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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 low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

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India-based ReNew Power, Egypt to invest $8B in green fuels production in Suez Canal zone

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The MoU is preliminary agreement to establish an industrial complex project with total targeted investments estimated at $8 billion, said Yehia Zaki, chairman of the Suez Canal economic zone. The first phase will be in 2023-2025, with about $710 million targeted to produce 100,000 tons of green ammonia and 20,000 tons of green hydrogen.

Egypt 259
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Nearly 20% of intact tropical forest landscapes overlap with extractive industries

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A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. The total area of overlap is 376,449 square miles (975,000 square kilometers), about the size of Egypt. Grantham Hedley S.,

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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0

Global 259
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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products. These options receive EU subsidies and drive activity within the gas/hydrogen industry, but they may not be most efficient for bulk transport.

Europe 370
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ACMA‘s Global Summit and Expo places India at the forefront of EV parts production, innovation – ET Auto

Baua Electric

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd. billion to 4 billion in manufacturing and R&D over the past five years.

India 52
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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. According to Nissan, elsewhere in the world the global motorization average is 182 vehicles per 1,000 people versus 42 per 1,000 in Africa.

Tunisia 52