In New York Plug Power said it boosted its liquidity by approximately $30 million through the transfer of the Federal Investment Tax Credit (ITC) on January 24, 2025, to a major investor with a strong track record of purchasing comparable credits. The $30 million ITC transfer represents Plug’s first use of the transferability rules under […]
In Finland, Liquid Wind and Turun Seudun Energiantuotanto Oy (TSE) announced the signing of a Memorandum of Understanding (MoU) for the development of an eFuel facility in Naantali, Finland. The eFuel facility is planned to be adjacent to TSE’s local power plant Naantali 4 which will deliver biogenic CO2 and steam for the production of […]
In the Netherlands, Offshore Energy reported that Norwegian Hydrogen has acquired Aker Horizons’ hydrogen project in Rjukan, Norway, and plans on building a 25 MW plant, with the possibility for further upscaling and expansion. As part of the agreement, Norwegian Hydrogen will take over an existing long-term power purchase agreement (PPA) with Tinn Energi, ensuring […]
In India, Sembcorp Industries, through its wholly-owned subsidiaries Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Ltd, signed two non-binding Memoranda of Understanding (MOUs) with the Government of Odisha. Under the MOU signed with Industrial Promotion & Investment Corporation of Odisha Limited, SGHIPL will explore the development of a production facility for green […]
In Norway, SEFE (Securing Energy for Europe) and marine infrastructure provider Höegh Evi announced they have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe. SEFE and Höegh Evi will analyze the technical and commercial feasibility of various corridors […]
In Norway, Nel Hydrogen US, a subsidiary of Nel ASA, said it has received a purchase order for two containerized PEM electrolyser units for about $7 million. The two MC500 electrolyzers, 2.5 MW each, will be used to produce hydrogen for a new steel mill in the US. The undisclosed customer, one of the largest […]
In France, Lhyfe, a producer and supplier of green and renewable hydrogen for industry and mobility, and Atmen, an integrated compliance automation platform, have decided to collaborate to set a new standard of excellence in carbon footprint traceability and transparency within the hydrogen and Power-to-X (PtX) sectors. Lhyfe said that it had been eagerly awaiting […]
In Germany, MorGen Mobility, a developer and operator of green hydrogen refueling stations, has started the construction of its second facility located at the Cleantech Innovation Park in Hallstad, Germany. This project is supported by the Bavarian State Ministry for Economic Affairs, Regional Development and Energy through the funding program for the development of hydrogen […]
In China, Sungrow Hydrogen signed a supply agreement with ACME Group and will provide water electrolysis hydrogen production equipment for the 320MW green ammonia project in Oman. It also marks the official start of the cooperation between ACME Group and Sungrow Hydrogen in the Middle East. According to the agreement, Sungrow Hydrogen will provide multiple […]
In Italy, MAIRE announced that KT -Kinetics Technology supported by the technological know-how of NEXTCHEM, has been awarded by Pengerang Biorefinery Sdn licensing, as well as engineering, procurement, construction and commissioning (EPCC) services for an HPU to be located in Johor, Malaysia. NEXTCHEM will provide the license of its proprietary NX Reform technology. The HPU […]
