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State Power Investment Corp to invest $5.85 billion in Chinese green hydrogen

Hydrogen Fuel News

The company intends to produce H2 using wind power installed in northeast China. State Power Investment Corp (SPIC) of China has announced that it will make a $5.85 billion (42 billion yuan) investment into green hydrogen produced using wind energy installed in northeast China.

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Canada to invest in H2Global to support hydrogen market creation

Hydrogen Fuel News

The North American country is joining a German- and Dutch-supported effort to boost H2 Canada is preparing to join an effort backed by Germany and the Netherlands to help give the hydrogen market a boost. That said, the actual amount of the investment was not disclosed at that time. Take our fun and engaging Hydrogen Quiz now!

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Could green hydrogen be key to a carbon-free economy? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. Green hydrogen? Green hydrogen can do that.". Jim Robbins.

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Green hydrogen projects in Morocco need land, government offers 1 million hectares

Hydrogen Fuel News

million acres) of public lands to develop green hydrogen. What’s more, due to how closely it is located to Europe, it seeks to increase clean power supply to the continent. Green hydrogen development via the Morocco Offer. There’s no denying that the country possesses an abundance of solar and wind power resources.

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Ontario forges ahead to use hydrogen fuel as clean alternative power

Hydrogen Fuel News

The Canadian province’s government has invested millions in hydrogen innovation. Moving forward with its commitment to expand the use of hydrogen fuel as a clean and low-carbon alternative fuel, the Ontario government announced the first projects that will receive funding via the Hydrogen Innovation Fund.

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Wind Power Giant Vestas Launches Venture Capital Fund

GreenTechMedia

Vestas Ventures will focus on four areas: long-duration storage and other grid flexibility technology; "power-to-X" technologies to use renewable electricity to produce carbon-neutral fuels; wind energy technologies; and sustainability and advanced materials. Vestas not scouting for acquisitions.

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Wind Energy’s Tumultuous Journey Finds Respite in an Unlikely Ally

Hydrogen Fuel News

This stagnation starkly contrasted the burgeoning developments in the electric vehicle (EV) and solar sectors, which seemed to advance with unstoppable momentum. The International Energy Agency estimates that to meet global energy goals, we need to be installing 320 GW of wind power annually by 2030.