CIC secures Net Zero shipping deal for Australian hydrogen exports
CIC’s David Green claimed the agreement with Purus Marine is critical in creating a hydrogen product “that truly met the ambitions of energy and derivatives customers.”
CIC’s David Green claimed the agreement with Purus Marine is critical in creating a hydrogen product “that truly met the ambitions of energy and derivatives customers.”
The European Union (EU) is to invest €4.4bn in South Africa’s clean energy industry as part of a global gateway investment package.
Starting with its 400kg capacity hydrogen project in Québec, the two companies will build another 15 projects across North America over the next five years.
Once fully operational, Gascade’s 1,630km pipeline will have a capacity of up to 20GW, enabling the transport of hydrogen from northern Germany to key demand centers in the south.
The current cost of decarbonising technologies is still high, and therefore highly inflationary, according to Larry Fink, CEO and Chairman of BlackRock, the US multinational investment company that manages over a $1 trillion in sustainable...
One MOU will cover the import of green hydrogen in carrier liquids of compressed form for storage, while the other will explore green hydrogen production with PPL.
The European Commission is supporting electrolyser and hydrogen development in Austria and Lithuania through state aid funding worth €400m and €36m respectively.
Market demand and technological challenges continue to confront hydrogen mobility operators, with cuts to fuelling infrastructure being applied in the US, Germany, and Poland, and the closure of a US fuel cell and truck firm.
The EU and India are setting up joint research cooperation on waste-to-hydrogen as part of a collaborative push behind clean technologies.
Overall, REPCO’s project will include the 100MW electrolyser plant, offsites and utilities, hydrogen purification and compression systems, storage facilities and a hydrogen filling station, with commissioning scheduled for 2027.
