BAKU, Azerbaijan, April 16. Environmentally friendly hydrogen and its derivatives are the key to achieving zero emissions by mid-century, the International Renewable Energy Agency (IRENA) said, Trend reports. IRENA representatives participated in the Green Hydrogen Summit in Abu Dhabi (UAE) on April 16. "To generate the required amount of green hydrogen globally, electrolyzers with a total...
Green Hydrogen
Pure Hydrogen leases Archerfield airport industrial site for first demonstration green hydrogen micro-hub Electrolyser already ordered and first hydrogen production is expected in Q4 2024 The Stage 1, low capex development will use 1000m2 of the 4000m2 site Remaining land can be used to scale-up operations to meet higher demand Special Report: Pure Hydrogen has selected an industrial site at...
Swiss energy services provider Alpiq and Finnish green hydrogen firm P2X Solutions have agreed on a financing arrangement according to which Alpiq will invest approximately €47 million in P2X, becoming its majority owner (54.9%). Alpiq revealed the company has the option to increase its shareholding to up to 100% by the end of 2028, adding that P2X will be managed on a partnership basis and...
Green hydrogen has garnered huge interest from policymakers as well as the industry. In an interview with DH’s Gyanendra Keshri, EY India Partner Kapil Bansal, who specialises in energy transition and decarbonisation, talks about economic viability, opportunities, and challenges in the green hydrogen sector. Excerpt: How do you see the commercial viability of green hydrogen? The economic viability of...
Green Hydrogen – European energy company Alpiq acquires majority share of Enersense’s associated company P2X Solutions. Enersense’s associated company P2X Solutions (P2X), a Finnish forerunner of green hydrogen, and Alpiq, a leading Swiss energy services provider and European electricity producer, have agreed on a financing arrangement according to which Alpiq will invest...
RWE and Haltermann Carless develop green hydrogen project in Harwich. RWE, the UK’s leading electricity generator and one of the country’s leading renewable energy companies, and Haltermann Carless, a leading supplier of hydrocarbon-based products and solvents, have signed a Memorandum of Understanding (MoU) to work together to develop a green hydrogen plant in Harwich, in...
In a groundbreaking development, OCP Group, a renowned global leader in plant nutrition and phosphate-based fertilizers, has partnered with Fortescue Energy, a subsidiary of Fortescue Ltd—a prominent player in green energy, metals, and technology—to establish a landmark Joint Venture (JV) in Morocco. This equal collaboration aims to spearhead the supply of green hydrogen,...
Despite an uncertain outlook amid structural limitations and recent economic headwinds, green hydrogen may help accelerate the European Union's decarbonization and strengthen its energy security while bringing profound global economic and geopolitical implications. In recent years, a global energy crisis, supply chain disruptions, high inflation and rising borrowing costs have driven up costs for new...
New Delhi: Essar Power Limited, India’s first private sector independent power producer, has appointed Ankur Kumar as the Chief Executive Officer of its Renewables Business Division, in a move to bolster its commitment to green energy.Ankur Kumar, previously the CEO at ACME Solar Holdings Pvt. Ltd., brings over two decades of experience in renewable...
ST PAUL, MN - 3M (NYSE:MMM), a global science-based company, has recently made a strategic investment in EVOLOH, a cleantech company focused on scaling up the production of electrolyzers for green hydrogen. This investment, as part of a $20 million Series A funding round, is aimed at making the production of green hydrogen more affordable and efficient, contributing to the advancement of the hydrogen...