Green Hydrogen
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Eletrobras and pulp and paper manufacturer Suzano have signed a memorandum of understanding to develop green hydrogen and synthetic fuels initiatives in Brazil.
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The Pacific Northwest Hydrogen Association (PNWH2) has hired Chris Green as its first president.
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Abraxas Power has selected McDermott as its EPC contractor for the Exploits Valley Renewable Energy Corporation (EVREC) project in Newfoundland and Labrador, which will be Canada's first commercial green hydrogen project.
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State-owned Eletrobras has signed a memorandum of understanding (MoU) with Prumo Logística to support the development of green hydrogen in Brazil.
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Chile’s Ministry of Energy and Mines has signed a Memorandum of Understanding (MoU) with the Republic of Korea’s Energy Agency to cooperate on renewable energy.
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Clean hydrogen projects across the US are generating enormous interest but many struggle to reach bankability as many risks, such as technology, supply chain, regulation and offtake, are halting progress.
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Plug Power has received a $1.66 billion conditional commitment loan from the Department of Energy (DOE) to construct up to 6 clean hydrogen facilities across the US.
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State-owned Eletrobras has signed a pair of memoranda of understanding (MoU) to support the development of green hydrogen in Brazil.
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Massachusetts-based Electric Hydrogen has inked a $100 million corporate financing led by HSBC to grow its production of 100MW electrolyser plants.
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Cemvita green hydrogen spin-out Gold H2 has hired former NextEra executive Prabhdeep Singh Sekhon as its chief executive.
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Eletrobras has signed a memorandum of understanding (MoU) with the state of Maranhão for the development of green hydrogen.
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Green Energy Park has raised $30 million in series A funding that will help support the company’s Piauí green hydrogen project in Brazil.
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Avalon International has agreed to build carbon capture facilities at green hydrogen company Big Hill Materials' planned US production sites.
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H2 GreenMining is partnering with Ohmium International on the development of green hydrogen to decarbonise the mining sector in Chile.
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The state of Ceará has signed a pre-contract with Voltalia do Brasil, a subsidiary of the French renewable power producer Voltalia, to implement a project to produce green hydrogen and ammonia at the state's Pecém industrial and port complex.
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Verdagy has entered a global strategic agreement to deliver its green hydrogen electrolysis technology to renewables developer Doral in Europe, US, Australia and the Middle East through 2030.
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The Department of Energy (DOE), the US Treasury Department, and the IRS have awarded $4 billion in tax credits to 100 projects across clean manufacturing, critical materials, and industrial decarbonisation.
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The Department of Energy (DOE), Treasury Department, and IRS have jointly awarded an $18.3 million transferable tax credit to electrolyser producer Electric Hydrogen (EH2) for its manufacturing plant in Devens, Massachusetts.
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Renewable fuels company Raven SR has closed $15 million in an investment round led by Ascent Funds to grow its production of synthetic fuels, hydrogen, and sustainable aviation fuel (SAF).
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Green hydrogen promises to be a game changer in global energy transition with the possibility it presents in decarbonising industries. Latin America has positioned itself as a frontrunner in the emerging space with mega projects being lined up by developers across the continent.
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The Lancaster, California city planning commission has approved Element Resources' renewable hydrogen and solar facility, taking the next step in the partnership after signing a Memorandum of Understanding (MoU) with the developer in 2023.
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State-owned oil and gas giant Petrobras has signed a memorandum of understanding (MoU) with Mistui & Co to explore low-carbon solutions in Brazil.
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EverWind Fuels has signed a green hydrogen memorandum of understanding (MoU) with Nova Scotia-based energy distribution company Eastward Energy.
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The Department of Energy (DOE) has awarded $750 million for 52 green hydrogen projects across manufacturing, electrolysis technology, recycling, and more. Together, the projects are expected to produce 24GW of hydrogen in different forms.
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Inter-American Development Bank's (IDB) has made a $400 million dollar loan for the development of the green hydrogen and derivative projects in Chile.
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Eletrobras and engineering and industrial manufacturing group Paul Wurth have signed a memorandum of understanding (MoU) to develop green hydrogen in Brazil.
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Already one of the cleanest energy mixes in the world, Latin American policy makers continue to push for ambitious net-zero targets. Renewables already generate 60% of the region’s electricity, twice the global average, with no shortage of sponsors looking to take advantage of some of the globe’s best renewables resources.
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Chevron New Energies is set to develop a 5MW hydrogen production and solar project on its existing oil field in California's Central Valley.
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Chilean sponsor MAE Energy is planning to develop a $2.5 billion green hydrogen and ammonia production plant in Chile.
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IDB Invest will provide UK-based Atome Energy with a $125 million loan to develop a green hydrogen project in Villeta, Paraguay.
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The US’ traditional renewables sectors – wind, solar (and now even battery storage) – continue to be a mainstay, but the universe of investable renewables opportunities is expanding.
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Generate Capital closed its latest capital raise, with new investments totalling $1.5 billion, last week (31 January).
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H2 Energy Group has partnered with the Redding Rancheria Tribe reservation to develop a green hydrogen production facility.
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Chile’s national oil company ENAP has signed a memorandum of understanding (MoU) with TEG Chile for the development of green hydrogen in Chile.
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Solar company Verano Energy has submitted an environmental impact assessment (EIA) for a hydrogen and green ammonia project in the Arequipa region in southern Peru.
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The US Department of Energy (DOE) has selected 3 firms to help establish a market for the buying and selling of green hydrogen from its Regional Clean Hydrogen Hubs (H2Hubs).
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The Government of Ceará has signed a memorandum of understanding (MoU) with oil and gas giant BP to support the development of green hydrogen in the state.
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Hydrogène de France (HDF) and Rubis have requested a loan from IDB Invest for a green hydrogen project the pair is developing in Barbados.
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Hydrogen company Plug Power has completed its electrolyzer system at Amazon's Aurora, Colorado, fulfillment center. A first for the tech company, the 1MW low-carbon hydrogen production system can fuel up to 400 forklift trucks at the site.
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The US Treasury Department has released the proposed green hydrogen tax credit guidelines, 45V, to be available for public comment for the next 60 days. The Biden-Harris administration hopes the credits will provide over $140 billion in revenue by 2030
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Chilean renewable developer Susterra is planning a green hydrogen project to support the decarbonization of the mining sector in Chile.
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BP-funded Advanced Ionics is growing its executive team with two green hydrogen professionals as the company plans its generation pilot programs launch for next year.
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Sustainable aviation and carbon emissions-derived fuels production company Dimensional Energy has successfully closed its $20 million Series A funding round.
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Denmark’s Copenhagen Infrastructure Partners (CIP) will invest $10 billion into a green hydrogen project in Mexico.
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Brazilian development bank BNDES has signed a memorandum of understanding (MoU) with the World Bank to support low-carbon hydrogen initiatives in Brazil.
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BGC Group’s (BGC) subsidiary Poten & Partners, an integrated energy advisory and brokerage, has launched a global advisory team focused on the hydrogen, ammonia and methanol markets.
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Spanish company Jepri Group signed a Memorandum of Understanding (MoU) with the Government of Ceará for a €3.3 billion green hydrogen plant in the Brazilian state.
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GE Vernova’s power conversion business and Next Hydrogen Solutions have signed a memorandum of understanding for green hydrogen production.
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Canada-based green hydrogen developer EverWind Fuels has secured a C$125 million (USD $ 91.2 million) debt facility from Export Development Canada (EDC) to put toward its Tupper Point, Nova Scotia-based green hydrogen and ammonia project.
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LS Power is set to invest up to $400 million into green hydrogen projects developed by Monarch Energy.
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