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...
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Fortescue Ltd is an Australia-based global green technology, energy and metals company. The Company's segments include Metals and Energy. Metals segment includes exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. Its metals business comprises its iron ore operations in the Pilbara as well as a pipeline of exploration...
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_Speira_0_0.JPG?w=1024&resize=1024,1024&ssl=1 "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...
5/10/2025 (Reuters) — Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni, the U.S. oil producer said on May 7, representing Exxon's first signed customer agreement for its planned hydrogen facility in Baytown, Texas. ...
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...
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...
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