Indonesia targets $25.2bn green hydrogen investment by 2060
H2 View understands that the Indonesian Government is aiming to invest up to $25.2bn into the green hydrogen sector by 2060.
H2 View understands that the Indonesian Government is aiming to invest up to $25.2bn into the green hydrogen sector by 2060.
The Los Angeles County Metropolitan Transportation Authority will begin introducing hydrogen-powered buses to its fleet before the 2028 Olympic and Paralympic Games.
British startup DRIFT Energy has secured funding to enable the development of a sailing vessel that can harness deep ocean wind to produce green hydrogen at sea.
High prices, a lack of offtake and insufficient incentives led to Ørsted deciding to scrap its FlagshipONE hydrogen-based e-fuels project in Sweden, the Danish energy firm’s European boss has told H2 View.
Celtic Sea Power has secured Innovate UK funding to deliver its Milford Haven: Hydrogen Kingdom (MH: HK) project, focused on pioneering offshore hydrogen production.
Ørsted has shelved its hydrogen-based e-fuels project in Sweden, incurring a DKK 1.5bn ($221m) loss, but says it remains committed to renewable hydrogen.
ATOME has completed a formal Free Trade Zone (FTZ) contract for its 145MW green hydrogen-based fertiliser project in Paraguay.
“We are ready. Now we need more customers to take FIDs,” ITM Power CEO Dennis Schulz, said.
Magnom Properties will begin constructing a hydrogen-powered, 50-storey skyscraper in Egypt next year (2025).
“The timeline for market adoption is clearly moving to the right,” Ballard’s CEO said. “We continue to observe a slow pace of contract awards for new clean hydrogen projects.”
