In South Korea, Kyoto Transformation Xchange (KTX) announced a partnership with Arstroma E&C Co., a technology provider from South Korea renowned for their innovative membrane systems for carbon sequestration. These systems specifically convert CO2 into blue hydrogen and have successfully commercialized membrane technologies for the first time in the world, the firm said. This partnership […]
In Scotland, The National reported the Scottish Government is set to accelerate plans to export green hydrogen to Germany by sending it by ship. According to the report, acting Energy Secretary Gillian Martin went on a trade visit to Germany last week, where she told journalists that the Scottish Government initially plans to transport the […]
In Algeria, Al24News reported that Noureddine Yassaa, Secretary of State to the Algerian Ministry of Energy responsible for Renewable Energy, met with He Hong San, Executive Vice President of the China Petroleum Engineering & Construction Corporation (CPECC). During their meeting, He expressed the Chinese company’s interest in investing in Algeria, particularly in the clean energy […]
In India, research firm Prudour reported that the global hydrogen generation market is projected to reach a value of $489.2 billion by 2033, up from $117 billion in 2023. The market is projected to expand at a Compound Annual Growth Rate (CAGR) of 10.7% from 2023 to 2033. The report noted that the demand for […]
In Saudi Arabia, ShiaWaves reported that the Saudi NEOM Green Hydrogen Company (NGHC) has announced significant progress in developing the world’s largest green hydrogen plant, advancing efforts to transition to cleaner energy sources. The plant, set to be fully operational by 2026, aims to produce up to 600 tons of green hydrogen daily, targeting global […]
In Saudi Arabia, ACWA Power signed a memorandum of understanding (MoU) with Snam to explore collaboration and joint investments to establish a supply chain of green hydrogen to Europe. Snam, an European operator in natural gas transportation, storage, and regasification, aims at building a pan-European multi-molecule infrastructure, advancing energy security and the transition to Net […]
In New York Plug Power said it boosted its liquidity by approximately $30 million through the transfer of the Federal Investment Tax Credit (ITC) on January 24, 2025, to a major investor with a strong track record of purchasing comparable credits. The $30 million ITC transfer represents Plug’s first use of the transferability rules under […]
In Massachusetts, Lydian announced the successful pilot demonstration of its technology for producing sustainable aviation fuel for commercial and defense applications. The pilot plant, which can produce up to 25 gallons of fuel per day, is located at RTI International in North Carolina. Lydian’s novel process uses captured CO2, water, and renewable electricity to produce […]
In Bulgaria, Renewables Now reported that Hong Kong-based SAF producer EcoCeres, is planning an initial public offering (IPO) on a European stock exchange, According to a Bloomberg report, the transaction, targeted for next year, could raise between $500 million and $1 billion in proceeds, depending on market conditions, and value the entire business at about […]
In Oklahoma, Emerging Fuels Technology (EFT) announced that it has been awarded a subcontract to provide, under license, a pilot scale version of its proprietary Technology Platform as part of Sea Dragon Energy’s $19.2 million contract with the Office of Naval Research (ONR) to design and build a demonstration unit in Kona, Hawaii to exhibit […]
