Karlsruhe– It is a project that sends a signal for the future decarbonization of industrial processes: EnBW Energie Baden-Württemberg AG (EnBW) is starting to market 100,000 metric tons of green ammonia from the Skipavika Green Ammonia (SkiGA) project in western Norway, making it one of the first suppliers to the market.
I Hydrogen from Cambridge Cohort 4 have secured a £470k Innovate UK grant.
Smart Grants are notoriously competitive, with this round funding 46 projects out of 1,911 submitted applications through Innovate UK, the UK’s innovation agency.
Japan’s Inpex commits $1.25 billion to renewable energy projects in Australia, including the Quorn Park Hybrid Project, as part of its strategy to support the Ichthys project’s decarbonization and establish a green hydrogen export hub.
The European Commission approves Spain’s €1.2 billion funding initiative for renewable hydrogen production, aiming to boost the nation’s transition to a net-zero economy. This state aid, part of the EU’s broader efforts, will support large-scale hydrogen projects with direct grants to foster energy independence and green growth.
Kuwait sets ambitious renewable energy and green hydrogen targets for 2050. The Kuwait Oil Company has engaged KBR to develop a strategic masterplan to achieve these goals.
A YEAR OF MAJOR ACHIEVEMENTS
ANNUAL REVENUE 2023/2024 OF €24.8 M
GROWTH REBOUND EXPECTED IN 2024/2025 BETWEEN +20% AND +60%
Revenue for 2023-2024 reached €24.8 million; gap from target is due to the production of orders deprioritized on 2 customers, the impact of the cancellation of 2 stations prior to their reassignment, and to the pace of market deployment.
Evia Energy, an affiliate of Evia Aero GmbH, and Cranfield Aerospace Solutions Limited today agreed to partner in the development of airport infrastructure to enable both electric and hydrogen-electric aircraft operations at regional airports.
CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, today announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500,000 metric tons annually.
PARIS– Commenting on the results in the first half of 2024, François Jackow, Chief Executive Officer of the Air Liquide Group, stated: “Air Liquide once again delivereda very solid financial performance in the first half of 2024 with a significant increase in its operating margin, supported by the acceleration of structural efficiencies. In a persistently subdued market environment, our Group recorded growth in sales on a comparable basis, reflecting the solidity of our business model.
