A week in Green Hydrogen - Chile enters Green Hydrogen Economy, Africa to capture 10% of the market by 2050, Egypt Green SPV commissioned Africa's first green hydrogen project
Chile signed deals for Green Hydrogen
Chile signed deals with the World Bank and the Inter-American Development Bank (IDB) to promote green hydrogen production in the country. As a part of this deal, Chile will receive a 150 million USD loan in 2023 and 200 million USDs later to develop its national green hydrogen strategy.
Africa to capture 10% of green market share by 2050
According to a landmark report published jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) with analytical support provided by McKinsey & Company; Africa which is blessed with plentiful solar and wind resources got enormous potential to become a renewable energy leader. African continent could see 30 to 60 Mtpa of hydrogen production by 2050 with prospected investments of up to 1.3 trillion USD.
Egypt Green SPV to commission Africa's first Green Hydrogen Plant
Egypt Green SPV, a consortium led by independent power producer (IPP) Scatec is to commission Africa's first Green Hydrogen Plant. The plant will generate 15,000 tonnes of green hydrogen and at least 90,000 tonnes of green ammonia per year.
H2Évora Green Hydrogen Plant by Ballard Power and Fusion Fuel
H2Évora Green Hydrogen Plant is a demonstration project, powered by Solar Electricity, will produce 15 tons of green hydrogen per year and avoid the emission of 135 tons of CO2 annually.
Portugal expects to become a major producer and exporter of green hydrogen
Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10 billion euros ($10.2 billion), the environment minister said on Thursday.