Hero Future Energies Private Limited (HFEPL) has inked a Memorandum of Understanding (MoU) with the Government of Karnataka in India to invest Rs 110 billion in renewable energy and green hydrogen. The investment will be utilised in establishing Renewable Energy, Green Hydrogen, and its derivatives projects in Karnataka for two to three years.
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Egypt’s General Authority for Investment and Free Zones (GAFI) has partnered with Polish company Hynfra to develop a green ammonia production facility with an initial investment of $1.6 billion. The first phase of the plant will be powered entirely by renewable energy, such as solar and wind. Surplus electricity will contribute to Egypt’s national grid, while the facility will export its output to the European Union under long-term agreements.
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TotalEnergies has partnered with Air Liquide to produce renewable hydrogen at its La Mède biorefinery in southeast France as part of its plan to decarbonise hydrogen used in its European refineries by 2030. The renewable hydrogen will be used at the biorefinery to produce biodiesel and sustainable aviation fuel (SAF). The production is expected to begin in 2028.
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The primary challenge to the widespread uptake of low-emissions hydrogen in the US continues to be reducing the cost gap between that hydrogen and its fossil fuel–based equivalent without resorting to stringent measures that force end-users to switch to lower-carbon solutions. The US government has initially supported hydrogen supply mainly through generous PTCs (up to $3/kilogram) that are structured to incentivize lower carbon intensity hydrogen. This post introduces measures drawn from the hydrogen sector and beyond in other countries that could be used to address this issue, whether at the federal or state level or by the private sector.
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The European hydrogen market is beginning to take shape, driven by ambitious EU-wide strategies and national policies. This report marks the start of ACER’s monitoring work on this emerging sector, in line with the hydrogen and gas decarbonisation package. It takes stock of recent developments and highlights key challenges from a regulatory standpoint. The report concludes that the current renewable hydrogen consumption remains minimal, and while EU renewable energy and decarbonisation targets could drive the demand, uptake so far has been slow.
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Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have inked a Joint Study Agreement (JSA) to supply 200,000 tonnes of green hydrogen annually to Germany, starting in 2030. The partnership will establish a green hydrogen production facility in Brazil, integrated with the power grid and utilising electricity sourced from hydropower and other renewable energy options.
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Green hydrogen is a catalyst for India’s transition to a low-carbon economy. It offers a sustainable energy solution that harnesses renewable sources to decarbonise industries and reduce reliance on fossil fuels. This clean energy carrier has the potential to significantly decrease imports of fossil fuels and support India in achieving its climate goals. With a robust and evolving electricity grid infrastructure, India is well positioned to provide reliable and steady power necessary for green hydrogen production.
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HydrogenPro and J.H.K have announced an exclusive partnership to drive green hydrogen projects across several European countries namely, Germany, Austria, and the Benelux region. As part of this partnership, HydrogenPro will be a supplier of its advanced high-pressure alkaline electrolyser technology, while J.H.K. will serve as the plant integrator and EPC contractor.
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Elcogen has been selected for the European Union’s 2024 Innovation Fund grant in Tallinn, Estonia. The grant, totaling €24.9 million, will support Elcogen’s expansion of its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Estonia. This grant will aid in the transition to green energy and the efficient production of green hydrogen.
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The Moroccan government and TE H2, alongside its partners, have signed a Preliminary Contract for Land Reservation for the ‘Chbika’ project. TE H2 is a joint venture between TotalEnergies and the EREN Group. This collaboration allows TE H2 along with two Danish companies to initiate pre-FEED studies.
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The European Union has granted funding to thyssenkrupp nucera’s advanced SOEC project, allocating up to €36 million to support the construction of a 300 MW green hydrogen production plant. The project will employ Solid Oxide Electrolyzer Cell (SOEC) technology, licensed by Fraunhofer IKTS
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Cadiz and RIC Energy have partnered to establish a green hydrogen facility at Cadiz Ranch in the Mojave Desert. Under this agreement, Cadiz will provide land and water resources to support RIC Energy’s production of 100 per cent green hydrogen, powered by solar energy.
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Statkraft has been selected to negotiate a grant of up to €107 million for its project, which includes a 200 MW electrolysis plant and a 50 MW heat pump system. This setup has the potential to produce up to 20,000 tonnes of renewable hydrogen and 50,000 MWh of green heat annually. The funding comes from the EU Innovation Fund,.
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The European Investment Bank (EIB) has signed a €120 million loan with Iberdrola to support the advancement of energy technology research and innovation, accelerating the electrification and decarbonisation of the economy. The total investment linked to these projects is valued at €250 million. This funding will be directed toward the development of renewable energy technologies, including solar photovoltaic, hydro, and wind power, as well as hybrid and agrovoltaic projects.
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Lhyfe has signed a Memorandum of Understanding (MoU) with KEYOU to advance hydrogen mobility in Germany and Europe. Lhyfe is constructing a production plant in Schwäbisch Gmünd, near Stuttgart, Germany, which is expected to be operational by year-end. The facility will produce up to 4 tonnes of green hydrogen daily (with a 10 MW installed capacity). Lhyfe has secured a 15-year corporate PPA with EDP Renewables to ensure a steady supply of renewable electricity.
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India has set an ambitious target of producing 5 million tonnes per annum (MTPA) of green hydrogen by 2030 with an aim to mitigate 50 million tonnes of CO2 and reduce energy imports by INR 1 lakh crore. Electrolysers play a critical role in the green hydrogen production process and constitute 30–50 per cent of the total cost of green hydrogen. The electrolyser market in India is expected to grow to 20 GW by 2030, 112 GW by 2040, and 226 GW by 2050. The report indicates that about 72 per cent of the PEM electrolyser manufacturing cost can be readily indigenised.
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Ohmium International signed a term sheet with SwitcH2 BV. As part of this agreement, Ohmium will develop PEM electrolyzer systems for an innovative 300 MW offshore floating green hydrogen and ammonia synthesis project led by SwitcH2. Ohmium will supply 300 MW of PEM electrolyzer solutions, which will be installed on SwitcH2’s 268-metre FPSO vessel.
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VNG AG has signed a letter of intent with Algerian energy firms Sonatrach and Sonelgaz, SNAM, SeaCorridor, and VERBUND. The agreement reflects the commitment of these companies to jointly assess the feasibility of large-scale green hydrogen production in Algeria and its export from North Africa via the proposed “South H2 Corridor” to Italy, Austria, and Germany.
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E.ON Hydrogen has appointed ANDRITZ to conduct an engineering study for a green hydrogen electrolyzer plant in Essen, Germany. This project is ANDRITZ’s second green hydrogen order from Germany within a year. The plant, with a 20 MW capacity, is designed to produce 2,300 tonnes of green hydrogen annually.
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Scatec ASA’s Egypt Green Hydrogen project has signed an agreement with the PtX Development Fund, securing a €30 million grant to partially fund the project. The total capital expenditure for the initiative is projected at approximately €500 million. The PtX Development Fund aims to support Power-to-X projects in developing and emerging nations.
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