Global Collaborations and Investments Drive Green Hydrogen Innovation
Key Ideas
- ACME Cleantech and BASF sign agreement to supply green ammonia to Europe and explore further collaboration.
- US DoE announces $2.2 billion funding for two Regional Clean Hydrogen Hubs in Texas and the Midwest.
- LANL and DoE seek commercialization partners for hydrogen fuel cell technologies market development.
- Air Liquide to invest €50 million in new hydrogen supply chain in France, supporting decarbonization initiatives.
ACME Cleantech from India and BASF have entered into agreements to supply green ammonia to Europe and explore additional collaboration in the green ammonia sector. The US Department of Energy (DoE) has allocated $2.2 billion for two Regional Clean Hydrogen Hubs (H2Hubs) in Texas and the Midwest, aiming to drive private sector investments in clean hydrogen. Meanwhile, the Los Alamos National Laboratory (LANL) and DoE are seeking commercial partners to expedite the market integration of hydrogen fuel cell technologies. Hydrogen Europe and H2 Chile have partnered to enhance trade opportunities between the EU and Chile, focusing on various aspects of cooperation. Air Liquide is set to invest €50 million in a new hydrogen packaging and delivery supply chain in Normandy, France, to support decarbonization efforts. Additionally, a report by Centrica and FTI Consulting emphasizes the importance of a hydrogen market in the UK's future energy system to mitigate fluctuations in renewable electricity generation and reduce energy costs for consumers.