Hydrogen Projects

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...

5 Reasons Why Green Hydrogen is in Trouble

5 Reasons Why Green Hydrogen is in Trouble

Highlights : There are only 1,160 GH2 stations worldwide by the end of 2024 Over 20 percent of planned EU Green Hydrogen projects (about 29 GW capacity) were shelved by end-2024 Drumming up subsidies, something the sector was good at, is becoming increasingly tougher to justify considering the fall in costs for other green options....

Babcock & Wilcox to Use Portion of Proceeds of Asset Sale for BrightLoop ™ Technology Deployment, Including Massillon Project

Babcock & Wilcox to Use Portion of Proceeds of Asset Sale for BrightLoop ™ Technology Deployment, Including Massillon Project

Babcock & Wilcox to Use Portion of Proceeds of Asset Sale for BrightLoop ™ Technology Deployment, Including Massillon Project B&W and Kanadevia Inova also sign Memorandum of Understanding to evaluate potential cooperation on development of BrightLoop projects using waste and biomass (AKRON, Ohio – May 6, 2025) – Babcock & Wilcox Enterprises, Inc....

EU ramps up support for hydrogen in metals

EU ramps up support for hydrogen in metals

European Commission backs hydrogen as best option to decarbonise steel sector, but questions remain over technology choices and funding The European Commission’s European Steel and Metals Action Plan, coupled with its Clean Industrial Deal, offers strong support for the deployment of clean hydrogen in the metals sector. The plan, released in...

Scottish Hydrogen Projects Get £3,4M Boost

Scottish Hydrogen Projects Get £3,4M Boost

Scottish Hydrogen Projects Get £3,4M Boost Eleven projects designed to accelerate Scotland’s hydrogen economy are set to benefit from a share of £3.4 million in Scottish Government funding. According to the government, the investment will help develop green hydrogen production across the country, improve the hydrogen supply chain, and enhance hydrogen transport and...

Oman pushes cleaner energy with green hydrogen and gas projects

Oman pushes cleaner energy with green hydrogen and gas projects

Oman is increasing its bets on cleaner energy, with another green hydrogen auction round and a low-emission liquefied natural gas (LNG) bunkering project. The latest hydrogen auction is focused on Duqm, where 300 square km is available for solar and wind plants needed to produce the fuel. Formal bids are due early next year.It’s big business: two previous rounds drew pledges of $49 billion to develop...

Asia leads decarbonisation push to build green hydrogen economy

Asia leads decarbonisation push to build green hydrogen economy

THE race to net-zero is on, and green hydrogen is emerging as a game-changer. More than just a cleaner fuel, it enhances energy security, resilience and carbon reduction. In Asia, where energy demand is rising rapidly, scalable low-carbon solutions are essential. With a strong track record in renewables, Sembcorp is driving this transition to a cleaner, more sustainable future for the region.Powering...

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