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,...

Algeria Eyes  Billion Investment to Build a World-Class Hydrogen Industry by 2040 – الشروق أونلاين

Algeria Eyes $25 Billion Investment to Build a World-Class Hydrogen Industry by 2040 – الشروق أونلاين

A recent report by the Energy Research Unit has revealed that Algeria will require approximately $25 billion in investments to develop its hydrogen sector and achieve its 2040 targets, enabling the country to produce up to 1.2 million tonnes of green hydrogen annually for export. According to the report, Algeria’s hydrogen strategy is built on a dual-track approach. The first focuses on producing...

Air Products (APD) Is Up 12.2% After Axing U.S. Projects, Pivoting to NEOM Ammonia Deal

Air Products (APD) Is Up 12.2% After Axing U.S. Projects, Pivoting to NEOM Ammonia Deal

In late June 2026, Air Products and Chemicals said it would stop the Louisiana Clean Energy Complex, a zero-carbon liquid hydrogen facility in Arizona, and several smaller clean energy projects, taking up to US$2.90 billion in pre-tax charges mainly for asset write-downs and contract terminations, while also pursuing other portfolio adjustments. At the same time, Air Products and Chemicals moved to...

No more dark days, hydrogen may flow from Gela, Italy

No more dark days, hydrogen may flow from Gela, Italy

Plans to build the gas pipeline, estimated to cost around €400 million, began in earnest in 2017, when the government set up InterConnect Malta to oversee the project. Following a positive assessment by the Commission pursuant to Article 24(1) and (2) of the TEN-E Regulation (EU) 2022/869, the project has retained...

Hydrogen Fuel Cell News: Bloom Energy Joins Russell 1000 Growth Benchmark

Hydrogen Fuel Cell News: Bloom Energy Joins Russell 1000 Growth Benchmark

Bloom Energy Corporation’s addition to the Russell 1000 Growth Benchmark underscores institutional recognition of its large-cap growth status and its solid oxide fuel cell and hydrogen production technologies.In this hydrogen fuel cell news, Bloom Energy Corporation has been added to the Russell 1000 Growth Benchmark on June 29, 2026. The move marks a shift from smaller-cap style indices into a...

TK Nucera outlines hydrogen ambitions as ThyssenKrupp Nucera expands electrolysis business

TK Nucera outlines hydrogen ambitions as ThyssenKrupp Nucera expands electrolysis business

TK Nucera (ISIN DE000NCA0001) is positioning itself as a key technology provider for large-scale hydrogen electrolysis, targeting industrial clients that are looking to decarbonize chemical, steel and energy processes. The company operates within the broader ThyssenKrupp Nucera business, which focuses on electrolysis solutions that support green hydrogen production and related applications. For...

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