Power

Topsoe has signed a contract with Allied Green Ammonia to provide its dynamic green ammonia technology for a plant in Gove, Northern Territory, Australia.

Siemens Energy continues to wrestle with technical and ‘ramp up challenges’ with its Gamesa wind division after posting a €4.6bn full-year net loss – and securing €12bn in credit lines.

Finnish steelmaker SSAB has signed a letter of intent (LOI) to decarbonise all of its deliveries to Scania’s heavy-duty vehicles in 2030, using hydrogen-based steel production technology.

Renewables capacity needs to increase substantially and hydrogen and derivatives need an eight-fold increase to meet a Pathway to Net Zero (PNZ) by 2050, according to DNV’s Energy Transition Outlook 2023 report.

Waste-to-energy developer Patriot Hydrogen is to list on the London Stock Exchange in 2024 to provide capital for UK and Australian expansion.

SunGas Renewables has been selected to supply green methanol to an Australian hydrogen project in northern Tasmania.

TESCanada H2 aims to commission its newly unveiled $4bn Mauricie project in Québec from 2028.

Plug Power’s net losses have grown to over $725m for the nine-months to September 30, 2023, as it says it has been negatively impacted by “unprecedented supply challenges in the hydrogen network in North America.”

Japan and South Korea are poised to announce closer collaboration in building a hydrogen and ammonia supply chain.

NEOM has opened its first international office in London, which will serve as a base for its business across Europe.