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Energy news

3M Supports Green Hydrogen Innovation with Investment in Ohmium International

July 22, 2024July 22, 2024 Greenh2 team

3M (NYSE: MMM) has announced a strategic investment in Ohmium International, a leader in the development of electrolyzer systems for green hydrogen production. This move

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Messer to Construct Green Hydrogen Plant in Brainergy Park Jülich
Energy news

Messer to Construct Green Hydrogen Plant in Brainergy Park Jülich

July 18, 2024 Greenh2 team

Messer, the largest privately owned company specializing in industrial, medical, and specialty gases, has announced plans to build a new green hydrogen production facility in

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Germany Launches Major Green Hydrogen Initiative with €72.5 Million Grant
Energy news

Germany Launches Major Green Hydrogen Initiative with €72.5 Million Grant

July 17, 2024July 17, 2024 Greenh2 team

In a significant boost to Germany’s green energy infrastructure, the German Federal Minister for Economic Affairs and Climate Action, Dr. Robert Habeck, together with Dr.

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Joby Aviation Achieves Milestone with 523-Mile Hydrogen-Electric Flight
Energy news

Joby Aviation Achieves Milestone with 523-Mile Hydrogen-Electric Flight

July 15, 2024 Greenh2 team

Joby Aviation, a pioneer in next-generation aviation technologies, has successfully completed a groundbreaking 523-mile flight using a hydrogen-electric air taxi. This flight, conducted over Marina,

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Dynelectro Secures €20 Million to Launch Innovative Green Hydrogen Technology
Energy news

Dynelectro Secures €20 Million to Launch Innovative Green Hydrogen Technology

July 14, 2024 Greenh2 team

Dynelectro, a leader in sustainable energy technologies, has successfully closed an €11 million funding round, marking a significant leap forward in green hydrogen production. This

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Scatec Announces Major Progress in Egypt Green Hydrogen Project with New Offtake Agreement
Energy news

Scatec Announces Major Progress in Egypt Green Hydrogen Project with New Offtake Agreement

July 12, 2024 Greenh2 team

Scatec ASA, in collaboration with partners Fertiglobe, Orascom Construction, The Sovereign Fund of Egypt, and the Egyptian Electricity Transmission Company, has achieved a significant milestone

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Lhyfe, a leader in the production of green and renewable hydrogen, has secured a grant of approximately €11 million (SEK 125.6 million) from Klimatklivet, a Swedish Environmental Protection Agency-backed investment program. The funding will support the construction of a renewable hydrogen production facility in Trelleborg, Sweden's southernmost city and a pivotal transport hub. Trelleborg, recognized as Scandinavia's largest roll-on roll-off harbor, is a crucial gateway where 10% of Sweden's exports and imports are transacted annually. As the transportation and logistics sectors seek cleaner vehicle alternatives like hydrogen-powered electric vehicles, there is a growing demand for green hydrogen to fuel the area's expanding network of refueling stations. The new plant is projected to produce up to four tons of green hydrogen daily from a 10 MW installed electrolysis capacity, significantly contributing to the region's zero-emission goals. Operations are expected to commence in 2027, with the first production of green hydrogen. The grant will cover about 40% of the project's total estimated costs, encompassing development, design phases, equipment supply, and construction activities. Lhyfe stands as a pioneer in utilizing water electrolysis powered by renewable electricity for hydrogen production. Its initial plant in Bouin, France, has been operational since the second half of 2021, and additional sites have been launched in Occitanie and Brittany as of December 2023. Currently, Lhyfe is expanding with five more sites across Europe and employs 195 dedicated staff. The company's project pipeline spans approximately 10 GW in Europe, covering 12 countries. Sara Wihlborg, Lhyfe’s Country Manager for Sweden, expressed enthusiasm about the grant: "We are thrilled to receive this grant, marking our first subsidized project in Sweden. It not only recognizes our expertise in green hydrogen production and delivery but also reaffirms our commitment to Sweden's environmental agenda. This project is pivotal for bolstering green hydrogen supply for mobility in southern Sweden, aligning with our goal to expand green hydrogen use across the nation for both mobility and industrial applications." The realization of this project is contingent upon the approval of necessary operating authorizations, construction permits, and final investment decisions.
Energy news

