In the UK, the UK Government reported that Energy Security Secretary Claire Coutinho announced backing for 11 major projects to produce green hydrogen – through a process known as electrolysis – and confirmed suppliers will receive a guaranteed price from the government for the clean energy they supply. In return for this government support, the […]
In France, Lhyfe , a producer of green and renewable hydrogen for transportation and industrial applications, announced it has successfully closed a $30.7 million financing package with its banking partners. Maria Pardo Saleme, Lhyfe’s Chief Financial Officer, said: “We are very proud to have arranged this first syndicated green financing for Lhyfe, which becomes the […]
In Japan, Komatsu said it will co-develop with General Motors (GM) a hydrogen fuel cell power module for Komatsu’s 930E electric drive mining truck. “At GM, we believe fuel cells can play an integral role in a zero-emissions future, helping to electrify heavier-duty applications, beyond passenger vehicles,” said Charlie Freese, executive director of GM’s Global […]
In the Netherlands, Offshore Energy reported that a consortium of eleven partners from public and private entities from Spain, France, Ireland, and Portugal has kicked off a project that will carry out pilot tests for the application of hydrogen and methanol as an energy alternative in the fleet and vehicles of the ports of the […]
In India, Solar Quarter reported that renewable energy developer CWP Global is advancing its plans for a 30-GW green hydrogen project in Mauritania, with technical and environmental studies in advanced stages. The AMAN project, a collaboration between CWP and the Mauritanian government, aims to include 18 GW of wind capacity and 12 GW of solar […]
In the Netherlands, Offshore Energy reported that SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through this […]
In Morocco, Morocco World News reported that Swedish company S2H2+Bm has unveiled plans for a green hydrogen production plant in Morocco by 2025. According to the report, S2H2+Bm foresees a production capacity of 500,000 tons of green hydrogen per year from the Moroccan plant. S2H2+Bm’s plan consists of an initial phase which will see the […]
In New York, Dimensional Energy announces the successful closure of a $20 million Series A funding round. The funding round was led by Envisioning Partners, a Korea-based impact venture capital fund with a strong global focus on climate investing, with strategic participation from United Airlines’ Sustainable Flight Fund, Microsoft’s Climate Innovation Fund, RockCreek Group’s Smart […]
In Switzerland, the International Air Transport Association (IATA) announced estimates for SAF production. In 2023, SAF volumes reached over 600 million liters, double the 300 million liters produced in 2022. SAF accounted for 3% of all renewable fuels produced in 2023, IATA said. In 2024, SAF production is expected to triple to 1.875 billion liters, […]
In New York, Reuters reported that the US Government expects the Treasury to release guidance by the end of this week on whether to make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies. Corn-based ethanol producers see sustainable aviation fuel as one of the only ways to grow their […]
