Author Archive: Juan Pedro Tomas

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Aker Horizons awarded up to $12.1 million in financing for green hydrogen project in Norway

Aker Horizons awarded up to $12.1 million in financing for green hydrogen project in Norway

June 1, 2023 |

In Norway, Aker Horizons ASA announced that Aker Horizons Asset Development, the company’s wholly-owned asset development arm dedicated to hydrogen projects, has been awarded up to $12.1 million in grants and loans from Innovation Norway for the green hydrogen production facility at Rjukan, in Eastern Norway. The Rjukan project will produce approximately 9 tons per […]

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Japanese consortium unveils fuel cell system based on green hydrogen, waste plastic

Japanese consortium unveils fuel cell system based on green hydrogen, waste plastic

June 1, 2023 |

In Japan, the Tokyo Tech InfoSyEnergy Research and Education Consortium, the Tokyo Tech Academy of Energy and Informatics and several companies such as Toshiba Corporation and Toshiba Energy Systems & Solutions Corporation are jointly developing a a fuel cell that generates electricity from both hydrogen and waste plastic hydrogen. The new system is designed for […]

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NWTN and CMEC plan to co-develop 20MW green hydrogen plant in the UAE

NWTN and CMEC plan to co-develop 20MW green hydrogen plant in the UAE

June 1, 2023 |

In the United Arab Emirates (UAE), Zawya reported that Dubai-based green energy company NWTN and CMEC Middle East (CMEC ME), a subsidiary of China Machinery Engineering Corporation, announced plans to co-develop a 20 megawatt green hydrogen plant in the UAE. Under the terms of the deal, NWTN will take on the task of securing approvals […]

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Tunisia could export over 5.5 million tons of green hydrogen to Europe by 2050

Tunisia could export over 5.5 million tons of green hydrogen to Europe by 2050

June 1, 2023 |

In the United Arab Emirates (UAE), Zawya reported that Tunisia will be able to export 5.5-6 million tonnes of green hydrogen to Europe by 2050, according to the Director General of the Electricity and Energy Transition at the Ministry of Industry, Mines and Energy, Belhassen Chiboub. The official said that Tunisia has the necessary assets […]

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Plug Power plans to develop three green hydrogen production plants in Finland

Plug Power plans to develop three green hydrogen production plants in Finland

June 1, 2023 |

In New York, Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, said it plans to develop three green hydrogen production plants in Finland. These projects will result in the production of 850 tons per day of green hydrogen, or 2.2 gigawatts (GW) of electrolyzer capacity, by the end of […]

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Hydrogen energy storage market to hit $17.6 billion by 2032, study finds

Hydrogen energy storage market to hit $17.6 billion by 2032, study finds

June 1, 2023 |

In Delaware, a new report by Global Market Insights stated that the global hydrogen energy storage market is expected to reach a valuation of $17.6 billion by 2032. “With the fuel cell vehicle deployment, governments are increasingly investing in hydrogen-based infrastructure. Globally, vehicle manufacturers and hydrogen producers are heavily spending on the deployment of fuel […]

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LATAM Cargo, Kuehne+Nagel and Elite Flower invest in SAF

LATAM Cargo, Kuehne+Nagel and Elite Flower invest in SAF

May 31, 2023 |

In Turkey, LATAM Cargo, Kuehne+Nagel and Elite Flower said they have purchased more than 25,000 liters of sustainable aviation fuel. The amount purchased would reduce the equivalent of the total emissions generated by a cargo flight on the Bogotá-Miami route, which transported a large shipment of flowers. The sustainable aviation fuel purchased was produced from […]

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CleanJoule announces $50 million investment by international consortium to accelerate SAF production

CleanJoule announces $50 million investment by international consortium to accelerate SAF production

May 31, 2023 |

In Utah, CleanJoule, a U.S.-based startup focused on the production of SAF, announced a $50 million investment round led by the principals of Indigo Partners, a U.S.-based private equity firm. The round also included participation by GenZero, Cleanhill Partner, U.S.-based airline Frontier Airlines, Europe-based Wizz Air and Mexico-based Volaris. Funds raised from the round will […]

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Japan to require 10% SAF supply from 2030

Japan to require 10% SAF supply from 2030

May 31, 2023 |

In Japan, Nippon.com reported that Japan’s industry ministry said it plans to require oil wholesalers to make sustainable aviation fuel account for 10% of their aviation fuel supply from 2030. The move by the Japanese government is aimed at promoting the use of SAF, which emits less carbon dioxide than conventional fuels, to accelerate decarbonization […]

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Boom Supersonic and Dimensional Energy ink SAF offtake deal

Boom Supersonic and Dimensional Energy ink SAF offtake deal

May 31, 2023 |

In Colorado, Boom Supersonic announced it has signed a sustainable aviation fuel offtake agreement with Dimensional Energy. Under the agreement with Dimensional Energy, Boom will purchase up to 5 million gallons of SAF on an annual basis over the duration of the Overture flight test program. Overture is the supersonic airliner from Boom that expects […]

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