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...
Hydrogen Projects
An aerial photo of Maasvlakte 2 in the Port of Rotterdam in June 2020, which is set to site multiple large-scale green hydrogen projects.Photo: Danny Cornelissen/Port of Rotterdam Source link...
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...
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...
Opening remarks by Commissioner Simson at the EU-Japan High-Level Hydrogen Business Forum. Let me first thank the Japanese Minister, Ken Saito, for the warm welcome and for hosting this joint EU-Japan High-Level Business Hydrogen Forum in Tokyo. It is a pleasure to be here. I want to particularly welcome and thank the CEOs, leaders and senior representatives from the EU and...
Even with this progress, engineering challenges and gaps in the hydrogen value chain remain. To better understand the current landscape—and where things are headed—Eric Cohen, Head of Green Economy Banking for JPMorgan Chase Commercial Banking, North America, spoke with physicist Lindsey Motlow, Senior Research Associate, Energy Transition and Sustainability at Darcy Partners. Q&A Cohen: How...
Jemena has signed a Memorandum of Understanding (MOU) for the development of hydrogen production and blending facilities with Spanish-based Solarig. The parties will collaborate to assess the feasibility and facilitate the supply of zero-carbon renewable hydrogen to gas users connected to Jemena’s network under the MOU. The MOU between Solarig and Jemena focuses first on the development of...
Saudi Arabia’s ACWA Power signed a memorandum of understanding with the Tunisian Ministry of Industry, Mines and Energy, with the aim to study the implementation of a new project to produce about 600,000 tons of green hydrogen annually in 3 stages, and export it to the European Union. Under the MoU, ACWA Power will work to establish, operate and maintain electricity generation units with a production...
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RIYADH: The rapid adoption of clean technologies can enhance the affordability of energy, according to a new report. In its latest study, the International Energy Agency said that the key task for governments globally is to make clean energy technologies more accessible to those who may otherwise struggle with the upfront costs. The energy agency noted that additional investments in the sector are...