Japan ‘does not have the luxury’ to give up hydrogen: SMBC sustainability head | News | Eco-Business

Japan ‘does not have the luxury’ to give up hydrogen: SMBC sustainability head | News | Eco-Business

However, despite the dampened prospects for clean hydrogen amid mounting production costs and global macroeconomic headwinds, one country remains all-in on it: Japan.Speaking at Singapore state investor Temasek’s Ecosperity summit last week, Japanese megabank SMBC’s group chief sustainability officer Masayuki Takanashi said that the country remains very invested in low-carbon hydrogen.“We are...

– Cyprus Shipping News

– Cyprus Shipping News

New Innovation can Lower CAPEX by 10%, Improve Efficiency by 10%, and will Power the Largest Hydrogen Projects in the World InterContinental Energy, a global leader in giga-scale green hydrogen development, announces its patented P2(H2)Node™ system. Designed in Australia after four years of intense innovation and engineering, this game-changing solution cuts costs, boosts efficiency, and allows for...

ACWA Power expands US ties with 0m in new agreements

ACWA Power expands US ties with $500m in new agreements

ACWA Power, the world’s largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, announced the signing of Memorandums of Understanding (MoUs) with US companies, totalling USD 500 million. Signed at the Saudi–US Investment Forum in Riyadh, these agreements build on ACWA Power's existing partnerships with American firms, which now exceed USD 6...

Global Hydrogen Energy Storage Market Anticipates 72% CAGR

Global Hydrogen Energy Storage Market Anticipates 72% CAGR

Boston, May 14, 2025 (GLOBE NEWSWIRE) -- According to the latest study from BCC Research, the “Global Hydrogen Energy Storage Market” is projected to reach $23.7 billion by the end of 2029 with a CAGR of 72.1% from 2024 to 2029. In this report, the global hydrogen energy storage (HES) technology market is analyzed by storage technology and end use, focusing on the U.S., Canada, China, Japan,...

Supporting Energy Systems for the 21st Century

Supporting Energy Systems for the 21st Century

Why microgrids with hydrogen for backup power will create significant benefits for consumers and utilities. The energy grid in the U.S., particularly in regions like California, Texas, and the Northeast, is overstretched and increasingly unable to meet modern demands. California’s grid, for instance, is facing unprecedented strain with the sale of more electric vehicles (EVs), and air...

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