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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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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). Source: Monolith.

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Next Hydrogen, Black & Veatch sign MoU to develop large-scale integrated green hydrogen solutions

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Next Hydrogen Solutions Inc., a designer and manufacturer of electrolyzers, recently signed a memorandum of understanding (MoU) with Black & Veatch, a global engineering, procurement, consulting and construction company, to offer a complete and integrated solution for producing large-scale green hydrogen for industrial customers.

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STEAG and thyssenkrupp planning joint green hydrogen project

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Essen-based energy company STEAG, Duisburg-based steel producer thyssenkrupp Steel and Dortmund-based thyssenkrupp Uhde Chlorine Engineers, specializing in electrolysis technology, are working on a joint feasibility study. They endorse the development of a hydrogen economy and infrastructure in Germany and in Europe. Hans Blossey.

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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

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Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). Green hydrogen from the plant will be available for domestic customers.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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World’s green hydrogen leaders unite to drive 50-fold scale-up in six years. The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

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Get H2 partners propose green hydrogen pipeline in Europe

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Seven companies from the GET H2 initiative in Europe want to build a cross-border pipeline for green hydrogen. By using green hydrogen in refineries, in steel production and for other industrial uses, the overall project should be able to avoid CO 2 emissions of up to 16 million tonnes by 2030.

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