New Study Looks to Strengthen Global Hydrogen Supply Chain. Researchers from the University of Technology Sydney (UTS) have developed a new supply chain model with the potential to make hydrogen a viable global player in the future of renewable energy. International demand for hydrogen is set to grow sixfold by 2050 to help achieve net-zero climate targets. Yet, hydrogen...
The Ripple Effect of Delays in the UK’s Green Projects on Achieving Net Zero and Environmental ImpactDelays to UK’s green projects not only impact on the feasibility of achieving the UK Government’s goal of net zero by 2050, but have a real world and measurable impact on the environment. Fossil-fuel-intensive megawatts of energy are only displaced as net zero alternatives come on-line, serving to...
Germany’s 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 H2FLY and supported by the...
European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe European Commission Source link...
Fortescue Breaks Ground on Arizona Hydrogen Facility, Marks First Step in US Green Energy Investment
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...