Eternal Power unveils €2.3bn offtake deal for German hydrogen facility
Eternal Power will develop a hydrogen production facility in Germany and has already secured an offtake agreement, according to reports.
Eternal Power will develop a hydrogen production facility in Germany and has already secured an offtake agreement, according to reports.
DNV forecast that global uptake of hydrogen falls far short of Paris Agreement goals, expecting hydrogen and its derivatives to make up just 0.25% of the energy mix by 2030, and 3.9% by 2050.
OCI Global has completed the closing of its 50% share stake in Fertiglobe to Abu Dhabi National Oil Company (ADNOC) for a reported $3.62bn.
Optimising cell design, system control, managing water quality management, material selections and efficient operation are crucial to preventing electrolyser degradation, an H2 View webinar has heard.
Uniper and Sasol have cancelled a 200MW hydrogen-based sustainable aviation fuel (SAF) project in Sweden, according to reports.
The United Arab Emirates (UAE), Oman and Morocco are expected to exceed their hydrogen production capacities for 2030, according to the International Energy Agency (IEA).
Scatec will receive a grant worth €30m ($33m) to partially finance its planned Egyptian green hydrogen project worth €500m ($549m).
The Brazilian Government has made R$6bn ($1.09bn) available to support the development of clean hydrogen hubs that will decarbonise hard-to-abate sectors.
McPhy Energy has cancelled plans to develop a 24MW green hydrogen project just a week after announcing it, after a last-minute withdrawal from the off-taker.
Clyde Hydrogen Systems, AqSorption and Latent Drive are each set to receive £500,000 ($655,347) as part of the Net Zero Technology Centre’s (NZTC) 2024 electrolyser funding competition.
