South Korea’s subsidy budget for battery-electric cars – which this year totals 1.7454 trillion Won (approximately €1 billion euros) – is at risk of being exhausted prematurely. This is partly due to rising fuel prices caused by the conflict in Iran. Significantly more South Koreans are now purchasing BEVs compared to previous years, when the budget was sufficient. The Ministry of Trade,...

H2SITE, one of the leading industrial companies in hydrogen production and separation solutions, has completed a second closing of its Series B round. The transaction brings in EIC Fund with a private investor who will support the company’s next phase of growth and increases H2SITE’s total funding raised in this round to more than Euro 42 million.These new partners, joining BEV, Suma Capital, Hy24,...

Several layers of policy and regulation made Illinois the right entry point for Base Power in PJM. The state allows retail competition, so Base Power can sell power directly to customers. However, it still has to get permission from a wires utility to hook up the batteries to the distribution grid, and ComEd stood out as a partner....

The company was spun out of Aberdeen University by chief executive Jani Shibuya who believes it can help tackle challenges that have impeded the development of the market for so-called green hydrogen. This involves producing hydrogen from water using electrolysis. Blue hydrogen is produced from natural gas. Read more Sceptics have suggested the costs involved with green hydrogen...

Sasol pivots to a broader Northern Cape green hydrogen development model Sasol has completed a pre-feasibility study into the Boegoebaai green hydrogen/ammonia export opportunity, confirming its strong technical and economic potential. While Boegoebaai remains a strategically important component of Sasol’s portfolio, the company is evolving its approach to green hydrogen...

ITM Power and Gore Report Ultra-Low Degradation in PEM Electrolysers  Fuel Cells Works Source link...

Jun 24, 2026 Ecopetrol has entered into an agreement with the German Development Cooperation (GIZ) to advance the production of sustainable aviation fuels derived from green hydrogen, as reported by Hydrogen Central.Pilot Plant Studies in CartagenaThe partnership focuses on conducting feasibility and engineering studies for a pilot plant dedicated to synthetic...

Jun 24, 2026 Sasol has wrapped up a preliminary assessment of the Boegoebaai green hydrogen and ammonia export venture, which affirmed its robust technical and economic viability. Although Boegoebaai retains strategic significance within Sasol's asset mix, the firm is adjusting its strategy for green hydrogen development in the Northern Cape.The company is...

Algeria and Siemens Energy Discuss Green Hydrogen and Ammonia Cooperation  Fuel Cells Works Source link...

Fez– Saudi energy and water company ACWA Power is seeking to broaden its presence in Morocco by investing in new sectors, including seawater desalination, green hydrogen and energy storage, the company’s management in the kingdom told Asharq Business. The company is already one of the major foreign investors in Morocco’s renewable energy sector, with total investments estimated at...