Category: Hydrogen

Blue hydrogen market to worth over $212.39 billion by 2050, research finds

Blue hydrogen market to worth over $212.39 billion by 2050, research finds

February 6, 2025 |

In India, AstuteAnalytica reported that the global blue hydrogen market was valued at $ 25.78 billion in 2024 and is anticipated to reach $212.39 billion by 2050. The report noted that the market is projected to expand at a CAGR of 19.50% during the forecast period 2025–2033. “Blue hydrogen market is increasingly being adopted in […]

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Plug launches first spot pricing for green hydrogen

Plug launches first spot pricing for green hydrogen

February 6, 2025 |

In New York, Plug Power has introduced what it claims to be the first-ever spot pricing program for liquid green hydrogen. The firm noted that hydrogen buyers now have the freedom to purchase liquid green hydrogen from Plug’s production plants on-demand and without the limitations of long-term take-or-pay agreements. The flexibility provided by this new […]

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ITM Power to work on 10 MW hydrogen production plant design configuration

ITM Power to work on 10 MW hydrogen production plant design configuration

February 6, 2025 |

In the Netherlands, Offshore Energy reported that UK’s electrolyzer manufacturer ITM Power has been contracted by an undisclosed European energy company to jointly develop a standard design configuration for a 10 MW green hydrogen production plant. The design will, reportedly, combine two of ITM’s NEPTUNE V plug-and-play 5 MW containerized electrolyzer systems. According to ITM, […]

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Luxcara, GreenH make final investment decision for large-scale green hydrogen project in Norway

Luxcara, GreenH make final investment decision for large-scale green hydrogen project in Norway

January 30, 2025 |

In Germany, Luxcara, an independent German asset manager for clean energy infrastructure projects, said it is investing in one of Norway’s first large-scale green hydrogen projects. The Bodø Hydrogen Project, located at Langstranda in Bodø municipality, will in phase 1 have an electrolyzer capacity of 20 MW and an annual production capacity of up to […]

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Kyoto Transformation Xchange inks partnership with Arstroma

Kyoto Transformation Xchange inks partnership with Arstroma

January 30, 2025 |

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 […]

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Scottish Government to export hydrogen to Germany by ship

Scottish Government to export hydrogen to Germany by ship

January 30, 2025 |

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 […]

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China’s CPECC expresses interest to invest in green hydrogen projects in Algeria

China’s CPECC expresses interest to invest in green hydrogen projects in Algeria

January 30, 2025 |

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 […]

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Hydrogen generation market to reach $489.2 billion by 2033

Hydrogen generation market to reach $489.2 billion by 2033

January 30, 2025 |

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 […]

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NEOM Green Hydrogen project reaches key milestones in energy transition

NEOM Green Hydrogen project reaches key milestones in energy transition

January 30, 2025 |

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 […]

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ACWA Power and Snam sign MoU for green hydrogen and ammonia

ACWA Power and Snam sign MoU for green hydrogen and ammonia

January 30, 2025 |

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 […]

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