Previously selected for funding under the Conservatives, Reeves, in the first Labour budget for 14 years – and the first budget of a female chancellor – confirmed that the revenue support will be carried out. © HM Treasury “Today, I am providing funding for 11 new green hydrogen projects across England, Scotland and Wales,” Reeves [...]

Set to be built in Pulau Seraya Power Station (PSPS) on Jurong Island, the plant will represent GE Vernova’s first hydrogen-blended natural gas-fuelled facility in Singapore. YTL PowerSeraya will operate the plant and lead the $604m project, which is anticipated to begin operations in 2027. GE Vernova will be supported by POWERCHINA and Sepco II [...]

The grant will support 55 selectees across 27 states, with the Port of Baltimore’s Maryland Port Administration set to reportedly receive $147m. H2 View understands that the funding will be sourced from the Environmental Protection Agency’s (EPA) Clean Ports fund and financed by the Inflation Reduction Act (IRA). It’s expected that the $3bn will pay [...]

The incoming CEO will replace Peter Friis who was appointed in 2023. The announcement comes shortly after the Danish electrolyser manufacturer revealed cost-cutting and restructuring measures in response to slow market adoption of hydrogen and delays in commercialising its X-Series electrolyser. Read more: Green Hydrogen Systems undergoes major restructure to cut costs by 50% “Q3 [...]

The Energy Technology Perspectives 2024 report expects electrolyser manufacturing investments to peak “well before” 2035 in all three of its scenarios. In the Announced Pledges Scenario (APS), the report expects 60GW of cumulative manufacturing capacity to be built over 2024-2030 – 55% of all new capacity built up to 2050. The 110GW of cumulative capacity [...]

The Indo-German Green Hydrogen Roadmap was announced during the 7th Inter-Governmental Consultations (IGC) in New Delhi, attended by German Chancellor, Olaf Scholz, and Indian Prime Minister Narendra Modi. Specifically, the roadmap is expected to promote private-sector investments and intensify information exchange, particularly in hard-to-decarbonise sectors and create policies to encourage the production, trade, export and [...]

Project Re:claim, a joint venture between charity-owned Salvation Army Trading Company (SATCoL) and Project Plan B, is a commercial-scale polyester recycling plant in Kettering, planning to recycle 2,500 tonnes of polyester waste in 2024. With some 300,000 tonnes of textile items thrown into household waste in the UK alone, Project Plan B, CEO, Tim Cross, [...]

Located in the Shanxi Province, the hub will provide electric charging, liquefied natural gas (LNG) refuelling and hydrogen refuelling to support fleets of Jinnan Steel and nearby factories. Hangyang has said it will be capable of refuelling over 400 hydrogen-powered heavy-duty trucks. The hydrogen, reported to have a purity level of 99.9%, is extracted from [...]

bp has revealed that it has stopped the development of 18 early-stage hydrogen projects as part of its focus on higher return projects. In its Q3 results, where the oil and gas firm reported a 30% drop in profits to $2.3bn, CEO, Murray Auchincloss, told investors that bp had “stopped or paused” 24 potential projects [...]

Under a non-binding letter of intent, AM Green will supply its hydrogen-derived ammonia from its various plants located across India. The offtake agreement forms part of a wider Memorandum of Understanding (MOU), in which the two companies plan to conduct feasibility studies on low-carbon chemicals production in India, including a joint evaluation of potential technologies. [...]