Fortescue, a leading global player in green hydrogen production, celebrated a significant milestone with the commencement of its $550 million venture into green hydrogen production in the United States. The company held a soil turn ceremony and renamed its green hydrogen facility in Buckeye, Arizona to Arizona Hydrogen, marking the first of Fortescue’s planned green energy...

President Daniel Boric of Chile has introduced the Green Hydrogen Action Plan, developed by the Strategic Committee in collaboration with key stakeholders including former President Michelle Bachelet, Minister of Energy Diego Pardow, and former Minister of Energy Juan Carlos Jobet. The comprehensive plan comprises 81 measures across 18 lines of work, to be implemented in...

As the world shifts towards greener energy solutions, the spotlight on hydrogen fuel cells grows brighter. Harnessing the power of hydrogen, these cells present a clean energy alternative capable of meeting the escalating global demand for power. But what are hydrogen fuel cells? In its most basic form, a hydrogen fuel cell is a device that converts the chemical energy stored in...

Provaris Energy secures $3 million facility from Macquarie; launches $2 million share purchase plan. Seeking to provide a funding alternative for its hydrogen development plans in 2024/25, Provaris Energy Ltd (ASX:PV1, OTC:GBBLF) has secured a two-year A$3 million convertible note facility with Macquarie Bank Ltd, while also launching a A$2 million share purchase plan (SPP)...

The European Commission is providing some EUR 720 million in subsidies to seven green hydrogen projects selected in the first auction under the European Hydrogen Bank initiative, which aims to facilitate domestic production of renewable hydrogen in the European Union. The hydrogen produced by the selected bidders will be used in sectors such as steel, chemicals, maritime...

The European Commission has announced around €720m in funding to support seven European renewable hydrogen projects. The renewable hydrogen projects have been selected under the bidding system of the European Hydrogen Bank, with the funds generated through the revenues of the EU Emissions Trading System. The projects will be essential in meeting the EU’s targets for producing renewable hydrogen in...

Project 821, the world's first hydrogen fuel cell superyacht was launched on May 4 at Feadship's Amsterdam shipyard. Enter Project 821, the pioneering hydrogen fuel-cell superyacht that promises to redefine eco-conscious luxury on the seas. Half a decade in the making, this trailblazing vessel represents Feadship's bold endeavor to push the boundaries of green technology in the...

An Australia-based global metal mining and green energy company has broken ground on a major hydrogen production project in Arizona, part of what the group’s founder said could be several planned clean energy investments in North America. Dr. Andrew Forrest, executive chair and founder of Fortescue, at the May 3 groundbreaking for the Arizona Hydrogen facility praised U.S. officials for supporting...

Bryan Allen, Director of Hydrogen – October 19, 2023 With the growth of the clean energy economy, and a heavy focus on hydrogen, green energy and water resources have sparked concern in local economies. Most concerns focus on the belief that there will be a major increase in water consumption and that there are negative environmental impacts from desalinat ion .  For the most part, these fears...

Stuttgart, May 6, 2024 – The Federal Ministry for Digital and Transport (BMDV) today announced the launch of the BALIS 2.0 Project. Dr Volker Wissing, Federal Minister for Digital and Transport, awarded the funding document for the further development of fuel cell systems for regional aircraft to the consortium during the project kick-off at Stuttgart Airport. The BALIS 2.0 Project, led by...