People are increasingly interested in hydrogen as a sustainable energy source. However, they recognize the associated production methods still have room for improvement regarding their impact on the planet. For example, hydrogen is vital for ammonia production, but facilities still use fossil fuels to make it. Similarly, other manufacturing methods involving hydrogen require rare metals that are expensive or in short supply.
The Council for Scientific and Industrial Research (CSIR) is busy with the development of a hydrogen-powered unmanned aerial vehicle (UAV) using locally developed fuel cell technology to support efforts to decarbonise aviation in South Africa.
Oracle Power PLC (AIM: ORCP), a developer of green hydrogen production through its joint venture Oracle Energy Limited (“Oracle Energy”), is pleased to announce the acquisition by Oracle Energy of State land by way of a long lease for 30-years (“the Lease Acquisition”) with the Government of Sindh, for a land package of 7,000 acres (approximately 28.3 km²) (“the land package”) located in the Thatta district, Sindh, south-east Pakistan, where its flagship Green Hydrogen Project (or the “Project”) will be located.