H2 Energy Group

Last year, multinational company IHI Corporation signed a term sheet to import up to 400,000 tonnes from Acme’s project. Now, IHI has signed a Memorandum of Understanding with Hokkaido Electric Power, Mitsubishi Gas Chemical Company, Mitsui O.S.K. Lines (MOL), Mizuho Bank, and Tokyo Century Corporate. Under a Memorandum of Understanding (MOU), the partners plan to create a robust ammonia value chain between India and Japan. Reportedly, the six companies will evaluate the establishment of a special-purpose company for ammonia production and investment participation. Hokkaido Electric is testing ammonia co-firing at its coal plant and studying infrastructure needs, while Mitsubishi Gas [...]

State-owned bank KfW, which is supporting the development with a €24bn ($25.9bn) loan, transferred €172m ($186m) to the H2 Amortisationskonto GmbH (AMKG) special purpose vehicle to make the payment. The pipeline network to be built and operated by the private sector, and financed by user fees, transmission system operators (TSOs) can secure loans from AMKG to cover initial losses. © FNB Gas | Map of the HCN Repayments will be made once TSOs start logging revenues from the network. “With the amortisation account, we have developed an innovative financing concept that encourages private-sector investment and enables the long-term full financing [...]

As part of the Clean Hydrogen Coastline initiative, the converted salt cavern is set to begin storing hydrogen in 2027. Neuman & Esser will supply two hydrogen compressors to enable high-pressure injection and withdrawal of the green fuel. EWE will use the small-scale 500m3 salt cavern storage project in Rüdersdorf as a proof of concept for the facility in Huntorf, building upon the pilot it completed last December. They plan to scale up 1,000 times to develop a full-size commercial site at Huntorf. “With 37 salt caverns, EWE alone has more than 15% of all German cavern storage facilities that [...]

The hydrogen aviator was selected by AFWERX for a Small Business Innovation Research (SBIR) grant to “address research questions with specific implications for the most pressing challenges in the Department of the Air Force (DAF).” As part of the undisclosed grant, ZeroAvia will study how hydrogen-electric propulsion and autonomous flight systems could be integrated into a 3.6-tonne aircraft. The Cessna Caravan, a civilian aircraft made by Textron, will be the test platform. Ultimately, DAF intends to evaluate how hydrogen technologies could be used in unmanned military applications, potentially reducing engine noise and thermal signature. “The feasibility study will provide greater [...]

Elliott, which had previously led investor revolts against the likes of BP, called for RWE to significantly increase and accelerate its share buyback programme – signalling a push for greater shareholder returns. This follows RWE’s recent decision to reduce its 2025-2030 investment plan by 25% while implementing stricter investment criteria, and raising return targets. While the activist investor said the measures were an “important first step towards more disciplined capital allocation,” it expressed “disappointment” over the lack of clarity regarding RWE’s plans to improve returns. “Given the announced CAPEX reduction and RWE’s persistent undervaluation, we believe there is a compelling [...]

The 440MW project announced in 2021 was planned for Trafigura’s metals subsidiary Nyrstar Port Pirie smelter in South Australia. The first stage of the project would have introduced an 85MW electrolyser plant before it was scaled up to 440MW. Both the government and Trafigura had reportedly committed AUD $2.5m ($1.6m) each towards the project’s design. The initiative would have produced green ammonia for export. However, the project has now been shelved, reportedly never advancing beyond the front-end engineering and design (FEED) phase, and was not included in the Peter Malinauskas Labor government’s hydrogen plans. This is despite the previous Premier [...]

After agreeing on the deal last July, the partners plan to deliver low-carbon hydrogen – produced from methane with carbon capture – via pipeline to the Jubail Industrial City. H2 View understands that the acquisition will also include options for Aramco to offtake core ammonia components hydrogen and nitrogen from BHIG. The network, in combination with Aramco’s carbon capture and storage (CCS) hub in Jubail, will help the firm capitalise on domestic and global opportunities to diversify its energy portfolio, according to the Executive Vice President of Strategy & Corporate Development, Ashraf Al Ghazzawi. “This joint venture is another example [...]

While Next Hydrogen will retain control of its intellectual property and system design, Sungrow – a major Chinese electrolyser manufacturer with 3GW of capacity – will handle large-scale production, including the balance of plant components like pumps and piping. Beginning next year, Sungrow will manufacture Next Hydrogen electrolysers, including the balance of plant systems, such as pumps and piping, for large-scale orders. They are also exploring North American manufacturing to potentially meet ‘locally made’ rules, which could unlock tax incentives under the Inflation Reduction Act (IRA). This approach implies a move to future-proof the company against potential restrictions on foreign-made [...]

Those behind the Extreme E offroad racing series are set to launch its successor, the Extreme H series, later this year. The new racing series will illustrate the potential of hydrogen-powered racing and showcase the Pioneer 25 car. 1895 caught up with Ali Russell and Andy Welch of Extreme H to get the latest developments and hear more on the vision for the series, with Russell kicking things off with the sense of purpose that lies behind the project. “The vision of Extreme H is that it’s an evolution of Extreme E, with purpose at its heart,” says Russell. “If [...]

Despite industry-wide setbacks and recalibration, large-scale industrial hydrogen has made impressive steps to becoming a commercial reality in recent months. From Europe to southern Africa, change is firmly underway. Germany’s largest PEM electrolyser has just gone into operation at BASF’s Ludwigshafen site. The electrolyser has a connected load of 54MW and capacity to supply the main plant with up to one metric tonne of this substantial chemical feedstock every hour. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.