The green hydrogen plant, an equal joint venture between ACWA Power, Air Products and NEOM, will produce up to 600 tonnes of carbon-free fuel daily when fully operational by the end of 2026.
NEOM Green Hydrogen Company (NGHC) has announced a “recruitment drive” for the construction and operation phases of the world’s largest green hydrogen plant in Oxagon, Saudi Arabia. “This initiative aims to build a strong, talented team across functions including Corporate, EHSS, Risk, Operations & Maintenance, Finance, IT & Cyber Security, as the construction of the green hydrogen plant continues to progress on schedule. ” said the company. The green hydrogen plant, an equal joint venture between ACWA Power, Air Products and NEOM, will produce up to 600 tonnes of carbon-free fuel daily by the end of 2026 when fully operational. The Chinese Sungrow recently said that it will supply its inverter skid technology and 1+X modular inverter solution for a 2.2 GW solar power plant in Oxagon. The NGHC wind farm will ultimately have more than 250 wind turbines.
H-TEC systems announced an official rebrand to coincide with the opening by a new production location in Hamburg, Germany. The German company will do that at the end of September completely its new “Gigahub”, which starts automated series production of electrolysis piles. The company becomes Quest One. “The rebranding of H-TEC Systems into Quest One marks the beginning of a new era. When we acquired H-TEC Systems in 2019, the company had a start-up character: around 40 employees produced top-quality electrolyzers in a production company. Since then, the number of employees has increased more than tenfold And We build the most modern stack production facility in Europe”, said Uwe Lauber, CEO of MAN Energy Solutions.
Ronn has reached agreement with Hydrogen Energy Systems on a comprehensive Memorandum of Understanding for the development of low-pressure hydrogen storage solutions in North America. “The Hydra-Paks will be deployed across Ronn’s hydrogen hub projects to provide turnkey, low-pressure green energy storage solutions,” the Arizona-based company said, adding that the success of the pilot project could pave the way for the widespread adoption of sustainable low-pressure hydrogen technologies.
Hystar has granted ThyssenKrupp Automation Technology the contract for the supply of the automated electrolyzer production line for the 4.5 GW plant in Høvik, Norway. “The new The production line will significantly improve efficiency and increase capacity from the current 100 MW,” said the Norwegian company.
The income of the market for hydrogen filling stations are estimated to be worth $0.5 billion in 2024 and are expected to reach $1.8 billion by 2030, with a CAGR of 23.8% between 2024 and 2030, according to a new edition by MarketsandMarkets. “The key strategies adopted by major players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments and expansions,” said the consultancy firm.
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