The World Bank approved $1.5B to boost India’s low-carbon energy. This operation aims to spark India’s green hydrogen market, expand renewable energy, and drive funding for low-carbon projects. The funding, announced on June 29 represents the second phase of the Low-Carbon Energy Programmatic Development Policy Operation. Transforming India’s Renewable Energy Market with a US$1.5B Investment...

Green Hydrogen Organisation (GH2) and Nile University launch the GH2 International Green Hydrogen Centre of Excellence in Cairo, Egypt. At the Egypt-EU Investment Conference in Cairo today, the Green Hydrogen Organisation (GH2) and Nile University launched the GH2 International Green Hydrogen Centre of Excellence “GH2 Cairo Centre” to provide global leadership and build the...

BP has joined the international push to try to unlock North Africa’s potential as a major green hydrogen producer and exporter The race is on to unlock North Africa’s vast potential as a low-cost green hydrogen supplier. The latest big hitter to enter the fray is BP. The London-based oil and gas major has agreed to...

Glosten’s CCRV design has been given ABS approval.The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) to Glosetn, an American naval architecture and marine engineering company, for the design of UC San Diego’s new hydrogen-hybrid Costal-Class Research Vessel (CCRV).Designed to meet multiple regulatory requirements.The preliminary design from the hydrogen-hybrid CCRV was...

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...

The World Bank is giving green push in India a significant boost with an additional $1.5 billion loan for green hydrogen and renewables.This new funding builds on a previous $1.5 billion commitment, bringing the total support to $3 billion.The money will be used to fuel two key areas: developing a thriving green hydrogen market and scaling up renewable energy use. Green hydrogen, produced using...

New York, July 02, 2024 (GLOBE NEWSWIRE) -- Overview: The Blue Hydrogen Market size is expected to reach USD 2.3 billion by 2024 and is further anticipated to reach USD 5.5 billion by 2033 according to Dimension Market Research. The market is anticipated to register a CAGR of 10.8% from 2024 to 2033. Blue hydrogen is taken out from natural gas and backed by carbon capture and storage. The CO2...

BAKU, Azerbaijan, July 3. The Masdar company based in the United Arab Emirates (UAE) is actively involved in research on producing green hydrogen in Azerbaijan, Murad Sadikhov, director of Masdar Azerbaijan, told Trend. He noted that in collaboration with Azerbaijan's Ministry of Economy and Ministry of Energy, Masdar has been conducting research on hydrogen production. "Since 2022, a...

Liquid hydrogen propulsion developer, Universal Hydrogen, has gone bust, citing a lack of funds. It burned through the US$100million funding it received from investors in just over four years.Since it started in 2020, Universal Hydrogen enjoyed some notable success. It gained Phase 1 certification from the FAA, and in March 2023, flew its Dash 8-300 testbed ‘Lightning McClean’ – the largest...

An aerial view of the steel frame of a wind turbine foundation in China, which will later be filled with emissions-heavy concrete. Wind turbines and solar panels produce emissions during manufacturing and installation, and solar-panel factories in China are often powered by coal-fired electricity.Photo: CFOTO/Future Publishing/Getty Source link...