Asia-Pacific

WoodMac says cost-competitive fossil fuels and insufficient transportation and storage infrastructure will prevent a surge in Indian green hydrogen demand by 2033.

Eight companies, including AM Green, Waaree and Reliance secured Bucket 1 awards, while Matrix Gas and Renewables was the sole Bucket 2 recipient.

The 10-year production credit, under the first AUD $2bn ($1.26bn) Hydrogen Headstart package, will be paid at “production milestones” to support the project’s development.

Last month, the government rejected Stanwell Corporation’s AUD $1bn funding request for the green hydrogen project. Now, key partner and potential offtaker, Iwatani, has reportedly walked away.

InterContinental Energy CEO, Alex Tancock, says Australia’s hydrogen policies signal a shift towards clean energy leadership, but long-term success hinges on demand creation and integrated industries to drive costs down.

The electrolyser-making subsidiary of Sungrow said it would deliver 16 alkaline electrolyser units to state-owned China Coal Ordos Energy Chemical’s 100,000-tonne Liquid Sunshine demonstration project.

“A key challenge is the cost of using an electrochemical process to completely break down organic materials and extract all heavy metals from waste,” NTU said.

The vessel’s 2,700kW hydrogen fuel cell integrates battery storage, optimising efficiency by storing excess energy for low-load operations and boosting power during high-output demands.

New mandatory regulations for using hydrogen and ammonia fuel in ships are unlikely before 2028 at the earliest, according to a white paper by ships classification organisation DNV.

Ed Husic, Minister for Industry and Science, said, “Demand for green metals is expected to account for a third of the global metals market in coming years, this is an opportunity we cannot afford to miss.”