Central Bank and Brussels Both Hold Clues to Reversing June’s 42% Slide

Central Bank and Brussels Both Hold Clues to Reversing June’s 42% Slide

ITM Power shares closed Friday at €1.48, perched in a technically significant zone. The stock sits roughly 10% below its 50-day moving average of €1.64 but remains comfortably above the 200-day average at €1.01. The relative strength index reads 39.5 — just shy of the oversold threshold that often triggers algorithmic buying. With annualised 30-day volatility approaching...

Mitsubishi signs  bn supply pact with ACME for Odisha green methanol unit

Mitsubishi signs $1 bn supply pact with ACME for Odisha green methanol unit

BHUBANESWAR : India’s clean energy major ACME Green Molecules Business and Japan’s Mitsubishi Gas Chemical (MGC) signed a binding long-term agreement for the annual supply of 100,000 tonnes of green methanol, marking India’s first global collaboration in the green marine fuel sector. The deal is expected to strengthen India’s position in the global transition towards low-carbon shipping...

Air Products exits Louisiana clean energy project with pre-tax charges of up to USD 2.9 billion

Air Products exits Louisiana clean energy project with pre-tax charges of up to USD 2.9 billion

Air Products announced it will not proceed with the Louisiana Clean Energy Complex (LCEC) project. The LCEC project exit and other portfolio actions will result in a pre-tax charge in Air Products’ fiscal third quarter. Air Products also announced it is finalizing a marketing and distribution agreement with Yara International ASA for renewable ammonia from the NEOM green hydrogen...

Air Products Cancels .9 Billion Clean Hydrogen Megaproject in Louisiana, Shuts Down Arizona Unit, Highlighting High Costs of U.S. Energy Transition

Air Products Cancels $2.9 Billion Clean Hydrogen Megaproject in Louisiana, Shuts Down Arizona Unit, Highlighting High Costs of U.S. Energy Transition

Air Products’ decision halts one of the most ambitious clean hydrogen projects in the United States and is accompanied by closures, amortizations, and contract reviews in the company’s portfolio. Air Products announced on June 30, 2026, that it will not proceed with the Louisiana Clean Energy Complex, known by the acronym LCEC, a clean energy project in Louisiana that was on...

First 25 kilos of green hydrogen produced at H2 Hollandia

First 25 kilos of green hydrogen produced at H2 Hollandia

First 25 kilos of green hydrogen produced at H2 Hollandia A special milestone for the energy transition in the Netherlands: the first 25 kilos of green hydrogen have been produced at H2 Hollandia in Drenthe. Although the entire installation is not yet in place, this first production demonstrates that the system works. The compressor will follow, as will the refueling...

Algeria targets B investment to expand hydrogen production by 2040

Algeria targets $25B investment to expand hydrogen production by 2040

ALGIERS, Algeria (MNTV) — Algeria will require an estimated $25 billion in investment to achieve its hydrogen production goals by 2040, as the country seeks to establish itself as a major supplier of low-carbon hydrogen to European markets, according to a new report by the Energy Research Unit. The report said Algeria’s long-term hydrogen strategy combines the development of both green hydrogen,...

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