hydrogen

ACWA Power will develop the largest green hydrogen plant in Indonesia, which will be powered by 600MW of new solar and wind capacity.

The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.

Spanish power company Naturgy and energy infrastructure developer Enagás Renovable have unveiled a 280MW renewable hydrogen power plant in Spain.

The European Commission has announced two acts to help define renewable hydrogen in the EU.

Renewables supplied 88% of electricity consumption in Portugal last month but PV only accounted for 4%.

Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen.

Green hydrogen electrolysis is emerging as a potential solution to curtailment, taking excess solar and converting it into hydrogen for either long-duration storage or use by other industries, writes Alissa Tripp, senior research and commercial analyst at Octopus Hydrogen.

Global hydrogen uptake is far below what is required under the Paris Agreement and underinvestment in the technology is a missed opportunity to decarbonise hard to abate sectors of the global economy, according to risk management provider DNV.

Investment company Aker Horizons plans to merge its offshore wind and hydrogen units into its parent company to “strengthen” its renewables development capabilities.

While still nascent, green hydrogen can take off as a fuel source and energy storage system if it is afforded the support, regulatory environment and financial backing it deserves, Hive Energy’s Shirvine Zhang tells Sean Rai-Roche.