India secures CBAM safeguard in EU trade deal, positions Green Hydrogen as core export bet

India secures CBAM safeguard in EU trade deal, positions Green Hydrogen as core export bet

New Delhi: India has locked in most-favoured-nation protection under the European Union’s Carbon Border Adjustment Mechanism (CBAM) through the India–EU Free Trade Agreement (FTA), shielding Indian exporters from discriminatory carbon tariffs, while simultaneously aligning the deal around green hydrogen cooperation and clean energy trade integration as pillars of the future economic...

German environment minister pushes for Saudi green hydrogen in Riyadh

German environment minister pushes for Saudi green hydrogen in Riyadh

Germany remains committed to purchasing green hydrogen from Saudi Arabia, Environment Minister Carsten Schneider said on Tuesday as he visited Riyadh."They want to know whether there is still a prospect of Germany becoming a buyer of climate-friendly hydrogen," Schneider told dpa. "We need this cooperation to make our industry in Germany climate-neutral."Hydrogen can be used as a clean source of energy...

WWU launches HyLine South West hydrogen infrastructure feasibility study

WWU launches HyLine South West hydrogen infrastructure feasibility study

Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Hydrogen service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Hydrogen Daily - market report sent to your...

OMV Secures Major State Funding for Green Hydrogen Expansion

OMV Secures Major State Funding for Green Hydrogen Expansion

Austrian energy group OMV has significantly bolstered its green hydrogen strategy with substantial state backing. The company is set to receive up to €123 million in government funding for a flagship project, marking a strategic pivot supported by national interests. This move is widely seen as a decisive step in the energy transition, particularly relevant given recent geopolitical tensions...

ACME to Set Up 200 KTPA Green Methanol Facility in Odisha

ACME to Set Up 200 KTPA Green Methanol Facility in Odisha

ACME Group announced plans to establish a 200 kilotonne per annum (KTPA) green methanol manufacturing facility in Odisha, reinforcing its push into green fuels. The project will be developed in Kendrapada district through its subsidiary, ACME Akshya Energy Pvt Ltd. Project to Be Developed with IPICOL The green methanol facility forms part of ACME’s...

Clean Hydrogen Market is set to reach US$ 16.52 billion by 2032,

Clean Hydrogen Market is set to reach US$ 16.52 billion by 2032,

Clean HydrogenGlobal Clean Hydrogen Market reached US$ 5.45 billion in 2024 and is expected to reach US$ 16.52 billion by 2032, growing with a CAGR of 14.87% during the forecast period 2025-2032.Clean Hydrogen is a sustainable energy source produced with minimal carbon emissions, powering industries, transport, and power generation while driving global decarbonization...

Yanbu green ammonia plant should be financed this year | Ammonia

Yanbu green ammonia plant should be financed this year | Ammonia

A green ammonia plant at the Yanbu green hydrogen project in Saudi Arabia is poised to reach a final investment decision this year and start operations in 2030, according to Danish electrolyser firm Topsoe.The company has been appointed ammonia technology licensor by Saudi Arabia-headquartered utility ACWA Power, and it will also deliver engineering, proprietary equipment and catalysts to...

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