Hydrogen Projects

TotalEnergies, Air Products in hydrogen deal

15-year agreement to start in 2030 TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonize TotalEnergies’ European refineries....

China “to install 2.5GW of green hydrogen projects this year”: analysts Rystad

China will breeze past its 2025 target for 200,000 tonnes of renewable hydrogen a year, as the country is on track to install 2.5GW of electrolyser capacity — capable of producing around 220,000 tonnes of H2 a year — by the end of 2024. So says analysis released this week by research firm Rystad Energy.  It finds that 1GW of electrolysis capacity has already been installed in...

Fusion Fuel advances in green hydrogen, targets cash flow break even by 2025 By Investing.com

Fusion Fuel Green (FFG) has provided a first-quarter update for 2024, focusing on its HEVO micro-electrolyzer technology and green hydrogen projects. The company has not recognized revenue in Q1 but expects it to be weighted towards the latter half of the year. Fusion Fuel is exploring options to strengthen its capital position and is maintaining its 2024 guidance. With a pipeline of projects and...

The EU seeks to speed up investment in the hydrogen market to achieve climate neutrality and independence from Russian energy sources.

The EU seeks to speed up investment in the hydrogen market to achieve climate neutrality and independence from Russian energy sources. The European Commission announced the beginning of work on a pilot mechanism for developing the hydrogen market. Hydrogen will play an essential role in the EU’s transition to climate neutrality by 2050 and in achieving its goal of becoming independent of...

Saudi Crown Prince MBS has started construction on the world’s largest green hydrogen project, which will power the Neom city. The $8.4 billion plant will produce a whopping 25 tons of hydrogen every hour.

Neom City, a $1.5 trillion tourist destination of the future, is more than just luxury hotels and fancy villas. It represents an unprecedented way of life, paving the way for not only a better life but also a more sustainable way of living. The green hydrogen project in Saudi Arabia is imperative to realizing Crown Prince MBS’s sustainability vision for Neom. Touted to be the world’s largest...

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