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 […]
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 […]
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 […]
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 […]
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 […]
