Article
Description
The U.S. Department of Energy has awarded $2.2 billion to Gulf Coast and Midwest centers to develop hydrogen as a clean energy source. Low-carbon hydrogen could power heavy industries and transportation, reducing emissions. Most hydrogen today is fossil fuel-based, but clean hydrogen production using renewables and carbon capture is expected to grow.
Other articles in the issue
Return Carbon and Verified Carbon have announced 'Project Concho,' a groundbreaking Direct Air Capture hub in Texas. It will be the first DAC hub powered entirely by wind, with onsite carbon storage to permanently remove CO₂. The facility aims to remove 50,000 tons annually by 2030, scaling to 500,000 tons per year.
Sara Nawaz and the Institute for Responsible Carbon Removal lead efforts in sustainable, equitable carbon removal. With global CO2 emissions at 37 billion metric tons annually, addressing climate change is urgent. The Institute ensures carbon removal strategies are inclusive, effective, and scalable.
Haffner Energy has inaugurated its hydrogen production, testing, and training center, set to produce renewable hydrogen using patented thermolysis technology. Backed by over €1 million in French public funding, the project is part of the France 2030 and Territoires d'industrie programs. The site showcases the company’s expertise and will support income generation, customer testing, and training initiatives.
The FLAGSHIPS project won the Best Outreach Award at EU Hydrogen Week for its role in zero-emission waterborne transport. Mirela Atanasiu from the Clean Hydrogen Partnership praised its impactful communication and hydrogen innovation. Composed of over 10 European partners, FLAGSHIPS inspires public and industry support for sustainable maritime transport.
Clean Hydrogen Works (CHW) has awarded McDermott the FEED contract for the Ascension Clean Energy (ACE) Project in Louisiana. Initially producing 2.4 MTPA of clean ammonia, the project will expand to 7.2 MTPA in later phases. With CCS contracts, advanced off-take discussions, and Goldman Sachs as advisor, FID is expected in 2025, with production starting in 2029.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.