China energy major allocates 0m for hydrogen projects | Hydrogen

China energy major allocates $690m for hydrogen projects | Hydrogen

China oil and gas major Sinopec has unveiled a $690m venture capital fund to support early-stage hydrogen investments and technologies.The fund will be managed by Sinopec Private Equity Fund Management, a wholly owned subsidiary of Sinopec Capital.The announcement provides further evidence of China’s pre-eminent position in hydrogen and follows $321m of funding from the Chinese finance...

US green energy braces for federal funding cuts

US green energy braces for federal funding cuts

Zoe CorbynTechnology ReporterReporting fromSan FranciscoGetty ImagesPresident Trump has described windfarms as "disgusting" and "ugly"US green fuel company HIF Global has a big vision for Texas's Matagorda County: a $7bn (£5.2bn) commercial scale e-methanol factory to supply the world market.The plant, which it claims would be the largest to date anywhere, would make e-methanol from captured carbon...

Australia Eyes Green Hydrogen Exports, Reviews Standards

Australia Eyes Green Hydrogen Exports, Reviews Standards

A new study reveals potential gaps in Australia's hydrogen certification framework that may affect its alignment with emerging international standards. The study looks at how well current certification schemes ensure hydrogen made from renewable electricity actually delivers climate benefits, using Australia's National Electricity Market as a case study. Researchers say we need better ways to...

Clean the Sky – Major Sustainability Projects

Clean the Sky – Major Sustainability Projects

Austria’s oil and chemicals company OMV inaugurated two major sustainability projects at its Schwechat refinery, under the theme 'From Innovation to Impact: Forward for Good.' The first is OMV’s proprietary ReOil® chemical recycling plant, which converts hard-to-recycle plastics into virgin-quality feedstock, advancing circular economy goals. The second is a new 10...

Hydrogen leads Q1 profit growth among bank-owned fintechs

Hydrogen leads Q1 profit growth among bank-owned fintechs

Access Holdings’ fintech subsidiary, Hydrogen, has recorded the highest profit growth among Nigerian bank-owned payment companies in the first quarter of 2025, overtaking long-time leader HabariPay, the fintech arm of Guaranty Trust Holding Company (GTCO) in Nigeria’s increasingly competitive digital payments space. According to the banking group’s latest financial...

Verdagy And Mainspring Launch California’s First Hydrogen-Powered Linear Generator Demo – Hydrogen Fuel News

Verdagy And Mainspring Launch California’s First Hydrogen-Powered Linear Generator Demo – Hydrogen Fuel News

Verdagy and Mainspring Energy are turning up the heat on hydrogen innovation with the first-ever commercial-scale demo of a linear generator running purely on green hydrogen. Set to kick off in summer 2025, this project will live at Verdagy’s Moss Landing, California production facility and tap directly into on-site hydrogen made through cutting-edge alkaline water electrolysis (AWE).But this isn’t...

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