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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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Germany and Australia to establish alliance on green hydrogen supply chain

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German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa active and upcoming capacity combined.

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Western Australia: A global hub for the battery and critical minerals industry

Innovation News Network

The post Western Australia: A global hub for the battery and critical minerals industry appeared first on Innovation News Network.

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W Australia to host $135M national battery research hub: Future Battery Industries CRC

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Western Australia will host a national consortium to position Australia as a global leader in the manufacture and supply of batteries after a A$135-million (US$96.4-million) million) industry-backed research hub was supported by the Federal Government. billion benefit to the Australian economy over the next 15 years.

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CSIRO roadmap finds hydrogen industry set for scale-up in Australia

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An economically-sustainable hydrogen industry in Australia could soon be on the cards according to a blueprint released by CSIRO, the national science agency, which found that cost-competitiveness is firmly on the horizon. Source: CSIRO. —CSIRO Chief Executive Dr Larry Marshall. —CSIRO Chief Executive Dr Larry Marshall.

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RWE and H2U partner to develop global hydrogen trading between Australia and Germany

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RWE Supply & Trading and Australian hydrogen project developer The Hydrogen Utility Pty Ltd (H2U) have joined forces to develop hydrogen trading between Australia and Germany. Together, they aim to bring green hydrogen produced in Australia to Europe. RWE is also constructing renewable energy plants in Australia.

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