Lhyfe Secures €11 Million Grant to Build Green Hydrogen Plant in Sweden’s Transport Hub

July 3, 2024 Greenh2 team

Lhyfe, a leader in the production of green and renewable hydrogen, has secured a grant of approximately €11 million (SEK 125.6 million) from Klimatklivet, a

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Plug Power Hits 7.5 GW Milestone in Global Electrolyzer Contracts
Energy news

Plug Power Hits 7.5 GW Milestone in Global Electrolyzer Contracts

June 25, 2024 Greenh2 team

Plug Power Inc. (NASDAQ: PLUG), a pioneering force in the green hydrogen economy, has reached a major achievement by securing 7.5 gigawatts (GW) in global

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Steel Titan ArcelorMittal Shifts Production to the U.S. Due to High Green Hydrogen Costs in Europe
Energy news

Steel Titan ArcelorMittal Shifts Production to the U.S. Due to High Green Hydrogen Costs in Europe

June 18, 2024 Greenh2 team

Amid efforts in Sweden to produce steel using hydrogen, giants like LKAB, SSAB, and Vattenfall under the Hybrit initiative, and H2 Green Steel with similar

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Essar Group is set to invest Rs 30,000 crore over the next four years to establish a green hydrogen plant at Jamnagar, Gujarat. This initiative is part of a broader strategy to embrace clean energy technologies and decarbonize its global operations, including its oil refinery in the UK and a new green steel plant in Saudi Arabia. Prashant Ruia, director of Essar Capital, outlined the conglomerate's comprehensive approach which includes decarbonizing its oil refineries, creating a green steel manufacturing facility, and developing an LNG and electric ecosystem for decarbonizing long-haul heavy trucks. The group is also exploring the mining of critical minerals used in electric vehicle batteries and other renewable technologies. The planned green hydrogen plant in Jamnagar aims to develop a hydrogen production capacity of 1 gigawatt along with an associated annual capacity of 1 million tons of green molecules. This ambitious project, termed Essar Future Energy, will leverage 4.5 GW of renewable energy from Essar Renewables to split water molecules, producing hydrogen and oxygen. This hydrogen, a zero-emission fuel, will power vehicles, generate electricity, and heat homes and businesses, significantly cutting 41,000 tonnes of CO2 emissions annually from the site. Additionally, Essar plans to streamline the production process by creating green molecules that can be transported more efficiently than green ammonia, which traditionally requires conversion back into hydrogen. This innovative approach aims to reduce costs and enhance the feasibility of green fuel exports, particularly in the biofuels sector. The expansion plans also include increasing Essar Power's electricity generation capacity, particularly through renewable energy platforms, to about 10,000 MW in the next 3-5 years. This includes expanding the Salaya-DevBhoomi Dwarka thermal power plant in Gujarat by an additional 1,600 MW to support the region’s base-load energy needs. In terms of green mobility, Essar is developing an LNG and electric truck ecosystem to reduce emissions from long-haul transportation, which includes operating a fleet of 450 to 500 LNG-powered trucks and developing electric trucks for shorter ranges. Furthermore, Essar is enhancing its capabilities in gas production from coal seams and is the leading producer of coal bed methane in India, with plans to significantly increase its gas production. The group is also exploring potential shale gas opportunities in West Bengal. Internationally, Essar plans substantial investments to reduce the carbon footprint of its operations, including a $3.6 billion initiative to decarbonize its Stanlow refinery in the UK and a $4 billion project to establish a green steel plant in Saudi Arabia that utilizes hydrogen.
Energy news

Essar Group Announces Multibillion-Dollar Investment in Green Energy Initiatives Across Global Operations

June 18, 2024 Greenh2 team

Essar Group is set to invest Rs 30,000 crore over the next four years to establish a green hydrogen plant at Jamnagar, Gujarat. This initiative

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