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ADNOC and JBIC Sign $3 Billion Green Financing Agreement
July 9, 2024 | 2 min read July 9, 2024 | 2 min readADNOC’s first green funding will support its ongoing decarbonization and energy transition initiatives.
ADNOC’s first green funding will support its ongoing decarbonization and energy transition initiatives.
KUALA LUMPUR, Malaysia and SHANGHAI– In conjunction with the recent Asia Pacific Green Hydrogen Conference & Exhibition 2024 in Malaysia, Hydrexia Borneo Sdn Bhd, a wholly-owned subsidiary of Hydrexia Holding Limited (Hydrexia), a leading integrated hydrogen solution provider in China, and ICE SEDCE Hydrogen Sdn Bhd (ISHSB) in Malaysia announced that the two companies have signed a Heads of Agreement (HOA) to form a joint venture for the development, operation and maintenance of hydrogen refueling station (HRS) and hydrogen storage solutions.
Sinopec Group has successfully completed an expansion and renovation project at its Hydrogen Supply Centre for Fuel Cells in Guangzhou, significantly boosting the region’s hydrogen infrastructure capabilities. This development is set to enhance the hydrogen supply chain in South China, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area.
Singapore– 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.
NOIDA, India– TÜV Rheinland, a global leader in independent technical services, proudly announces the issuance of its first Pre-Certification in India to Avaada Group, a leading “sand to molecule” company.
Amogy and MSB jointly explore potential opportunities to collaborate with their respective technologies and commercial applications across the ammonia-powered shipping and shipbuilding value chain.
BEIJING, CHINA AND MADRID, SPAIN– Hygreen Energy (“Hygreen” or “the Company”), a global electrolyzer supplier for green hydrogen production, is pleased to announce the completion of its amalgamation of Beijing SinoHy Energy Co., Ltd. (“SinoHy”). The transition will reposition the Company to become a major player in global hydrogen markets, and foster Hygreen Energy’s growth as a leading electrolyzer manufacturer internationally.
Hyundai Motor donated a hydrogen fuel-cell electric bus to the Jeju Fire Station on Thursday, equipped with rest-facilitating furnishings to offer firefighters respite at disaster scenes.