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Portuguese-Canadian Joint Venture Plans $1.04 Billion Hydrogen Plant

A massive venture is developing between Canadian and Portuguese companies. According to Reuters, Canadian renewable energy company Neogreen Hydrogen and Portuguese developer of photovoltaic solar parks Frequent Summer announced plans to invest over 1 billion euros ($1.04 billion) in a green hydrogen plant in Portugal. Green hydrogen, which is produced using renewable electricity such as

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Fund Raises €2bn as Interest in Hydrogen Grows from Investors

Some major global companies and financial institutions are working together to invest in green hydrogen projects. This fund, backed by companies and institutions including TotalEnergies, Baker Hughes, and Axa, has raised €2bn ($1.94bn) to invest in green hydrogen projects as it seeks to tap into the growing adoption of the zero-carbon fuel.  According to the

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Green Hydrogen Development Continues to Grow Globally

Green hydrogen is being hailed as a potential replacement for natural gas, and many countries around the world are investing heavily in this growing energy source. Green hydrogen could be a critical enabler of the global transition to sustainable energy and net zero emissions economies. This energy source comes from hydrogen generated by renewable energy

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Canadian-Based Irving Oil Switching to Hydrogen over Natural Gas in Refining Process

A family-owned oil, gasoline, and natural gas company in Canada is taking a major step toward lowering its carbon emissions. Irving Oil, which is based out of St. John, is expanding its hydrogen capacity at its New Brunswick refinery in order to offer clean energy to customers. According to The Canadian Press (via Energy Now),

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Abu Dhabi ADNOC and Masdar to join BPs UK hydrogen projects

ADNOC – the UAE’s largest energy company – will take a 25% stake in the design stage of bp’s blue hydrogen project, H2Teesside. This will be ADNOC’s first investment in the UK. bp and ADNOC will now advance the project, initially to the next stage of design, the pre-FEED stage. H2Teesside is expected to kickstart

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Houston region is poised to become a global clean hydrogen hub, according to a new report

Houston, long considered the “Energy Capital of the World,” is well-positioned to leverage all of our state’s and region’s vast energy resources to become a clean hydrogen hub, according to a new report.   Houston (May 23, 2022) – With the U.S. Department of Energy set to announce plans for $8 billion in funding for

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European Commission aims to swap Russian gas for renewables

Regional escalation has put member states of the European Union at a crossroads – stay dependant on Russia as an energy provider (supplier of more than 40% of the EU’s gas supplies), or find an alternative to keep homes warm and lights on.   As part of a strategy to lower the EU’s dependency on

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Demand for renewable should rise with low-carbon hydrogen

The continued expansion of global hydrogen production capacity has sparked a surge in interest in low-carbon power generation options. According to Energy Capital & Power, energy developers have begun to look at low-carbon hydrogen production and power generation technologies, as well as their adoption into the mobility and industrial sectors, as a way to transition

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Hydrogen planes, future of aviation

According to the CEO of Airbus, if aviation does not decarbonize in a timely manner, it will face significant issues, adding that hydrogen planes are the solution for the mid and long term. Guillaume Faury, speaking to CNBC’s Rosanna Lockwood after his company reported earnings earlier in the day, said aviation will possibly face enormous

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New hydrogen engine by Toyota & Yamaha

As part of the two companies’ continuous commitment to internal combustion, Yamaha is developing a hydrogen-fueled 5.0-liter V8 engine for Toyota. Late last year, five Japanese automakers(Toyota, Yamaha, Mazda, Kawasaki, and Subaru) held a joint press conference to declare their interest in expanding fuel options while other global automakers embrace full electrification. Following Toyota’s deployment

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