H2LAC Market News - Page 18 of 30

European Commission unveils plan to produce ten million tons of green hydrogen by 2030
June 2, 2022
The European Commission unveiled plans to produce ten million tons of green hydrogen inside the EU by 2030, and they plan to import another ten million by the same year. Source: Recharge News
Punta Arenas, Chile, emerges as hydrogen hub with three advanced projects in the works
June 2, 2022
Punta Arenas, Chile, has become a hydrogen capital with three advanced hydrogen projects currently in the works and plans to construct a port that will allow the export of green hydrogen to the world. Source: Latercera
Shell and Brazil’s Porto do Açu sign MoU to construct a 10 MW green hydrogen plant
June 2, 2022
Shell and Brazil’s Porto do Açu are teaming up to build a green hydrogen plant. The terms of the MoU include the construction of a 10 MW green hydrogen plant by 2025. Source: Nasdaq
Government of Panama, SGP BioEnergy, plan to develop a biorefinery to increase the supply of lower-carbon aviation fuel
June 2, 2022
The government of Panama, with other energy companies, including SGP BioEnergy, plan to develop an advanced biorefinery to increase the supply of lower-carbon aviation fuel. The biorefinery in Panama expects to produce around 180,000 barrels of biofuel per day, including sustainable aviation fuel (SAF) and renewable marine diesel. Source: Reuters
Hydrogen-powered Hyundai has been driving the streets and roads of Colombia
June 2, 2022
Last year, a Hyundai Nexo, owned by Hevolución, was imported into Colombia and has been driving around fueled by hydrogen. The car’s tank has six kilos of hydrogen, and for every nine liters of water, it generates one kilo of hydrogen. Source: Forbes
Suriname cancels construction of hydrogen power plant by Hybrid Power System Group
February 26, 2022
The Suriname Government decided to cancel its agreement with Danish company Hybrid Power System Group (HPSG) to build a hydrogen power plant. The decision comes after reports of the company’s unfamiliarity with hydrogen production. Source: Trinidad Express
Colombia signs MOU with Port of Rotterdam to supply hydrogen
February 26, 2022
Colombia signed a memorandum with the Port of Rotterdam to supply hydrogen. The Port of Rotterdam also formed green hydrogen agreements with Chile and Brazil, making Colombia the third point of supply. Source: Power Engineering International
Rubis Acquires 51% of HDF’s Hydrogen Power and Storage Project in Barbados
February 16, 2022
Rubis has acquired 51% of HDF’s hydrogen power and storage project in Barbados. Producing baseload power for 16,000 Barbadians from solar and locally produced green hydrogen, the project is the largest hydrogen power and storage project under development in the Caribbean. Source: Market Screener
The State of Ceará and Cactus Energia Verde Sign Agreement for USD 5.71 Billon Green Hydrogen Plant
February 10, 2022
The State of Ceará in Brazil signed a memorandum with Cactus Energia Verde, a Brazilian energy company, to develop a $5.71 billion green hydrogen plant in the port of Pecém. The project will use 3.6 GW of clean energy for production from the Uruquê PV solar park (2.4 GW) and the offshore wind farm, Umari […]