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 […]
In Connecticut, FuelCell Energy and Chart Industries signed a Memorandum of Understanding (MoU) to develop opportunities to combine the companies’ complementary strengths in delivering efficient carbon dioxide (CO2) capture for use or sequestration, as well as generation and storage of gaseous or liquified hydrogen. Under the deal, FuelCell Energy will offer its expertise in manufacturing […]
In Florida, GenH2, a specialist in hydrogen infrastructure solutions, has signed an agreement with hydrogen-electric propulsion developer ZeroAvia to develop liquid hydrogen aviation infrastructure solutions for use in airport environments. ZeroAvia is developing what it claims to be the first practical zero-emission aviation powertrain to provide clean aviation by replacing conventional combustion engines. ZeroAvia’s hydrogen-electric […]
In the UK, Johnson Matthey (JM), a specialist in sustainable technologies, and Hystar, a Norwegian high-tech hydrogen company, have signed a three-year strategic supply agreement to boost renewable hydrogen production. Under the terms of the deal, JM will supply membrane electrode assemblies (MEAs), key performance-defining components for electrolysers, as part of Hystar’s commercialization ramp-up. This […]
In New Jersey, Brainy Insights estimates that the blue hydrogen market will reach $6 billion by 2032. According to Brainy Insights, the blue hydrogen market currently reaches $1.5 billion. “North America is expected to have the most significant blue hydrogen market share. Oil refining capacity in North America was around 21.4 million barrels per day […]
In the United Arab Emirates (UAE), Utilities Middle East reported that Masdar’s new hydrogen business targets an annual green hydrogen production capacity of up to 1 million tons by 2030. The company is committed to become a global green hydrogen leader and believes that this target would enable it to save more than six million […]
In Saudi Arabia, NEOM Green Hydrogen Company (NGHC) announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on what it claims to be the world’s largest green hydrogen production facility at a total investment value of $8.4 billion. The plant is currently […]
In Ireland, RTE reported that a new study found that 10,500 jobs could be created across the country by 2050 through the production of sustainable aviation fuels for use in aircraft and shipping that are derived from hydrogen. The analysis, by Hydrogen Mobility Ireland, also predicts that up to $246.7 million per year could be […]
In Belgium, Transport & Environment reported that hydrogen jets could be cheaper to run than fossil fuel planes from 2035 provided kerosene is taxed adequately. In 2035, running planes on hydrogen could be 8% more expensive than using kerosene. But with a tax on fossil jet fuel and a price on carbon, hydrogen planes could […]
In the United Arab Emirates, Zawya reported that Egypt’s cabinet granted approval to a draft law aimed at boosting green hydrogen projects and their related ventures. The legislation applies to projects involved in the production of green hydrogen and its various by-products, provided that agreements are reached within five years of the law’s implementation, according […]
