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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

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Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

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Consortium developing green hydrogen megaproject in Oman

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An international consortium comprising OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, is developing an integrated green fuels mega project in Oman.

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bp to take a 40.5% stake and operatorship of the AREH green hydrogen hub megaproject in the Pilbara

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equity stake in and to become operator of the Asian Renewable Energy Hub (AREH) , which has the potential to be one of the largest renewables and green hydrogen hubs in the world. million tonnes of green hydrogen or 9 million tonnes of green ammonia, per annum. bp will acquire a 40.5%

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Sinopec Xinjiang Kuqa green hydrogen pilot project enters operation

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China Petroleum & Chemical Corporation (Sinopec) announced that the Green Hydrogen Pilot Project in Xinjiang Uygur Autonomous Region in northwest China, has begun producing green hydrogen to replace natural-gas-based hydrogen in its refinery in Xinjiang.

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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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Sasol and ITOCHU to partner on green ammonia and hydrogen

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South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. Japan is expected to be a large importer of green ammonia in the future.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor also plans to divest its wind and solar assets. By doing so, we use our strengths, competitive advantages and resources to drive shareholder returns and value over the long term and help us meet our emissions reduction targets. —Mark Little, Suncor president and CEO.

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