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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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Advent Technologies and Alfa Laval partner in marine methanol-powered fuel cell development project

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Advent Technologies Holdings will collaborate with Alfa Laval, a global provider of heat transfer, separation, and fluid handling products, on a project to explore applications of Advent’s methanol-powered high-temperature proton exchange membrane (HT-PEM) fuel cells in the marine industry.

Mariner 334
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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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Wärtsilä gas engines to burn 100% hydrogen

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The technology group Wärtsilä is developing the combustion process in its gas engines to enable them to burn 100% hydrogen fuel. Wärtsilä has researched hydrogen as a fuel for 20 years, and has tested its engines with blends of up to 60% hydrogen and 40% natural gas.

Hydrogen 468
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GEV and Pacific Hydro sign MoU to explore export of green hydrogen using new compressed H2 ship

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Australia-based Global Energy Ventures (GEV) and Pacific Hydro Australia Developments Pty Ltd (Pacific Hydro) have executed a Memorandum of Understanding (MOU) to explore opportunities regarding the production, storage, loading, ground and marine transportation of green hydrogen produced by Pacific Hydro’s Ord Hydrogen Project.

Hydrogen 397
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Ferguson Marine and partners to develop renewables-powered hydrogen ferry: EU-funded HySeas III project

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Port Glasgow-based Ferguson Marine Engineering Limited has successfully led a European consortium in a bid for EU funding support for the building and launch of the first sea-going car and passenger ferry fueled by Hydrogen. The supported development is expected to cost around €12.6 million (US$14.6 million) of which €9.3

Mariner 170
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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

Renewable 210