In the UK, Fuel Cells Works reported that Jearrard Energy Resources Limited (JER) has signed a Memorandum of Understanding (MoU) with Carbon Capital Corporation P (CCC) and Green Bond Corporation Sarl (GBC), setting the stage for a potential $33 billion bond raise to fund its 12GW Green Hydrogen project in Mozambique. The JER Mozambique Solar-to-Hydrogen Project will produce over 4,000 tons per day of green hydrogen, meeting surging demand in Asia, India, Europe, and the Pacific Rim, according to the report. “This MoU with Carbon Capital Corporation and Green Bond Corporation represents a transformational milestone for JER and for Africa’s role in the global energy transition,” said Marcus Allington, CEO of JER. “We now have a clear roadmap to finance and to execute one of the largest green hydrogen projects on the planet—a project that will not only power industries globally but also provide sustainable energy for Mozambique’s future.”
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