In China, Acumen Research and Consulting reported that the global biobased lubricants market generate $2.8 billion in 2022. According to the research firm, this market is set to achieve a market size of $ 4.9 billion in 2032 growing at a CAGR of 5.2% during the 2023-2032 period. “The global biobased lubricants market is expected […]
In Finland, the University of Helsinki reported that the Faculty of Educational Sciences has received a significant EU consortium grant under the Horizon Europe framework program for Colour4CRAFTS, a multidisciplinary project that combines the cultural tradition of dyes and textile dyeing with the development of novel dyeing techniques and biobased dyes. “Today’s consumers rarely give […]
In India, local newspaper Business Standard reported that the nations belonging to the Shanghai Cooperation Organization (SCO) have agreed to work together on emerging fuels, such as hydrogen and ammonia, as well as biofuels like ethanol. “The parties recognize that emerging fuels can play a critical role in promoting a circular economy by efficiently utilizing […]
In India, The Economic Times reported that Thermax Limited, an Indian energy and environment solutions provider, and Fortescue Future Industries (FFI), an Australia-based green energy company, have signed a Memorandum of Understanding (MoU) to explore green hydrogen projects in India. Under the terms of the agreement, the two firms plan to explore opportunities to jointly […]
In Japan, DENSO Corporation and DENSO Fukushima Corporation announced that they will start a demonstration project at DENSO Fukushima in March 2023 to produce and use green hydrogen at its plant in collaboration with Toyota Motor Corporation as part of the initiative to realize carbon-neutral manufacturing. Through the demonstration project, the two companies aim to […]
In India, local newspaper The Economic Times reported that the country’s Oil minister Rameswar Teli said that Indian state-run refiners are setting up projects to produce 30,800 tons a year of green hydrogen by 2030. According to the report, India had recently announced a $2.4 billion green hydrogen program to reduce dependence on fossil fuels. […]
In the United Arab Emirates (UAE) Zawya reported that the Egyptian Electricity Minister Mohamed Shaker met with Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Climate Action of Germany, Stefan Wenzel, to discuss ways of boosting green hydrogen and renewables cooperation. According to the report, Shaker expressed Egypt’s intention to diversify energy […]
In Luxembourg, the European Investment Bank (EIB) said it will strengthen support for green hydrogen investment in Kenya. The EIB and Kenya signed a new agreement which, according to the parties, will strengthen cooperation to support the development of green hydrogen schemes in the African nation. The EIB expects to initially mobilize $1.9 million of […]
In France, Reuters reported that French gas transmission operator GRTgaz will conduct a feasibility study into transporting low-carbon hydrogen fuel to the industrial and port area of Dunkirk after 11 companies expressed an interest in using such infrastructure. According to the report, GRTgaz noted that the study would look into a potential 20 kilometer structure […]
In California, Universal Hydrogen announced that it has formed a collaboration with three Japan-based companies to study and potentially develop a green hydrogen supply and logistics solution that will enable Japanese airlines to scale their utilization of hydrogen-powered aircraft in the near-term. Universal Hydrogen Corporation, together with Mitsubishi HC Capital Inc., and an undisclosed third […]
