WB approves $1.5 bn for green hydrogen push in India

The World Bank has approved the second round of $1.5 billion loan to help India push its low-carbon energy development. The funds will help promote the development of a vibrant market for green hydrogen, continue to scale up renewable energy, and stimulate finance for low-carbon energy investments. India is the fastest-growing large economy in the

Nile University, GH2 agree to establish international green hydrogen centre

Egypt is set to establish an international green hydrogen centre following an agreement signed between Nile University and the Green Hydrogen Organization (GH2) on the sidelines of the Egypt-EU Investment Conference. The signing was witnessed by Prime Minister Mostafa Madbouly and Minister of Higher Education and Scientific Research, Ayman Ashour. The centre, a collaboration between

ClassNK issues AiP for oil tanker using liquefied hydrogen

Japanese classification society ClassNK has awarded approval in principle (AiP) for a design concept of a hydrogen-fueled engine-compatible oil tanker with an electric propulsion system. The design was developed by Uyeno Transtech, Yanmar Power Technology, and Mitsui E&S Shipbuilding as part of the “Development of Large-scale Hydrogen-fueled Domestic Tanker and Demonstration of Zero-Emission Ships” project

Trafigura completes first ship-to-ship ammonia transfer

Trafigura Group Pte Ltd (“Trafigura”), a market leader in the global commodities industry, has successfully completed its first ship-to-ship (STS) transfer of ammonia. This took place last week in international waters close to the port of Ceuta in the Strait of Gibraltar. Approximately 6,000 metric tonnes of ammonia (NH3), supplied by CF Industries from their

GAIL advances net zero emission target to 2035

State-owned gas utility GAIL (India) Ltd said it has advanced the target to achieve net zero carbon emission by five years to 2035 as it takes a multi-prolonged approach to reaching the goal. The company was previously targeting net zero carbon emissions by 2040. GAIL Board accorded approval to advance its net zero targets for

Walmart first major retailer to deploy hydrogen semi truck

Walmart Canada continues its march towards a 100% alternative fuel fleet with the deployment of its first hydrogen fuel cell-powered Nikola Tre. With the deployment of this truck, Nikola says Walmart Canada has become the first major retail chain in North America to introduce a hydrogen fuel cell electric semi truck to its fleet. The

Green ammonia co-firing offers promising solution for decarbonisation

India has taken steps to implement ammonia co-firing. The Japan-India Clean Energy Partnership (CEP) has initiated a pilot project at Adani’s Mundra thermal power plant, aiming for up to 20% green ammonia co-firing in a 300 MW unit. Success at Mundra could lead to broader adoption across other thermal plants in India. Ammonia co-firing, particularly

KKR invests €400m in Ignis to from Ignis P2X

KKR teams up with Spanish renewables developer Ignis to form Ignis P2X, which will focus on providing hydrogen and derivatives for ‘industrial applications in hard-to-abate sectors’ New York-based global investment firm KKR has agreed to form a 50-50 joint venture with Spanish renewables developer Ignis — backed by €400m ($428.5m) from the US investor —

POSCO launches hydrogen steelmaking plant

POSCO has unveiled a pilot steelmaking plant that runs on hydrogen rather than fossil fuels. This is reported by KED Global. In this way, the South Korean company is moving towards its carbon neutrality ambitions. The pilot plant at the Pohang facility has a production capacity of 24 tons of molten iron per day, emitting

Renewco Power, INDHO launch green hydrogen platform in Spain

UK-headquartered Renewco Power (Renewco) and INDHO, a pioneering green hydrogen developer based in Ciudad Real in central Spain, have announced the launch of Indhyco, an exciting new development platform exclusively focused on green hydrogen projects throughout the Spanish market. Indhyco will develop green hydrogen projects with an emphasis on industrial consumption through efficient production of