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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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Because carbon dioxide is not generated during the production process, it is classified as a clean hydrogen process along with blue hydrogen and green hydrogen. SK’s hydrogen business roadmap aims to establish a clean hydrogen production system with a scale of 280,000 tons by 2025. The Monolith process. Source: Monolith.

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Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

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Global Clean Energy Holdings, Inc., Following startup, currently anticipated to be in late 2021, the repurposed refinery is expected to supply a meaningful portion of the demand for clean-burning alternative diesel fuels in California. through a subsidiary, has purchased Alon Bakersfield Properties, Inc.,

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Volvo C40 Recharge LCA highlights huge potential of manufacturing and charging EVs with clean energy

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Volvo Cars has published a lifecycle analysis report on its second fully electric car, the C40 Recharge, which shows the potential CO 2 reductions if a car is built and charged using clean energy sources. Clean energy is also an important factor in reducing the carbon footprint involved in producing an electric car.

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CalSEED awards $4.2M to early-stage clean energy innovations

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The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each. Details of the 28 companies awarded a total of $4.2

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DOE awards $22.1M to 10 nuclear technology projects including clean hydrogen production

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million to 10 industry-led projects to advance nuclear technologies, including two aimed at expanding clean hydrogen production with nuclear energy. The US Department of Energy (DOE) awarded $22.1

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Expleo develops closed-loop, e-methanol fuel cell solution for global shipping

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UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel.

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