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The DOE announced nearly $62 million for projects in 15 states to advance clean hydrogen technologies. These projects will enhance hydrogen fueling infrastructure and develop hydrogen-powered equipment for ports. They also aim to improve processes for efficient and equitable hydrogen deployment.
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Oil and gas giant BP has been confirmed as the commercial partner for Aberdeen's hydrogen ambitions. It has already been projected that hundreds of jobs could be created within 10 years if the city becomes a leading hydrogen hub.
Aberdeen City Council's city growth and resources committee has now approved the partnership with BP.
DP World, a leader in this industry, has recently made headlines with its ambitious plans to drastically reduce its carbon footprint. The company’s commitment to sustainability has now been validated by the Science Based Targets initiative (SBTi), marking a significant milestone in its journey towards a more sustainable future.
Hyzon, New Way Trucks, and Recology showcased North America's first hydrogen fuel cell electric refuse truck. The event featured DOE Under Secretary David Crane, California Gov. Gavin Newsom, and U.S. Sen. Alex Padilla. It marked a $12.6 billion investment to create a Regional Clean Hydrogen Hub in California.
Hexagon Purus Maritime, a wholly owned subsidiary of Hexagon Purus, has received a purchase order for a compressed hydrogen fuel system from Freire Shipyard in Vigo, Spain. The system will be used on Greenpeace's new 75-meter vessel featuring advanced green technologies, including hydrogen and e-methanol power systems. The value of the order is approximately EUR 2.5 million (approx. NOK 29 million).
The U.S. Department of Energy (DOE) awarded a $5 million grant to Western Michigan University (WMU) researchers to help create a roadmap for carbon capture, use, and storage within the Michigan Basin’s geologic formations. The region is believed to have the capacity to permanently store 70 gigatons of carbon dioxide in five key reservoirs—with potential for even more.
The University of Wyoming (UW) will receive almost $5 million from the U.S. Department of Energy (DOE) to continue studying carbon capture and storage—a developing industry that hopes to reduce carbon emissions from coal plants or possibly even remove harmful gases from the atmosphere.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.