Hynfra’s joint venture (JV), Jordan Green Ammonia (JGA), has secured 1,000 hectares of land for its planned 120,000 tonne-per-year (tpa) plant in Jordan’s Aqaba Special Economic Zone Authority (ASEZA).The lease agreement firms up plans for the $1bn project, which is targeting a final investment decision (FID) by September 2027, and operations by 2030.Located in the Port of...
Representational image. Credit: Canva European Energy has entered into an agreement with Danish balancing responsible party (BRP) Twig Energy to manage and optimise operations at its hybrid renewable energy facility in Måde, near Esbjerg in western Denmark. The partnership represents a significant step in the company’s efforts to integrate multiple clean energy technologies...
The International Energy Agency (IEA) has cut the volume of clean hydrogen production it considers likely to be operating by 2030 by around 40%.Despite a 27 million tonnes per annum (mtpa) clean hydrogen project pipeline for 2030, the agency now sees just over 6 mtpa as having a strong chance of reaching operation by the end of the decade, down from 10 mtpa in its previous...
Nel ASA: The CEO Steps Down Norwegian electrolyzer specialist Nel ASA has unexpectedly run into turbulence. CEO Håkon Volldal announced in mid-June that he would step down at the end of the year to join the packaging group Elopak. Investors reacted to the news with significant share price declines. In Oslo, the stock fell by 2%; in Germany, it dropped at times by...
Representational image. Credit: Canva Seven months after the previous industry gathering, the atmosphere surrounding the hydrogen sector had changed noticeably. While the market is still characterised by a degree of caution, there is now a stronger sense that real progress is being made. For years, hydrogen has been viewed as an industry with enormous promise but limited...
Nel ASA’s stock closed at €0.24 on Friday, extending its monthly slide to over 15% as a wall of analyst sell recommendations and a packed central-bank calendar overshadow any sector-level optimism. The Norwegian electrolyser manufacturer now trades roughly 9% below its 50-day moving average of €0.26, while the relative strength index sits at 37.7 — flirting with oversold...
South Korea eyes shifting hydrogen funds to sustain EV subsidies - CHOSUNBIZ Chosunbiz Source link...
Norway has awarded NOK 777m ($82m) in funding to support two hydrogen and two ammonia-fuelled vessels under a NOK 1.3bn ($137m) clean shipping programmeThe ships will demonstrate the viability of hydrogen and ammonia in Norwegian maritime operations.The two liquid hydrogen-fuelled vessels are planned for commercial freight transport, and the ammonia-fuelled tankers could...
Energy giant GE Vernova said the company continues to advance electrification and decarbonization goals as it adds more generation capacity to global power grids. The company on June 17 released its 2025 Sustainability Report, highlighting its emphasis on bringing new innovation and breakthrough technologies to the power generation space. The company on...
18 June 2026 02:06 China has taken another step towards building a more balanced energy system, an area where it still faces significant challenges. The world's largest integrated solar power and green hydrogen production complex has begun operations in Jiangsu Province. The facility also includes battery storage systems designed to smooth fluctuations in solar power generation. It is regarded as one...
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