(Bloomberg) -- Namibia’s hydrogen industry has the potential to provide a substantial boost to the economy over the next seven years, its central bank governor said.Most Read from Bloomberg“By 2030, it could contribute $4.1 billion to gross domestic product, which is 32% more than 2030 GDP estimates without a hydrogen industry,” Johannes !Gawaxab told attendees at a Bloomberg ‘Namibia in Focus’...
This article is included in these additional categories:Hyundai Motor Company showcased its pioneering efforts to advance hydrogen technology and clean logistics at the Advanced Clean Transportation (ACT) Expo 2024 in Las Vegas. Central to this initiative is the introduction of the Class 8 XCIENT Fuel Cell electric truck, underscoring Hyundai’s commitment to a hydrogen-powered future.Unveiling HTWO and...
Asma RafatTimes Network May 23, 2024, 17:00 IST ISTDiscover the global surge towards green hydrogen as a clean, versatile, and sustainable energy solution for a brighter future.“I believe that water will one day be employed as fuel, that hydrogen and oxygen which constitute it, used singly or together will furnish an inexhaustible source of heat and light of the intensity of which coal is not capable.....
Countrywide Hydrogen Locks In $8 Million Funding Deal With The Tasmanian Government. Australian renewable hydrogen project developer Countrywide Hydrogen’s (Countrywide) goal to be Tasmania’s first major green hydrogen producer has been boosted by the award of an $8 million funding package from the Tasmanian Government through its Green Hydrogen Price Reduction Scheme...
Clean hydrogen: Without hefty subsidies, what LatAm can do to ride the wave BNamericas English Source link...
The European Commission launches a pilot auction to support renewable #hydrogen production. The EU's Innovation Fund will finance this key decarbonization technology with up to €800mln.The objective is to connect supply and demand for renewable hydrogen and create transparency about price points, which will help kickstart a European hydrogen market. In turn, this will help accelerate...
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Press Release Announcement by Institute of Mining Engineers of Peru (IIMP) This is an automated translation of the press release issued in Spanish The regional governor of Arequipa, Rohel Sánchez, announced that the construction of a green hydrogen plant in Arequipa, the first in our country, will be ready by 2029. This was declared exclusively with the “Mining Dialogues” program...
When the Biden administration pledged up to $1 billion in awards for two “green steel” projects earlier this year, it signaled an important step in the emerging effort to decarbonize one of the world’s dirtiest industries. Before the announcement, the United States was largely seen as a laggard globally, with steelmakers in Europe and China already pursuing green steel projects of...
The company has a strong track record in hydrogen commercial vehicle conversion, which, according to ULEMco, creates further demand for clean fuel in transport and construction applications. The capital raised is planned to be used to accelerate ULEMCo’s development activities in hydrogen dual fuel, fuel cell and zero-carbon emission combustion.Among the new investors is Mercia Ventures, who led the...