U.S. Plug Power has signed a purchase agreement with Allied Green Ammonia (AGA) to supply 3 gigawatts (3 GW) of electrolyzer capacity for AGA’s green hydrogen-to-ammonia plant currently under development in Australia.
The European Investment Bank (EIB) has signed a €25 million venture debt financing agreement with hydrogen refueling station developer Resato Hydrogen Technology. The company, headquartered in Assen in the north of the Netherlands, will use the financing to advance the development of its proprietary technology and expand its production capacity in the coming years.Expanding its […]
North Las Vegas, Nevada, USA – Air Liquide has officially opened its largest liquid hydrogen production and logistics infrastructure facility in North Las Vegas, Nevada; the facility and its associated logistics infrastructure are said to represent an investment of $250 million, creating jobs for 700 contractors and setting a world record for the largest liquid […]
In 2014, Toyota’s then president, Akio Toyoda, said he “saw the future” and that the launch of the company’s flagship hydrogen-powered vehicle, the Mirai, would mark a “turning point” in the automotive industry. After selling just 27,500 hydrogen-powered vehicles over the next decade, the world’s largest automaker is no longer so sure. “I can’t say […]
Korea has recently launched a project to design and build the first liquefied hydrogen (LH2) carrier. The LH2 carrier commercialization technology development project was initiated after a planning meeting held at the Hydrogen Ship Technology Center (HSTC) at Pusan National University in December last year. The project lasts for four years and four months and […]
On Friday, the U.S. Treasury Department issued new rules for companies trying to get tax breaks for clean hydrogen fuel. Clean hydrogen fuels could “green” some of the world’s most polluting industries. At the margin, the new rules could help some players in the emerging industry, such as Plug Power and Bloom Energy, but they […]
A hydrogen gas-fired power plant on Jurong Island being built by Singaporean power producer PacificLight Power will be operational by 2029. The company said the project, which will cost about $1 billion, will be the largest and most efficient combined-cycle gas turbine facility in Singapore. It will have a generating capacity of at least 600MW, […]
China’s first “Energy Law of the People’s Republic of China” (hereinafter referred to as the “Energy Law”) came into effect on January 1, 2025, and for the first time, hydrogen energy was explicitly included in the energy management system. Four articles of the Energy Law deal with hydrogen energy, including a reference to actively and […]
A few days ago, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the National Energy Board jointly issued the implementation of “accelerating the implementation of clean and low-carbon hydrogen applications in the industrial sector” (hereinafter referred to as the “implementation program”). It is clear that the cultivation of a number […]
The U.S. Treasury Department plans to release guidance later this week on accessing the hydrogen production tax credits in the Inflation Reduction Act of 2022, according to two Reuters sources familiar with the matter. The much-anticipated guidance will provide a way for hydrogen energy produced through nuclear energy to qualify for those tax credits. However, […]