Trump officials cut nearly bn in clean energy projects in Democratic states | Trump administration

Trump officials cut nearly $8bn in clean energy projects in Democratic states | Trump administration

The Trump administration is cancelling $7.6bn in grants that supported hundreds of clean energy projects in 16 states, all of which voted for Democrat Kamala Harris in last year’s presidential election.The move comes as Donald Trump threatens deep cuts in his fight with congressional Democrats over the government shutdown.The energy department said in a statement on Thursday that 223 projects were...

Lawmakers weigh in on federal government cuts to PNW Hydrogen Hub

Lawmakers weigh in on federal government cuts to PNW Hydrogen Hub

Local lawmakers weighed in on the Trump Administration’s cuts to approximately $1 billion worth of federal funding for the Pacific Northwest Hydrogen Association (PNWH2), which supports clean energy efforts in Washington, Idaho, Montana, and Oregon. The H2Hubs program was established by the Bipartisan Infrastructure Law (BIL). It designates up to $7 billion in competitive grants to...

Topsoe to license technology for planned Texas blue methanol plant

Topsoe to license technology for planned Texas blue methanol plant

The plant is expected to reform natural gas into hydrogen-rich syngas, capture much of the CO2, and use the hydrogen in that syngas to produce blue methanol for markets like shipping. Sandpiper said the facility will produce 3,000 tonnes of methanol per day. However, the project is still at the pre-final investment decision (FID) stage, with production targeted for 2030. Topsoe has been developing its...

Petroleum Refining Hydrogen Market Size to Hit USD 459.13 Billion by 2034

Petroleum Refining Hydrogen Market Size to Hit USD 459.13 Billion by 2034

What is the Petroleum Refining Hydrogen Market Size? The global petroleum refining hydrogen market size accounted for USD 139.64 billion in 2024 and is predicted to increase from USD 157.29 billion in 2025 to approximately USD 459.13 billion by 2034, expanding at a CAGR of 12.64% from 2025 to 2034. The growth of the petroleum refining hydrogen market is driven by cleaner fuel regulations, rising...

Plug Power’s Electrolyzer Surge: Is Green Hydrogen the Fuel That’s Finally Igniting This Stock?

Plug Power’s Electrolyzer Surge: Is Green Hydrogen the Fuel That’s Finally Igniting This Stock?

Hey folks, if you’re glued to the market this morning like I am, you’ve probably noticed Plug Power (PLUG) exploding out of the gate. As of this writing, shares are up a whopping 24.8% in early trading— that’s the kind of move that grabs your attention and makes you wonder what’s got the Street buzzing. We’re talking about a company knee-deep in the green energy...

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