PARIS : French gas and power utility Engie (ENGIE.PA) said it will miss its target for renewable hydrogen production by 2025 but still expects to have production capacity of four gigawatt by 2030. Engie had set itself a capacity target of 600 megawatt of renewable hydrogen by 2025. However, at the inauguration of a research […]
Hydrogen
Introducing the World’s Largest Green Hydrogen Integrated Project – EQ Mag Pro
The Intergovernmental Panel on Climate Change (IPCC) announced in 2018 that the world must meet net zero carbon dioxide (CO2) emissions by 2050 to prevent global temperatures from exceeding 1.5 degrees Celsius. The goal was internationally agreed upon, with countries worldwide recognizing the importance of preventing global warming to secure the planet’s future. To meet […]
Karnataka plans India’s first green hydrogen cluster in Mangaluru – EQ Mag Pro
The upcoming Global Investors’ Meet (GIM) 2022 will see Karnataka emerging as the lead state in manufacturing green hydrogen in India. BENGALURU: The upcoming Global Investors Meet (GIM) 2022 will see Karnataka emerging as the lead state in manufacturing green hydrogen in India. “The State Government is planning to set up India’s first green hydrogen […]
Nikola, KeyState to collaborate on hydrogen supply – EQ Mag Pro
Electric vehicle maker Nikola Corp (NKLA.O) said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state’s first low-carbon hydrogen production supply chain. However, Nikola said it was working on a definitive agreement with the hydrogen producer to expand supply for Nikola’s fuel-cell electric vehicles. The over 7,000-acre KeyState site is […]
China’s Hydrogen Ambition In The Global Green Technology Race – EQ Mag Pro
China is one of the largest energy consuming countries in the world. China’s energy consumption is currently facing serious threats both in terms of scale and composition. In 2019, coal accounted for 57.7 percent of China’s total energy consumption (a decrease of 1.5 percentage points from the previous year), oil accounted for about 19.3 percent, […]
The future of energy may lie with hydrogen, but the journey to get there won’t be easy – EQ Mag Pro
Hydrogen could be a vital bridge in the transition to renewables but investment, vision and commitment are lacking at a government level. At first glance, there is nothing altogether unusual about the train. Sitting on the platform at Spandau station in the suburbs of Berlin, it looks much the same as every other one. But […]
Svevind will build a 20 GW hydrogen plant powered by renewables in Kazakhstan – EQ Mag Pro
The Swedish renewable energy company Svevind has signed an agreement with the government of Kazakhstan to develop and build a 20 GW green hydrogen plant in the Mangystau province of southwestern Kazakhstan. A final investment decision is expected to be made by 2026 and the project is expected to start producing green hydrogen by 2030, […]
Five charts on hydrogen’s role in a net-zero future
Hydrogen has great potential as a carbon-free energy carrier. Here’s a look at the momentum behind this widely applicable technology. Hydrogen could play a central role in helping the world reach net-zero emissions by 2050. As a complement to other technologies, including renewable power and biofuels, hydrogen has the potential to decarbonize industries including steel, […]
Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion Per Year Market – EQ Mag Pro
The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countries that can export to the EU by 2030. Citigroup analysts are highly bullish on fuel cells. Despite the bright long-term outlook for the hydrogen sector, companies like Plug Power […]
Fund manager Hy24 closes 2 bln euro clean hydrogen infrastructure fund – EQ Mag Pro
LONDON : Fund manager Hy24 Partners has closed what it says is the world’s first infrastructure fund exclusively investing in the whole clean hydrogen value chain to new investments at 2 billion euros ($1.94 billion). The fund, launched a year ago, is focused on scaling up hydrogen technologies. Hy24 is a joint venture between clean […]