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NEOM Green Hydrogen Company completes financial close of $8.4B for world’s largest green hydrogen plant

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Additionally, NGHC also announced that the non-recourse financing structured for the project has been certified by S&P Global (as the second party opinion provider) as adhering to green loan principles and is one of the largest project financings put in place under the green loan framework.

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Researchers find capillary-fed electrolysis cell can deliver hydrogen at 98% cell energy efficiency

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kWh/kg hydrogen (vs. With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. 2 and 85 °C of only 1.51 kWh/kg in commercial electrolysis cells).

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HySiLabs raises 13€M in Series A; siloxane liquid carriers for hydrogen

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HySiLabs, a France-based developer of a siloxane liquid carrier for hydrogen, announced a €13-million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile, with the support of historical investors Kreaxi, Région Sud Investissement and CAAP Création.

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Sasol and ITOCHU to partner on green ammonia and hydrogen

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MUFG Bank Ltd, one of the largest Financial Institutions in the world, and a market leader in sustainable financing solutions, witnessed the signing of the MoU. Green ammonia is produced from green hydrogen, which in turn is produced from renewable electricity (solar and wind) via an electrolysis process.

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Hynfra and Amarenco MENA form strategic partnership to produce hydrogen and ammonia in MENA region

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The strategic partnership is aimed at building infrastructure for the production of hydrogen and its derivatives, primarily ammonia, using electrolysis powered by clean energy resources. Under the agreement, the partnership’s focus will be on producing green ammonia and hydrogen in the MENA region. Hynfra P.S.A.

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thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

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thyssenkrupp has been awarded a contract to perform a technical study for a new green hydrogen and green ammonia project by the Emirati company Helios. It will be the first commercial plant to produce CO 2 -free green ammonia from renewable resources in the UAE. Saiyed, Managing Director of Helios.

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Hysata closes $42.5M AUD Series A to commercialize capillary-fed electrolysis

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Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). Hoang, A.L., Tsekouras, G.