Category: Green Hydrogen

Bangladesh sets up a research centre and pilot project for hydrogen technologies

Bangladesh has announced that it has set up a research centre and a pilot processing plant for hydrogen-based technologies. In addition to producing hydrogen, the plant will also produce waste and biomass which will be used as feedstock. For this, the Bangladesh Council of Scientific and Industrial Research (BCSCIR) has kickstarted the training of scientists to work towards setting up a full-fledged Hydrogen Energy Laboratory as part of the project.

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SK Group and Plug Power partner to promote hydrogen-based technologies in Asia

A strategic partnership has been announced between United States-based hydrogen fuel cell provider Plug Power and the South Korean SK Group to promote hydrogen-based technologies in the Asian Market. Accordingly, SK Group will be investing $1.5 billion to acquire a 9.9 per cent pro forma ownership stake in Plug Power, thereby forming a joint venture company in South Korea. Plug SK Group’s US subsidiary will purchase around 51.4 million shares for $29.28 per share, and the transaction is expected to close in the first quarter of 2021.

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