Fortescue is hitting the brakes on two of its early-stage green hydrogen projects—one in Arizona and the other in Gladstone, Australia—as it shifts focus back to its bread and butter: iron ore mining. After taking a hard look at its clean energy efforts, the company’s pulling back, expecting to write down around $150 million (pre-tax) in the process. The reason? The financial returns just aren’t...
Key Takeaways BP is withdrawing from the $36B AREH green hydrogen project, giving up its 63.57% stake and operator role.The exit reflects BP's strategic shift to oil and gas following investor pressure and weak stock returns.BP's move casts uncertainty over AREHs future, with partners needing to rethink project funding. BP plc (BP...
BP Plc will exit its role in a massive green hydrogen production facility planned in Australia as the British oil major refocuses on the fossil fuels that drive its profits. The company told its partners in the Australian Renewable Energy Hub that it plans to leave the project as both operator and equity holder, according to a statement from a BP spokesperson. It’s the latest setback for green...
Kimberly-Clark UK & Ireland, the manufacturer of household brands including Andrex and Kleenex, has become the first major consumer products company in the UK to sign long-term offtaker agreements for green hydrogen, to decarbonize production of products including toilet and facial tissues. The company is partnering with Carlton Power and HYRO – the latter...
The energy group says it has successfully competed its first combustion tests using 'green hydrogen' in the ceramics sector. Industrial furnaces that reach very high temperatures have historically relied on natural gas, but green hydrogen is being heralded as a potentially low-carbon option to use the...
British energy major BP will exit the Australian Renewable Energy Hub (AREH) in Pilbara, Australia, as it pivots to instead refocus on fossil fuels.The hub, which was originally expected to deliver 26GW of solar and wind power by 2029, is slated to produce 1.6 million tonnes of green hydrogen and nine million tonnes of green ammonia per year at full scale.However, the future of the hub is now...
YamnaCo has signed a Memorandum of Understanding with the new and renewable energy Development Corporation of Andhra Pradesh, marking a significant advancement in its strategy to establish a large-scale green hydrogen and ammonia facility in India. The agreement, signed on 18 July 2025, outlines Yamna’s commitment to developing a phased, grid-connected green ammonia project...
Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...
Webinar: Electrolyzer Component Advancements for Green Hydrogen ProductionPresenter: Chingis Idrissov, Senior Technology Analyst, IDTechExDate: Thursday 7 August 2025 Can't attend live? Register anyway to receive the on-demand recording and presentation slides, available for a limited time. As the adoption of green hydrogen accelerates across heavy industry and transport, the demand for more...
A landmark partnership between JK Srivastava Group and Hynfra, a Polish company, has resulted in the formation of a joint venture called JK Srivastava Hynfra (JKSH). The venture has entered into a Memorandum of Understanding (MoU) with NREDCAP, the renewable energy agency of Andhra Pradesh, to establish a cutting-edge green hydrogen and ammonia hub near the Visakhapatnam port. The project will...
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