The Marjan oil refinery construction site in Saudi Arabia (Courtesy of Hyundai E&C) Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupled with higher labor and raw material costs, hurt their profitability, government data showed.According to the Financial Supervisory Service’s public disclosure system,...
Christoph Noeres, head of green hydrogen at ThyssenKrupp Nucera, which makes electrolyzers, at the company’s headquarters in Dortmund, Germany, March 20, 2024. Nucera, a subsidiary of ThyssenKrupp, Germany’s venerable steel producer, is landing major deals for electrolyzers, which produce clean-burning hydrogen from water. (Felix Schmitt/The New York Times)...
Lisa Moughan, Director of Marketing – November 6, 2023 Hydrogen is in the clean energy spotlight – but its success rests largely in the ability to address hydrogen storage. Generally, one of the most challenging aspects in the energy sector isn’t necessarily producing the energy as much as it is in storing it and transmitting it. The ability to get the power where it needs to be and storing it...
The Netherlands Agency Enterprise (RVO) has granted RWE a funding commitment of 124.9 million euro for its Eemshydrogen project. Eemshydrogen is a project to build a 50-megawatt electrolysis plant at RWE's site in Eemshaven to produce green hydrogen. RWE plans to operate the electrolyser with green electricity from its Westereems wind farm, which is located only around 5 kilometres from...
A slide from a presentation on Japan's hydrogen strategy at the Connecting Green Hydrogen MENA conference in Dubai.Photo: Polly Martin/Hydrogen Insight Source link...
This week, the clean hydrogen market will be closely watching the results of the EU’s first European Hydrogen Bank auction on Tuesday. The European Commission has allocated Eur800 million to support renewable hydrogen production projects on a fixed premium over 10-year contracts, with a price ceiling of Eur4.50/kg. The auction was oversubscribed with 132 bids from projects in...
Romania Hosts 3rd Jive Hydrogen Bus Roadshow in Central Eastern Europe this Spring. Romania hosts the third hydrogen bus roadshow this spring as part of the JIVE projects supported and funded by the Clean Hydrogen Partnership, followed by Greece, Bosnia Herzegovina, and Bulgaria. A hydrogen fuel cell bus will be made available at the beginning of May 2024 for testing...
Muscat – Hydrom, the sultanate’s green hydrogen orchestrator, announced signing two new green hydrogen projects in Dhofar worth RO4.2bn (US$11bn) on Monday. The signings follow the successful completion of Hydrom’s second round of auctions taking the total hydrogen production in Oman to 1.38mn tonnes per annum (mtpa) by 2030. The first agreement was signed with a consortium consisting of...
A Department of Energy advisory committee said Tuesday that the nascent “clean” hydrogen industry is not growing fast enough to meet U.S. climate goals, a conclusion that Energy Secretary Jennifer Granholm called “sobering.” According to a new report from the National Petroleum Council (NPC), the hydrogen industry won’t generate enough supply and demand for the emerging low-to-zero carbon...