Green Hydrogen

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.

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.

GE Vernova’s power conversion business and Next Hydrogen Solutions have signed a memorandum of understanding for green hydrogen production.

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.

LS Power is set to invest up to $400 million into green hydrogen projects developed by Monarch Energy.

EDP and ArcelorMittal have signed a memorandum of understanding (MoU) that will see the two cooperate on the development of green hydrogen in Brazil.

John Cockerill Hydrogen, an electrolyzer manufacturer, has purchased a manufacturing space in Texas to create an electrolyzer gigafactory.

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.

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.

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.