PIC investment in Bambili Energy targets hydrogen growth and 1,200 jobs

PIC investment in Bambili Energy targets hydrogen growth and 1,200 jobs

The Public Investment Corporation (PIC) says its investment in hydrogen-focused company Bambili Energy is part of a broader push to support industrialisation, mineral beneficiation and long-term economic development in South Africa.Board chairperson Dr David Masondo visited HyPlat, a Cape Town-based subsidiary of Bambili Energy, on Thursday as part of an oversight programme aimed at assessing the impact...

Heat pumps may soon outsell air conditioners in US

Heat pumps may soon outsell air conditioners in US

This article is part of our ​“Chart of the Week” series. Summer is officially here — and more Americans than ever are cooling their homes with heat pumps.  A decade ago, two conventional air-conditioning systems were sold for every one heat pump. Now, heat pumps are on the verge of outselling standard ACs. In 2025, sales...

India pushes local manufacturing of green hydrogen components to cut import dependence

India pushes local manufacturing of green hydrogen components to cut import dependence

India is moving to strengthen its renewable energy supply chain by promoting domestic manufacturing of critical components used in solar, green hydrogen and wind energy, as the government shifts focus toward reducing dependence on imports and building upstream industrial capacity. The Ministry of New and Renewable Energy (MNRE) has outlined a strategy to encourage local production of key inputs...

Enova sees hydrogen and ammonia role as electric shipping hits range limits

Enova sees hydrogen and ammonia role as electric shipping hits range limits

Norway needs hydrogen and ammonia fuel supply chains for longer-distance shipping, even as battery-electric propulsion gains ground in coastal trades, state enterprise Enova said in its 2026 climate and energy transition report.IMAGE: Concept of a liquid hydrogen-capable bulk carrier developed as part of the Strandbulk project. LH2 ShippingBattery-electric vessels and shore-power infrastructure are...

OMV Petrom receives all 20MW electrolysers for Romanian clean fuel plant | Hydrogen News

OMV Petrom receives all 20MW electrolysers for Romanian clean fuel plant | Hydrogen News

Romanian oil and gas firm OMV Petrom has received the fourth and final 5MW electrolyser that will be installed at its Petrobrazi clean fuel facility.The 20MW installation will produce 3,000 tonnes of green hydrogen per year, which will be used to process around 250,000 tonnes of sustainable aviation fuel and hydrotreated vegetable oil.The units come from the German engineering...

S Africa positioned as potential hydrogen hub – energy company

S Africa positioned as potential hydrogen hub – energy company

Hydrogen is potentially a key factor in developing energy resilience and energy security, and South Africa is ideally positioned to be, over time, a hub for green hydrogen production owing to its renewable-energy resources, says chemicals and energy company Sasol asset transformation VP Vimal Bhimsan. “Hydrogen, in the long term, could be critical to energy security, which, in turn, can develop and...

Where Will Plug Power Stock Be in 10 Years?

Where Will Plug Power Stock Be in 10 Years?

Plug Power(NASDAQ: PLUG), a developer of hydrogen charging technologies, went public at a reverse-split-adjusted price of $150 per share in 1999. Today, it trades at less than $3. Let's see why its stock crumbled -- and why it could bounce back over the next decade.Image source: Getty Images.Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a "Double Down" signal flashed for a...

From asbestos capital to green hydrogen frontier

From asbestos capital to green hydrogen frontier

OUTSIDE the city of Thetford Mines, Quebec, in a region that once supplied the world with asbestos, workers are drilling underground in search of an unusual and potentially vast new source of clean energy.A startup called Vema Hydrogen has drilled two test wells into the bedrock, each 304m deep, and is starting to inject...

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