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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

Clean 429
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Northvolt to build third gigafactory in Germany

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Northvolt intends to establish a battery gigafactory in Heide, Schleswig-Holstein, northern Germany. If you use coal in your production, you embed a fair amount of CO 2 into your battery, but if we use clean energy, we can build a very sustainable product. It matters how we produce a battery cell.

Germany 250
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Solaris joins European Clean Hydrogen Alliance

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Bus manufacturer Solaris has joined the European Clean Hydrogen Alliance , an initiative led by the European Commission. The European Clean Hydrogen Alliance is one of the many measures being taken by the European Union to bolster its position as a world leader in the production and deployment of hydrogen in industry and the energy grid.

Hydrogen 259
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UNSW Sydney to lead hydrogen supply chain study with Germany

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Australia and Germany have released national hydrogen strategies to help grow the development of renewable hydrogen as a clean source of energy. Rahman Daiyan, from the ARC Training Center for The Global Hydrogen Economy (GlobH2E), with local and global industry partners including Deloitte, Baringa Partners and MAN Energy.

Germany 210
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Cummins & Sinopec launch JV to produce and promote green hydrogen technologies in China

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The joint venture will accelerate the affordability and availability of green hydrogen through increased technological innovation, research and development, and manufacturing capacity. This joint venture brings together Cummins’ and Sinopec’s innovative spirits and pursuit of a more sustainable tomorrow, enabling a carbon-free economy.

Hydrogen 321
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INEOS to invest more than €2B in electrolysis projects in Europe for green hydrogen production

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INEOS will invest more than €2 billion into electrolysis projects to make zero-carbon, green hydrogen across Europe. Its first plants will be built in Norway, Germany, and Belgium with investment also planned in the UK and France. Hydrogen from the unit will be used in the production of green ammonia.

Hydrogen 170
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BASF breaks ground for cathode active materials production plant in Schwarzheide, Germany

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BASF has officially broken ground for its new cathode active materials (CAM) production plant in Schwarzheide, Germany. BASF’s groundbreaking ceremony today marks a further step in the right direction for Germany’s industrial sector and the establishment of a European value chain for electric mobility.

Germany 243