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An Australian company at the forefront of the global push to utilize hydrogen has reduced its workforce and cut its production targets, citing high costs for power needed to produce the fuel. Fortescue, a technology, energy and metal company headquartered in Perth, on July 17 said it would cut 700 jobs as part of a restructuring. The company also announced it was moving its goal to produce 15...
Without efforts to reduce emissions, our planet is on track to a 2.7-degree Celsius temperature increase, significantly above the 1.5-degree threshold. Coal, natural gas, and oil industries are some of the primary contributors to carbon emissions. While producing electricity to power our homes and offices, carbon (alongside other harmful gases) is released into the air as byproducts....
Image: Rob Crandall, via Shutterstock Universities and industry given €13 million to investigate societal acceptance and technical challenges A consortium of universities and businesses has been funded to research the societal impact of making hydrogen a key part of the Dutch economy. Hydrogen holds promise as an environmentally sustainable fuel because, when it...
In one of her State of the European Union addresses, Commission President von der Leyen announced the establishment of the NextGen project. Its ambitious plan is worth €723bn and is considered to be the largest recovery project in Europe since the Marshall Plan. It is the recovery Europe needs now and for the future climate change targets. One may ask whether the tiny archipelago is sufficiently...
Morocco is poised to become a global leader in sustainable development, leveraging its vast natural resources and strategic initiatives. Central to this ambition are the blue economy and green hydrogen, two pillars that promise a transformative impact on the nation’s economic and environmental future. Harnessing Maritime Wealth Morocco’s blue economy stands as a cornerstone of its development...
This week, California’s Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) and the U.S. Department of Energy (DOE) signed a $12.6 billion agreement to build and expand clean energy infrastructure across California. The agreement will fund the creation of regional networks that produce renewable hydrogen as an energy source for manufacturing, vehicles and generating electricity,...
U.S.-headquartered Ohmium International, a leading green hydrogen integrated company making Proton Exchange Membrane (PEM) electrolysers, has started a new Giga-level factory in Doddaballapura, just outside of Bengaluru, to make India its manufacturing base for global supplies.The 2 gigawatt (GW) factory with 14,000 square meters of production space is expandable to 4GW. It will produce hyper modular PEM...
(MENAFN- KNN India) New Delhi, Jul 20 (KNN) India's renewable energy capacity has more than doubled since 2014, reaching 195 gigawatts (GW), according to Union Minister Pralhad Joshi. The Minister of Consumer Affairs, Food and Public Distribution & New and Renewable Energy made this announcement at the inauguration of an electrolyser manufacturing facility...