UAE signs agreement on green hydrogen projects in Egypt, targets exports to Europe

Egypt’s abundance of sun and wind “generates renewable energy at a very competitive price – a key alarm for green hydrogen production”. Ute Grabowsky | Photothek | Getty Images The United Arab Emirates (UAE) and Egypt’s Hassan Alam Utility have signed an agreement with government-sponsored Egyptian companies to work together on the development of large … Read more

The United Kingdom has targeted additional nuclear, wind, and fossil fuels for energy security.

Along with the increase in nuclear power, the British Energy Safety Strategy is up to 50 GW of wind and 10 GW of hydrogen – half of what is called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The UK government has unveiled details of its long-awaited “bold” energy … Read more

Russia’s invasion makes energy security a major issue. The United States thinks hydrogen could be the answer

Ships to the Port of Rotterdam in February 2022. Federico Gambarini | Picture Alliance | Getty Images Concerns over energy transfer and energy security Russia has been relieved by the invasion of Ukraine. Russia is a major supplier of oil and gas, and in recent weeks several major economies have planned to reduce their dependence … Read more

Hydrogen generation could cost $ 1 trillion a year, says Goldman Sachs

Hydrogen refueling point at a gas station in Berlin, Germany, Wednesday, August 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images Hydrogen plays a key role in any transition to net zero, and the generation could grow to more than $ 1 trillion a year, says Goldman Sachs. “If we want to go to Net-Zero, … Read more

The Danish Energy Fund is running a giant green hydrogen project in Spain.

Wind turbines photographed in Aragon, Spain. Pepe Romeo / 500 pixels | 500 pixels | Getty Images A major project to produce green hydrogen and ammonia has been announced, and those behind it hope that the first phase of construction will begin by the end of 2023. On Tuesday, Copenhagen Infrastructure Partnership announced details of … Read more

Here’s why a solar industry veteran has a big bet on pure hydrogen

Raffi Garabedian, then First Solar City, will speak at the 2017 National Clean Energy Conference. Isaac Breken | Getty Images Entertainment | Getty Images Rafi Garbedian has spent decades working on solar panel technology with First Solar, a photovoltaic company with a market capitalization of nearly $ 8 billion. The technologist went on to acquire … Read more

Green Hydrogen Center Supported by $ 5 Billion Investment for UAE

Solar Panels in Abu Dhabi, April 2019. Marshall Columbus | Photodisc | Getty Images French Inji and Abu Dhabi-based renewable energy business have formed a strategic alliance focusing on the development of hydrogen-related projects. The companies said in a statement late last week that the deal “would explore the development of a green hydrogen plant … Read more

A massive $ 2.6 billion green hydrogen project is planned for Europe

Iibedrola Tower in Bilbao, Spain. SOPA Images | LightRocket | Getty Images Spanish power company Eberdrola and Swedish H2 Green Steel are set to build a major hydrogen power plant. In a statement issued on Thursday, the companies said they would set up a 2.3 billion euro ($ 2.6 billion) project to build a 1-megawatt … Read more

A massive $ 2.6 billion green hydrogen project is planned for Europe

Iibedrola Tower in Bilbao, Spain. SOPA Images | LightRocket | Getty Images Spanish power company Eberdrola and Swedish H2 Green Steel are set to build a major hydrogen power plant. In a statement issued on Thursday, the companies said they would set up a 2.3 billion euro ($ 2.6 billion) project to build a 1-megawatt … Read more

‘There is no business for green hydrogen’ – Siemens Energy CEO

“There is no business,” he told the BBC. During a discussion on CNBC’s Sustainable Future Forum on Tuesday, Christian Bright listed a number of areas that need to focus on increasing green hydrogen speeds. “We need to define this technology and the boundaries that make these issues commercially viable,” Birch told CNBC’s Steve Sedegwick. And … Read more