GGGI, Samsung, Hyundai to join $1.2bn green hydrogen scheme in Indonesia
South Korea’s Samsung and Hyundai will collaborate with Global Green Growth Institute (GGGI) on a $1.2 billion clean energy project in Indonesia to produce green hydrogen.
Asia
Malaysia’s Petronas and Japan’s ENEOS eye commercial hydrogen scheme
Malaysia’s Petronas and Japanese oil company ENEOS Corporation (ENEOS) have signed an agreement to advance studies for a commercial hydrogen production and conversion project at Kerteh in the Malaysian state of Terengganu. The move follows a pact signed between Malaysia and Japan last August to develop a clean hydrogen supply chain between the nations.
Santos enters FEED for world’s largest CCS project at Bayu Undan offshore East Timor
Australia’s Santos has started front-end engineering and design (FEED) work for its proposed giant carbon capture and storage (CCS) project offshore East Timor at the Bayu Undan field. Significantly, Santos aims to take a final investment decision (FID) in 2023 on the CCS project, which it claims has the potential to be the largest in the world.
Japanese to invest up to €100m in world’s largest clean hydrogen fund
The Japan Bank for International Cooperation (JBIC) has pledged to invest up to €100 million ($108 million) as part of an equity participation in the Clean H2 Infra Fund S.L.P. of France. The fund, managed by Hy24, is targeting €1,500 million in equity. Significantly, Hy24 claims it is the world’s largest clean hydrogen infrastructure investment fund.
Petrofac picked for green hydrogen studies on Sakhalin
Energy services group Petrofac (LON:PFC) has won its first new energy-focused project in Russia, securing a three-year consultancy framework agreement for the early engineering phases of the first wind-to-hydrogen development on Sakhalin Island.
China starts up world’s largest green hydrogen plant
Chinese chemical producer Baofeng has started production from the world’s largest green hydrogen plant in the Chinese region of Ningxia raising global installed electrolyzer capacity by 50%. The news highlights how China is beating the world on climate technologies.
Shell starts up first green hydrogen project in China for Winter Olympics
Shell has (LSE:RDSA) started up its first commercial hydrogen electrolyser in China with 20 MW production capacity just in time to supply the Winter Olympic Games.
Ambani with $75 billion plan to make India a hydrogen hub
Billionaire Mukesh Ambani is making an ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy which could transform India into a clean hydrogen juggernaut.
Enterprize eyes green hydrogen’s potential to ‘supercharge’ Vietnam
Offshore wind developer Enterprize Energy and the Vietnamese Institute of Energy have teamed for a study assessing “green hydrogen’s potential to supercharge Vietnam’s energy capabilities.”
Woodside, Osaka Gas, and Keppel, team up for liquid hydrogen
Australia’s Woodside (ASX:WPL) is studying the technical and commercial feasibility of a liquid hydrogen supply chain from Western Australia to Singapore and potentially Japan.
$10.75bn Australian green hydrogen export project set to go ahead
The proposed $10.75 billion 10GW Desert Bloom hydrogen scheme in Australia’s Northern Territory (NT), backed by an as yet unidentified Japanese gas buyer, looks set to proceed next year after being granted major project status by the local government.
Woodside targeting $5bn investment in new energy
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) said today that it is targeting $5 billion worth of investment in new energy products and lower-carbon services by 2030.
Woodside eyes first mover advantage in North Asian hydrogen markets
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is busy positioning itself for a future in which hydrogen may play a growing role in the energy mix. Significantly, it is working closely with customers in its traditional LNG export markets – particularly Japan and South Korea – to meet demand for cleaner forms of energy.
Woodside grabs foothold in US hydrogen market
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is expanding its portfolio of hydrogen production opportunities to the US as it eyes North America’s heavy transport sector.
India’s COP26 targets boost outlook for renewables growth
New climate targets announced at the COP26 summit by Indian Prime minister Narendra Modi look set to boost renewable energy growth. However, India’s insatiable demand for electricity will keep the market highly reliant on coal power, posing challenges to the country's decarbonisation plans, according to Fitch Solutions.
Australia is ahead of the pack for green hydrogen export potential
Suppliers with access to low-cost renewables will have a competitive advantage when it comes to green hydrogen production. Australia and the Middle East sit in the top echelons for solar irradiance and offer massive green hydrogen potential, according to Wood Mackenzie’s latest analysis.
Australia’s Woodside plans $748m hydrogen export hub
Woodside (ASX:WPL) today unveiled plans for a A$1 billion ($748 million) hydrogen export plant south of Perth that is designed to export low carbon energy overseas and boost renewable energy supplies in Western Australia.
Technip wins gig at one of India’s largest hydrogen projects
Technip Energies (PARIS:TE) has been awarded an engineering, procurement, construction and commissioning contract by NTPC for its Proton Exchange Membrane (PEM) Based Hydrogen Generation Plant project at Vindhyachal, Madhya Pradesh, India.
Chiyoda, Mitsubishi, Sembcorp, band together for hydrogen
Chiyoda, Mitsubishi, and Sembcorp Industries, have signed a memorandum of understanding to explore the feasibility of setting up a hydrogen supply chain in Singapore.
Woodside teams up to drive hydrogen adoption in South Korea
Australian liquefied natural gas (LNG) developer Woodside has joined five parties to establish the HyStation company, which aims to build and operate hydrogen refuelling stations to service public transport bus fleets in South Korea.
Malaysia’s Petronas and Japan’s Eneos explore hydrogen opportunities
Malaysia's state energy company Petronas and Japanese oil giant Eneos are exploring opportunities to develop a clean hydrogen supply chain between the two nations.
BP says Western Australia is ‘ideal place’ for hydrogen and ammonia investments
BP said today that Western Australia is an “ideal place” to develop export-scale green hydrogen and ammonia production facilities.
Fossil fuels giant Reliance will invest $10bn in Indian renewable energy
India’s richest man, Mukesh Ambani, who has run one of the world’s largest petroleum businesses for over two decades, yesterday announced that his company Reliance Industries, will invest 750 billion rupees ($10 billion) towards clean energy solutions over the next three years.
South Asia steps up efforts to follow global energy transition
South Asia, which includes India, Pakistan, Sri Lanka, and Bangladesh, is slowly following the rest of the world in the transition towards cleaner energy systems. The subtle shift opens potentially large market opportunities for energy service suppliers.
Queensland set to make $1.54bn hydrogen and renewable energy commitment
A new A$2 billion ($1.54 billion) Queensland Renewable Energy and Hydrogen Jobs Fund will be established to expand on the previous A$500 million Renewable Energy Fund in the Australian state.