Hydrogen Projects

Speira advances decarbonisation with hydrogen technology, with participation in the EU-funded HyInHeat project

Speira advances decarbonisation with hydrogen technology, with participation in the EU-funded HyInHeat project

Speira has reached another milestone in its sustainability journey: As part of the EU-funded HyInHeat project, the aluminium recycling and rolling group has successfully converted a melting furnace with a capacity of 1.5 tonnes to hydrogen operation. Initial tests with various scrap types show promising results with no impact on melt quality. {alcircleadd} “Sustainability is central to...

Portugal Advances as Clean Energy Leader with Major Wind-to-Hydrogen Project in the Algarve and Sines

Portugal Advances as Clean Energy Leader with Major Wind-to-Hydrogen Project in the Algarve and Sines

This project is a critical component of a broader €1.3 billion green hydrogen initiative in Sines, which positions the country at the forefront of the energy transition in Europe.The Silves Wind Farm, currently undergoing the preliminary stages of environmental licensing, will feature thirty-two high-capacity turbines with a combined output of up to 224 megawatts (MW). Once completed, it will rival...

Why Air Products Investors Revolted Against Clean Hydrogen

Why Air Products Investors Revolted Against Clean Hydrogen

After a proxy fight, a successful shareholder revolt, and the ousting of a CEO, Air Products, the largest hydrogen company in the world, is floundering. In early May, it posted a $1.7 billion net loss for the second quarter of the fiscal year. While Air Products produces an array of industrial gases, the newly appointed CEO, Eduardo Menezes, told investors on the company’s recent Q2 earnings call that...

South Korea Funds Project to Build World’s Largest Liquid Hydrogen Carrier

South Korea Funds Project to Build World’s Largest Liquid Hydrogen Carrier

  South Korea’s Ministry of Trade, Industry, and Energy announced the formation of a public-private partnership and funding for an effort to build the world’s largest liquid hydrogen carrier. The government views it as a key opportunity where South Korea’s shipbuilders can develop a leadership position building on its current strategy of focusing on high-value ships. “Liquefied...

Statkraft pauses new hydrogen projects due to ‘market uncertainty’

Statkraft pauses new hydrogen projects due to ‘market uncertainty’

Norwegian energy company Statkraft has halted new hydrogen developments across its European portfolio due to “increased uncertainty in the market”. Statkraft, which will celebrate its 130th anniversary later this year, will now stop developing new projects in Norway, Sweden, the UK, Germany, the Netherlands, and Italy. Parts of its portfolio will be matured before seeking investors to...

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