Strategic agreement between Vast and Mabanaft for a green methanol plant

Vast Renewables Limited (Nasdaq: VSTE) and Mabanaft have announced a joint development agreement for the Solar Methanol 1 (SM1) green methanol plant in Port Augusta, Australia. This project, located at the Port Augusta Green Energy Hub, aims to produce 7,500 tonnes of green methanol a year using Vast’s CSP (concentrated solar power). CSP Technology and Green Methanol Production Methanol is a crucial...

foldable, sport and rental hydrogen bikes with water tanks can be refueled in 3 to 10 seconds

HydroRide Europe introduces its hydrogen bikes with fuel cell  Young Swiss company HydroRide Europe announced the entrance of their hydrogen fuel-cell bikes HYRYD, which can be refueled in 3 to 10 seconds with the built-in water tanks. The range comes in three models: foldable, sport, and rental or sharing bikes. For the company, their hydrogen rides are believed to outperform e-bikes in refueling...

Newport News green hydrogen site moving forward

The Biden administration did not select Virginia as part of a multistate hydrogen hub that was expected to create hundreds of jobs, but a smaller Hampton Roads site dedicated to demonstrating the potential of the green fuel is still progressing, a Virginia Tech organizer said.In October, the U.S. Department of Energy chose to fund seven green hydrogen hubs across the country with $7 billion from by...

After Historic Subsidies, Hydrogen Giants Threaten Regulations Could Throttle Industry

The long-dormant hydrogen industry won a game-changer subsidy in last year’s Inflation Reduction Act (IRA). The U.S. is making such a big bet on the fuel that it is willing to pay $3 per kilogram of green hydrogen, which in some places could be worth more than the cost of production, enabling some producers to make hydrogen at zero cost. Analysts describe that hydrogen production tax credit,...

Hydrogen Compass – May 2024

In April, the Northwest European hydrogen market saw a flurry of noteworthy developments, spanning from funding initiatives, project setbacks, and major infrastructure progress announcements. This month, we will focus on the latest developments from the European Hydrogen Bank, delve into the persistent challenges surrounding offshore hydrogen, and shed light on the ongoing delays facing the German...

Letter from London: Hydrogen’s risk allocation puzzle

Finding a way to efficiently share risk between developers, offtakers and financiers is crucial to unlocking investment in green hydrogen projects, according to speakers at the FT Hydrogen Summit in London Commodities trader Trafigura expects to make FID on a 20MW green hydrogen facility at Milford Haven in South Wales...

Hong Kong unveils new hydrogen strategy, with focus on standards, H2 vehicles, and closer ties with mainland China

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Subsidies plan | Spanish government consults on scheme to directly finance green hydrogen hubs via auctions

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

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