WEEKLY NEWS ROUND UP
Welcome to our Weekly News Round Up of interesting articles in the sustainability space!
Here are our top 5 news pieces for this week with key takeaways:
1. Completion of feasibility study on green hydrogen project in Mauritania
- Chariot has announced the completion of the #FeasibilityStudy for the large-scale #greenhydrogen project ‘Project Nour’ in Mauritania which has now been presented to the Government of Mauritania ??
- Project Nour is equally owned through a 50%/50% partnership between Chariot’s fully owned subsidiary Chariot Green Hydrogen and TE H2, a company co-owned by
TotalEnergies
and
Eren Groupe S.A.
, and is being developed with the support of Mauritania’s Ministry of Petroleum, Energy and Mines ?
- H.E. Minister Nani Chrougha of the Mauritanian Ministry of Petroleum, Mines and Energy, commented: “With the completion of the feasibility study of Project Nour, Mauritania has just taken an important step forward on the path to realising its green hydrogen ambitions. We are fully committed to the development of this sector, our aim is to be the largest producer and exporter of hydrogen on the African continent and we believe that Project Nour could support this objective.” ??
2. US DOE backs 52 electrolyser and fuel cell manufacturing projects with $750m
- The US Department of Energy (DOE) is awarding $750m to 52 #cleanhydrogen projects across 24 states to advance #electrolysis and fuel cell technologies and improve manufacturing ?
- Funded by the Bipartisan Infrastructure Law, #electrolyser manufacturing is set to receive over 40% of the package, with $316m dedicated to eight projects ??
-
Nel Hydrogen
’s planned 4GW alkaline and PEM factory in Plymouth, Michigan, is set to receive one of the biggest individual slice of #funding with $50m earmarked. Other electrolyser OEMs to receive funding are
Verdagy
($39.6m),
Plug Power
($45.7m)
Electric Hydrogen
($46.3m),
康明斯
($17.9m),
OxEon Energy
($36.3m) and
NexTech Materials, Ltd.
($30m) ??
- Five fuel cell manufacturing projects will gain a total of $150m. With
Ballard Power Systems
,
通用汽车
(GM), Plug Power,
Bosch
and
Nuvera Fuel Cells, LLC
each receiving $30m ??
- The
AIChE - American Institute of Chemical Engineers
has been granted $50m for its H2CIRC project ??
-
Jennifer Granholm
, US Secretary of Energy, said the projects will “supercharge” the US’ progress and ensure its clean hydrogen leadership ??
3. American investors' multi-billion-dollar green hydrogen and ammonia plant in Chile seeks approval
- The Volta project aims to draw on high #solar power potential in the Atacama Desert to power cheap #renewable NH3 production at the port city of Mejillones ??
- A $2.5bn green hydrogen and #ammonia project in northern Chile that will utilise solar power from the Atacama Desert region has filed for #environmental approval from Chilean regulator SEIA ??
- The Volta project will be located in the port city of Mejillones in the northern Antofagasta region, bordered to the east by the Atacama desert, which has the highest solar irradiance per square metre in the world ??
- Chile’s #governmenttargets a levelised cost of production below $1.50/kg by 2030, with at least 5GW of electrolyser capacity installed by 2025 ?
- The Chilean government is due to open a $1bn fund providing loans with preferential rates for green hydrogen #projects in the country in the latter half of this year ??
4. Morocco promises a million hectares of land for green hydrogen project development
- Morocco will allocate up to a million hectares (10,000 square kilometres) of land for #greenhydrogen projects as part of its “Hydrogen Offer” to #investors, according to the office of Prime Minister Aziz Akhannouch, in a statement providing the first details of the long-awaited #policy ??
- The government plans to initially award 3,000 square kilometres to developers, subdivided into lots of between 100 and 300 square kilometres ???
- Oman — another country seeking to establish itself as a green hydrogen #exporter — has allocated 50,000 square kilometres in total for H2 project development. Blocks of Omani land awarded to date have ranged from around 100 to 300 square kilometres in size, each siting projects expected to produce hundreds of thousands of tonnes of green hydrogen ??
- The government notes in its #pressrelease that “nearly a hundred” investors, both domestic and international, have already expressed interest in developing green hydrogen or its #derivatives in Morocco ??
- Morocco’s hydrogen strategy anticipates 4TWh (around 121,000 tonnes) a year of domestic demand, such as from state-owned #fertiliser producer
OCP AFRICA
, and a 10TWh (around 303,000 tonnes) a year export market by 2030 ??
5. Italy to launch €1.1bn fund for green manufacturing — including hydrogen electrolyser factories
- Italy is to launch a new €1.1bn ($1.2bn) #subsidy programme to support #greenmanufacturing in the country, that could see manufacturers of electrolysis equipment in line for grants of hundreds of millions of euros ??
- The
European Commission
(EC) on Friday gave the nod for the Italian government to use some of its Covid recovery funds to part-finance the programme, which envisages direct grants of up to €350m for producers of green technologies — including electrolysers used to make renewable hydrogen — to set up new #manufacturing facilities ?
- Cash will also be available for manufacturers of “key components” which are designed for and primarily used in #greentechnologies — such as membranes used in electrolysers — and for the production of critical #rawmaterials necessary for their production ??
- Grants will be set at €150m, rising to €200m or €350m in areas categorised by the EU as relatively deprived and in need of strategic #investment ??
- “This €1.1 billion Italian scheme will support the production of strategic equipment, namely batteries, solar panels, heat-pumps, wind turbines, electrolysers and carbon-capture usage and storage,” said
Margrethe Vestager
, the EC’s executive vice-president in charge of competition policy ??
ATOME in the press ??
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