H2LAC 2024 Market News

Hyundai Motor announces US$1.1 billion investment in Brazil for green technology

February 29, 2024

Hyundai Motor is set to invest over US$1.1 billion in Brazil by 2032, focusing on technology for hybrid, electric, and green hydrogen cars Source: Reuters

Casa dos Ventos unveils US$2.4 billion investment plan in renewable energy and green hydrogen ventures

February 29, 2024

Brazilian renewable energy developer, Casa dos Ventos, plans to invest over US$2.4 billion in renewable energy assets by 2026. The company is currently exploring opportunities in green hydrogen, particularly targeting the domestic steel and fertilizer industries. They are currently engaged in a project at the Pecem Industrial Complex in Ceara state to produce green hydrogen […]

Petrobras and SENAI-ER forge alliance to study green hydrogen with pilot plant

February 15, 2024

Petrobras and SENAI-ER are teaming up to construct a pilot electrolysis plant in Brazil to study the green hydrogen value chain. With a three-year investment of around US$18 million, Petrobras aims to analyze the performance of microturbines and assess structural integrity using hydrogen and natural gas mixtures. Source: Renewables Now 

CEGA studies the feasibility of a green hydrogen project utilizing geothermal energy in Chile

January 19, 2024

The Center of Excellence in Geothermal Energy of the Andes (CEGA) of the University of Chile is set to carry out a feasibility study for a green hydrogen project that will utilize geothermal energy. Source: ThinGeoEnergy