Energy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices. Time is running out to get on track with Europe's ambitious 2030 hydrogen production targets as developers due to take final investment decisions battle macroeconomic headwinds, industry representatives said at the...
The North African country has ample solar and wind energy resourcesWhen Egypt hosted COP27 a couple of years ago, it was impossible to notice the number of largescale green hydrogen production projects within the massive Suez Canal Economic Zone (SCZone).Even then, it was obvious that Egypt saw its own potentialThe country is ideally suited for generating both solar and wind electricity, both of which...
New Delhi: The faster adoption of electric vehicles (EVs), the National Hydrogen Mission and other such initiatives will propel India's journey towards a net-zero target by 2070, eminent scientists and thought leaders have said. Speaking at an event organised by the Technology Development Board (TDB), under the Department of Science and Technology (DST), Professor Ajay Kumar Sood, Principal Scientific...
Australian green hydrogen electrolyser manufacturer, Hysata raises $111m USD led by bp Ventures and Templewater. Australia-based company Hysata is developing new high-efficiency electrolysers that aim to produce green hydrogen at scale with higher energy efficiency and lower costs than alternative technologies. The company’s technology combines engineering and science in a...
The Department of Treasury’s new proposed rules for tax credits for “clean hydrogen” could be a boon for boosting the nascent clean energy field, advocates say. But some companies, including oil and gas producers, and politicians say they are too strict to accelerate the industry quickly enough. The rules will establish how clean the plants need to be to qualify for potentially generous subsidies...
US Department of Energy Announces Seven Hydrogen-Related Projects to Receive More Than $300 Million in 48C Tax Credits. The U.S. Department of Energy (DOE) recently announced details for 35 projects across 20 states that received a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C). This information was voluntarily shared with DOE by...
(MENAFN- KNN India) New Delhi, May 11 (KNN) The Indian government convened a major workshop on "Quality Control in Green Hydrogen: Standards & Testing Infrastructure" in New Delhi on Thursday.The day-long event, organised by the Ministry of New and Renewable Energy, focused on creating a homogeneous ecosystem for green hydrogen production processes through...