Weekly News Round Up 03/02

WEEKLY NEWS ROUND UP

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Welcome to February's first Weekly News Round Up!

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Here are our top 5 news pieces for this week with key takeaways:

1. Clean Power Hydrogen – CPH2 Signs Manufacturing Agreement with Fabrum Solutions -?Clean Power Hydrogen - CPH2 Signs Manufacturing Agreement with Fabrum Solutions - Hydrogen Central (hydrogen-central.com)

?? Key takeaways:

• Clean Power Hydrogen (CPH2) , the UK-based #greenhydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser has announced that it has executed a manufacturing agreement with New Zealand based FABRUM. Solutions Ltd, one of the world’s leading cryogenic systems manufacturers for gas separation and hydrogen #liquefaction ??
• The agreement is for a period of ten years and will allow an acceleration of the roll out of the CPH2 #technology across Australia and New Zealand as the #market for hydrogen grows rapidly ??
• CPH2 has also executed a deed of variation to its existing supply agreement with Fabrum to allow it to purchase DPWG Cryocoolers for embedding in its MFE products on an exclusive basis ?
• CPH2 is committed to its #strategictarget of 4GW MFE annual production by 2030; of this 1GW will be in-house #manufacturing and assembly and 3GW will be via license agreements such as that agreed with Fabrum ??

2. Europe unveils $270 billion response to US green subsidies - Europe unveils $270 billion response to US green subsidies | CNN Business

?? Key takeaways:

• ?The European Union unveiled plans for its own “Green Deal” Wednesday to cut red tape and deliver #taxbreaks ?
• The Green Deal Industrial Plan will “enhance the competitiveness of Europe’s net-zero industry” by simplifying #regulation , speeding up access to #finance , enhancing skills and building “resilient” supply chains through new trade deals, the European Commission said in a statement ??
• The proposals, which will be debated by EU leaders next week, would make €250 billion ($272 billion) available from existing EU funds for the greening of industry, including offering tax breaks to businesses investing in #netzero technologies ??
• Also proposed in the plan is the Net Zero Industry Act, which would speed up the issuance of permits for #green projects, and the Critical Raw Materials Act, which would aim to secure the EU supply of rare earth #minerals vital to developing net-zero technologies ?

3. 液空 and TotalEnergies to develop 100 hydrogen stations - Air Liquide and TotalEnergies to develop 100 hydrogen stations (h2-view.com)

? Key takeaways:

• The stations will be geared towards #heavyduty vehicles on major European road corridors, enabling the development of hydrogen’s use for goods #transportation ??
• The venture, due to launch this year, aims to deploy the stations on roads in France, Benelux and Germany in the coming years, under the TotalEnergies brand ?
• The two companies will utilise their experience in #infrastructure , hydrogen distribution and #mobility , whilst TotalEnergies will bring its expertise to the distribution of energies to back-to-back customers ??

4. Linde to Increase Green Hydrogen Production in California - Linde to Increase Green Hydrogen Production in California (yahoo.com)

? Key takeaways:

• 林德 has announced plans to increase its #greenhydrogen production capacity in Ontario, California, in response to growing #demand from the mobility market ??
• The new #electrolyser together with the existing plant will produce enough green hydrogen to avoid up to 75,000 metric tons of #carbondioxide equivalent #emissions per year. Expected to start up in the second half of 2024, the new electrolyser is one of several green hydrogen projects Linde is planning across the United States ??
• “We continue to see growing demand for green hydrogen as decarbonization in the mobility sector becomes a reality,” said Marcos Cuevas , Vice President West Region, Linde ??
• Growing its established hydrogen business across the #valuechain , Linde is implementing #clean hydrogen projects across a range of applications and industries ?

5. Green ammonia partnerships start to take off - Green ammonia partnerships start to take off (h2-view.com)

? Key takeaways:

• HYPHEN Hydrogen Energy has signed non-binding Memorandums of Understanding (MoUs) with two major #industrial companies, TGI Solar Power Group has brokered a partnership with TEAL Chimie & énergie . The partnership aims to provide up to 750,000 tonnes of #greenammonia annually ??
• The offtake agreements with an unnamed major #chemical company and Approtium, a South Korean hydrogen producer, involve up to 500,000 tonnes and 250,000 tonnes a year respectively ??
• TGI Solar Power Group has also brokered a partnership with TEAL Chimie & Energie, that will launch the company into the #greenenergy sector. TGI and green ammonia specialists TEAL, are looking to optimise the zero-emission ammonia #production market significantly. TGI will deploy TEAL’s green ammonia production plants in the coming years ??
• TEAL’s major focus has been developing and #constructing its green ammonia production sites in North America, with the first 400MW of power to be installed at locations in Quebec, Canada, Northeast USA and the Southwestern United States ???
• Jonathan Martel, CEO of TEAL, said “Additionally, we plan to develop facilities around the world to produce millions of tonnes of green ammonia from water and air. Ammonia saved #humanity from #starvation a century ago as a replacement for depleted sources of #fertilisers , and history will repeat itself. Ammonia can save humanity once again as the #workhorse of the hydrogen #economy , replacing petrochemicals to #decarbonise agriculture, transportation and power storage and generation,” ??

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