In Korea, The Asia Business Daily reported that Yeongju City in North Gyeongsang Province has secured funds for a clean hydrogen power plant construction project. Yeongju City announced that it had signed a memorandum of understanding for joint cooperation and investment in the carbon-free power plant development project with Gyeongbuk Province and Korea East-West Power. […]
In Massachusetts, Electric Hydrogen, a U.S. manufacturer of advanced electrolyzers, announced it has acquired Ambient Fuels, an hydrogen project developer. As part of the transaction, Electric Hydrogen also entered into a strategic relationship with Generate Capital, an infrastructure investment platform and former investor in Ambient Fuels, to offer up to $400 million in hydrogen project […]
In Massachusetts, SkyQuest reported that the global hydrogen market is expected to reach $442.4 billion by 2032, up from a value of $251.4 billion in 2024. The market is expected to expand at a CAGR of 7.2% from 2025 to 2032. “Europe is estimated to spearhead the global hydrogen demand on the back of supportive […]
In India, Indiafoline reported that NTPC Green Energy Ltd (NGEL), the renewable arm of NTPC, has signed an MoU with the V.O. Chidambaranar Port Authority in Tuticorin, Tamil Nadu, to scale up green energy adoption at the port. The partnership will see NGEL set up a green hydrogen fuelling station at VOC Port and deploy […]
In the UK, Fuel Cells Works reported that Jiangsu Guofu Hydrogen Energy Equipment has completed a $11.6 million placement of 1.73 million new H shares on the Hong Kong Stock Exchange, expanding its capital base to accelerate hydrogen project investments both domestically and internationally. The transaction, carried out under a general mandate approved by shareholders, […]
In Japan, Toyota Motor Corporation (Toyota) announced that it has joined “TOKYO H2,” a new project launched by the Tokyo Metropolitan Government on September 3 aiming to make Tokyo a global leader in hydrogen. As part of this public-private initiative, the Crown has been introduced into the fuel cell taxi fleet to expand adoption. To […]
In Malaysia, Business Times reported that the Sarawak government is exploring the potential of a strategic partnership with Siemens Energy for hydrogen production in the state. Premier Tan Sri Abang Johari Openg said the visit to Siemens Energy’s headquarters opened up new opportunities for Sarawak to gain experience and benefit from the company’s advanced technology, […]
In the UK, Fuel Cells Works reported that the Port of Alicante in Spain has formally launched a Preliminary Market Consultation (PMC) for a future green hydrogen plant, as it accelerates efforts to decarbonise logistics operations in line with the European Green Deal and “Fit for 55” targets. The initiative, dubbed PORTALI-H2, will remain open […]
In Mexico, Noticias Ambientales reported that the Mexican government is considering promoting a regional initiative to transform the sargassum into aviation biofuel. The proposal involves the creation of a multinational company with countries from Central America and the Caribbean, according to the report. The project would allow for an energy use of one of the […]
In New Zealand, The Lawyer Magazine reported that MinterEllisonRuddWatts is piloting Sustainable Aviation Fuel (SAF) emissions reductions with Air New Zealand, becoming the only law firm in New Zealand to participate in the initiative. Through Air New Zealand, SAF’s “book and claim” system enables corporate partners to purchase SAF certificates that contribute to the airline’s use of sustainable […]
