BMW Group and Daimler Mobility’s joint venture Digital Charging Solutions GmbH soon will be strengthened by a third shareholder – BP, which will invest an undisclosed amount to acquire a 33.3% share in the DCS. The DCS, initially launched by BMW and then joined by Daimler (50/50), is a developer …
Read More »Russia Eyes Boosting Its Global Market Share of Hydrogen by 20% in a Decade
Russia is planning to increase its share in the global hydrogen market by 20% by 2030, and to increase annual exports of the fuel up to 33.4 million tons by 2050, Deputy Energy Minister Pavel Sorokin said on Monday. “It is still difficult to provide exact numbers, but we believe …
Read More »UAE and Japan Sign Deal to Explore Opportunities in Hydrogen Sector
The Ministry of Energy and Infrastructure and the Japanese Ministry of Economy, Trade, and Industry signed a virtual cooperation agreement to explore the opportunities in the field of hydrogen development. The agreement will expand the joint areas of collaboration and enhance investment in the hydrogen sector, supporting the ambition to …
Read More »Schlumberger, Microsoft Expand Partnership to Accelerate Digital Future of Energy
Schlumberger and Microsoft announced an expanded strategic partnership on March 29 to accelerate new technologies for the energy industry. The first offering, the Schlumberger Enterprise Data Management Solution for the OSDU Data Platform—a new industry standard for energy data—is available today. Energy companies will now benefit from an OSDU-compliant solution, …
Read More »Oil and Natural Gas Production Emit more Methane than Previously Thought
The Environmental Protection Agency (EPA) is underestimating methane emissions from oil and gas production in its annual Inventory of U.S. Greenhouse Gas Emissions and Sinks, according to new research from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS). The research team found 90 percent higher emissions …
Read More »World’s First Hydrogen-Powered Ferry in Norway to Run on Green Gas from Germany
Industrial gases firm Linde will supply liquid green hydrogen and related infrastructure to the world’s first hydrogen-powered ferry, a vessel by operator Norled that will transport both cars and passengers in Norway. The liquid hydrogen for the MF Hydra ferry will come from a new 24MW proton exchange membrane (PEM) …
Read More »Korea Partners with UAE for Hydrogen Economy
South Korea signed an agreement with the United Arab Emirates on Thursday to cooperate on the hydrogen economy, further expanding their partnership currently focused on nuclear energy, oil and gas. During the Korea-UAE Industry and Energy Cooperation Forum held online, South Korean Minister of Trade, Industry and Energy Sung Yun-mo …
Read More »World’s 1st Zero-Emission Tanker Project will Use Corvus Energy Storage System
Corvus Energy was selected to provide an energy storage system (ESS) to Kawasaki Heavy Industries for the zero-emissions electric e5 tanker it is building, the world’s first zero-emissions tanker. The electric tanker is under construction for Tokyo’s Asahi Tanker Co. The battery-powered vessel was designed by e5 Lab Inc., which …
Read More »German Tech Giant Places Major Bet on Green Hydrogen
Hydrogen is turning into the next media star after solar and wind. In its latest claim to fame, two spinoffs of German tech conglomerate Siemens are joining forces to advance green hydrogen technology by building wind-to-hydrogen systems to help decarbonize the global economy. Green hydrogen is touted as a solution …
Read More »Green Hydrogen Making Early Waves in 2021
It is barely two weeks old, but 2021 is already shaping up as another year of stunning ambition and growth for the emerging global hydrogen sector in its full spectrum of colours. The hue dearest to Recharge’s heart is, of course, green, and the renewable hydrogen sector got a huge …
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