Research outfit Rethink Energy says the green hydrogen market could reach $850 billion in value by 2050.
Dutch and Brazilian ports have signed a cooperation deal involving port development and green hydrogen production, while Thyssenkrupp Nucera has released a new alkaline water electrolysis (AWE) module.
India will use its internal market to scale up hydrogen projects, with Germany as a possible export destination. As part of a broader strategy, the countries will collaborate on a financial and technological level on energy transition projects.
FuturaSun is betting on a vertical integration strategy with the launch of a 10 GW solar cell factory in Huai’an, China. It aims to start production in spring 2024.
The Australian government has presented its 2023-2024 budget, with AUD 2 billion ($1.35 billion) to be invested in hydrogen, while Austria, Germany, and Italy said they have started moving forward on a southern hydrogen corridor from North Africa to Northern Europe.
Researchers at the VTT Technical Research Centre of Finland said that chemical energy storages were needed for short and long-term balancing in every climate region, especially in the northern climates. Meanwhile, companies are moving forward with their plans to produce hydrogen in Namibia and Morocco.
Researchers from Switzerland’s École Polytechnique Fédérale de Lausanne have unveiled a new solar dish plant design, while Plug Power has delivered its first electrolyzer system to Europe.
Deloitte says blue and green hydrogen could supply 13% of US industrial process heat by 2050 with strong policy incentives, carbon pricing, and hydrogen supply targets as primary policy variables.
A Scandinavian research team has investigated the best set-up for energy islands, to determine whether they are better achieved with submarine cables or hydrogen infrastructure.
Salzgitter Flachstahl says it will produce hydrogen with green electricity from a wind power plant under construction by Iberdrola in the Baltic Sea. German Minister of Economics Robert Habeck, meanwhile, has announced funding for the Salzgitter Low CO2 Steelmaking transformation program.
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