Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday…
Energy services giant TechnipFMC and renewables investor Magnora have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.Magnora, which invests cash generated from a UK oil field to invest in renewables…
Oil major BP said Thursday it was working to develop the UK’s largest blue hydrogen production facility, targeting 1GW of hydrogen production by 2030. The proposed development, H2Teesside, would capture and send for storage up to two million tonnes of carbon dioxide (CO₂) per year…
Italy's Saipem and renewable energy companies AGNES and Qint’x have applied for permits to develop one of the world's biggest offshore clean energy hubs, to generate wind and solar power and produce green hydrogen, Saipem said on Thursday.The…
Danish firm Everfuel has signed a contract with Ørsted for the offtake and distribution of green hydrogen to zero-emission mobility, produced at the H2RES demonstration project on Avedøre Holme in Copenhagen, Denmark for which a final investment decision was made Wednesday…
Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to move away from crude oil.The…
Shell, Mitsubishi Heavy Industries (MHI), Vattenfall, and municipal company Wärme Hamburg are planning to jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. In addition…
A study published Wednesday by the Belgian hydrogen import coalition – a collaboration between DEME, ENGIE, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge, and WaterstofNet – has found that importing green hydrogen from abroad is is both…
Hydrogen has taken off this year as the future green fuel of choice, with governments and businesses betting big that the universe's most abundant element can help fight climate change.More than $150 billion worth of green hydrogen projects have been announced globally in the past nine months…
Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry under pressure from investors to go green.Like its peers, Eni is…
Oilfield services company TechnipFMC on Tuesday said it had completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies.TechnipFMC, created in 2017 through a merger between France-based Technip and U…
French oil giant Total, which is working to transform itself into a wider energy industry company, will outpace green energy majors Iberdrola and Ørsted on renewable power capacity by 2030. This is according to analysis from energy intelligence group Westwood…
Danish offshore wind farm developer Ørsted has taken a final investment decision on the renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, which will use offshore wind energy to produce green hydrogen.The project is expected…
Norwegian energy giant Equinor has joined what has been described as Europe's largest green hydrogen project - NortH2. The project aims to produce green hydrogen using renewable electricity from the offshore wind off the coast of the Netherlands of about 4 gigawatts by 2030…
Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…
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