Abu Dhabi Nationwide Oil Co. (ADNOC) has made a closing funding decision and awarded contracts for the Hail and Ghasha offshore gas mission, while Iveco and Hyundai possess launched the original Iveco Bus E-technique H2 metropolis bus.
ADNOC has announced a closing funding decision (FID) and contract awards for the Hail and Ghasha offshore gas mission, role to attain over 1.5 billion long-established cubic toes per day of gas by the halt of the decade. The mission aims to take hold of 1.5 million tonnes per one year (mtpa) of CO2, bringing ADNOC’s carbon take hold of funding to almost 4 mtpa, with CO2 captured, transported onshore, kept underground, and low-carbon hydrogen manufacturing for emissions discount. ADNOC awarded $17 billion in contracts, including the first EPC contract for offshore facilities to a joint mission between Nationwide Petroleum Construction Firm and Saipem and one other for onshore scope, including CO2 and sulfur recovery, to Tecnimont.
Essar Oil UK has chosen Mitsubishi Heavy Industries as the know-how license partner for its CCS mission, the EET Industrial Carbon Capture facility in Stanlow, furthering investments in CCS, hydrogen, and biofuels.
Iveco and Hyundai possess printed the first Iveco Bus E-technique H2, a 12-meter low-floor metropolis bus geared up with a 310-kW e-motor and a cultured gas cell system from Hyundai’s HTWO. The bus parts four hydrogen tanks with a total storage skill of seven.8 kg and a 69 kWh battery pack by FPT Industrial. Manufacturing will rob role in Annonay, France, and Foggia, Italy, offering a riding vary of 450 km below identical outdated running stipulations.
The governmentof the Philippines has invited all fervent parties to give solutions on the proposed Division Circular relating to a nationwide policy framework for hydrogen in the energy sector. The governmentworthy a preference for hydrogen and its derivatives manufacturing from renewables, offering diminutive print on funding alternatives as piece of the nation’s efforts to place a policy framework and strengthen infrastructure.
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Everfuel and Hy24 possess efficiently performed the institution of their joint mission, with Everfuel owning 51% and the Hy24-managed Neat Hydrogen Infrastructure Fund conserving 49%. The mission will finance electrolyzer skill pattern throughout the Nordics, specializing in the EU market. The predominant acquisition by the mission is Everfuel’s HySynergy Share 1 flagship mission, valued at €26.9 million ($28.3 million) with a debt-free asset cost of €44.9 million.
Alstom has unveiled the hydrogen-powered Coradia Stream put together in collaboration with Italy’s native public transport company, FNM. The put together is made up our minds to launch commercial operations in Valcamonica between gradual 2024 and early 2025 alongside the non-electrified Brescia-Iseo-Edolo line, for the time being operated by Trenord. This initiative is a key order of the H2iseO mission, aimed toward establishing Italy’s inaugural Hydrogen Valley in Brescia, northern Italy. The hydrogen-powered Coradia Stream boasts a total seating skill of 260 and a formidable vary exceeding 600 km.
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