India-born Avaada Group Commits $12bn to Transform Rajasthan into a Global Renewable Energy Hub
MUMBAI, India, Dec. 23, 2024 /PRNewswire/ -- Avaada Group, a leading name in the renewable energy sector, has announced an unprecedented investment of $12bn in Rajasthan, India, for accelerating green energy transition, thereby establishing the...
China's First Factory-Based Seawater Hydrogen Production Project Completed at Sinopec Qingdao Refinery
QINGDAO, China, Dec. 19, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") completes China's first factory-based seawater hydrogen production research project at its Qingdao Refinery. The project integrates...
Joy Capital Fund Secures Investment from Panasonic, jointly Hosts Strategic Symposium
HANGZHOU, China, Dec. 18, 2024 /PRNewswire/ -- Panasonic Corporation of China and Joy Capital held a strategic symposium at Panasonic Hangzhou Industrial Park. Following Panasonic Corporation of China's investment in Joy Capital's fund, both parties...
Gentari to supply large-scale, carbon-free energy to AMG Ammonia
650 MW firm dispatchable RE supply to power AMG Ammonia's upcoming green ammonia facilities. ~2,400 MWp RE capacity to be set up, making it the single largest greenfield project by Gentari globally. Firm and dispatchable carbon-free energy supply...
Sungrow Hydrogen: achieved "high-performance" + "low-cost" with technological innovation
SHANGHAI, Dec. 6, 2024 /PRNewswire/ -- On the 3rd of December, BloombergNEF Summit grandly opened in Shanghai. Peng Chaocai, Chairman of Sungrow Hydrogen, was invited to attend the pivotal dialogue of "Green Hydrogen: A Reality Check" with other...
Oman and Belgium Strengthen Green Hydrogen Partnership with New Landmark Agreement
MUSCAT, Oman, Dec. 5, 2024 /PRNewswire/ -- As part of His Majesty Sultan Haitham bin Tarik's state visit to Belgium, the Sultanate of Oman and the Kingdom of Belgium signed a Memorandum of Understanding (MoU) to further strengthen their...
Green Hydrogen Costs of Production to Drop to US$2.5/kg by 2030, and US$1.80 by 2040, Clearing the Way for Heavy Industry Decarbonization
LONDON, Dec. 4, 2024 /PRNewswire/ -- Green hydrogen is emerging as an essential commodity for decarbonizing hard-to-abate industries. Yet, despite its clear sustainability benefits, the high production cost—known as the Levelized Cost of Hydrogen...
Hygenco selects Danish company Topsoe as Licensor for its Green Ammonia Plant
GURUGRAM, India, Nov. 26, 2024 /PRNewswire/ -- Hygenco Green Energies, a pioneer in low-cost green hydrogen production, has announced a partnership with Denmark-based Topsoe, a leading global technology provider for the energy transition, as the...