’s expertise in industrialization by combining their competencies and resources. […]
In Russia, Reuters reported that Russian President Vladimir Putin approved nullifying mineral extraction tax for natural gas used in the production of ammonia and hydrogen in the Arctic. The report noted that the tax breaks relate to natural gas from the Gydan and Yamal peninsulas. Russia’s largest producer of liquefied natural gas (LNG) Novatek NVTK.MM […]
In the United Arab Emirates (UAE), Zawya reported that Misr Fertilizers Production Company’s (MOPCO) board has approved the establishment of a company for the production of green hydrogen, in cooperation with the Egyptian Petrochemicals Holding Company (ECHEM) and Norway’s Scatec. The new company will use produced green hydrogen in the production of green ammonia, according […]
In Arizona, Nikola Corporation and Fortescue Future Industries (FFI), announced that FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project. FFI will bring the capital and resources required to fully develop the project and the parties are working towards a hydrogen supply agreement to support Nikola’s Class 8 zero-emission trucks. The PHH is a green […]
In the United Arab Emirates, Zawya reported that Chinese supplier of solar photovoltaic (PV) solutions LONGi is keen to boost its investments in the renewable energies and green hydrogen fields in Egypt. The announcement was made by the Egyptian Ministry of Electricity and Renewable Energy. LONGi’s President James Jin praised the Egyptian electricity and renewable […]
In Uruguay, Mercopress reported that Uruguayan President Luis Lacalle Pou signed a Memorandum of Understanding on cooperation in renewable energies, energy efficiency, and green hydrogen with the European Union to achieve carbon neutrality by 2050. Lacalle Pou signed the deal on behalf of the South American country and European Commission President Ursula Von der Leyen […]
In the United Arab Emirates (UAE), Gulf Business reported that Mubadala Energy and Masdar have signed an agreement, which will see both companies jointly explore collaborations that leverage Mubadala Energy’s deep technical capabilities across its operated and non-operated portfolio, together with Masdar’s know-how in decarbonization and energy transition technologies. The agreement has a focus on […]
In the UK, The Regulatory Horizons Council (RHC) has published an independent report on the regulation of hydrogen propulsion in maritime vessels, to help take advantage of the benefits of hydrogen fuel and stimulate sustainable growth in the maritime sector. The entity noted that maritime vessels produce around 5% of the UK’s domestic transport greenhouse […]
In Connecticut, HyAxiom, a developer and manufacturer of fuel cell and electrolyzer solutions announced the completion of a private placement of convertible preferred stock in an aggregate amount of approximately $150 million led by three Korean investment firms – Korea Investment Private Equity, KDB Investment–Hana Securities and KB Asset Management. The company intends to use […]
