Green Hydrogen
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BGC Group’s (BGC) subsidiary Poten & Partners, an integrated energy advisory and brokerage, has launched a global advisory team focused on the hydrogen, ammonia and methanol markets.
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Spanish company Jepri Group signed a Memorandum of Understanding (MoU) with the Government of Ceará for a €3.3 billion green hydrogen plant in the Brazilian state.
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GE Vernova’s power conversion business and Next Hydrogen Solutions have signed a memorandum of understanding for green hydrogen production.
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Canada-based green hydrogen developer EverWind Fuels has secured a C$125 million (USD $ 91.2 million) debt facility from Export Development Canada (EDC) to put toward its Tupper Point, Nova Scotia-based green hydrogen and ammonia project.
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LS Power is set to invest up to $400 million into green hydrogen projects developed by Monarch Energy.
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EDP and ArcelorMittal have signed a memorandum of understanding (MoU) that will see the two cooperate on the development of green hydrogen in Brazil.
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John Cockerill Hydrogen, an electrolyzer manufacturer, has purchased a manufacturing space in Texas to create an electrolyzer gigafactory.
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Green hydrogen development took a giant stride towards bankability as the Department of Energy selected 7 green hydrogen hub winners across 16 states, handing out $7 billion from the Bipartisan Infrastructure Law.
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PCC Hydrogen (PCCH2), a negative carbon intensity hydrogen producer, has entered a memorandum of understanding (MOU) with construction materials solutions provider Summit Materials and its subsidiary Continental Cement Company.
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Integrated energy and fertilizer company Proman has inked an agreement with Mitsubishi to build a low-carbon ammonia facility in Lake Charles, Louisiana. If completed, the plant would create 1.2 million tons of ammonia annually.
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