The US Department of Energy has selected seven hydrogen hub applications to proceed to a funding negotiation stage, with $7 billion to be split between them. Fertiliser, power generation, industrial decarbonisation and heavy vehicle transport are all target markets for the new hubs, with locations to range from the Gulf Coast, Appalachia, the Midwest to the Californian coast.
GIC & Hy24 will invest $115 million to accelerate the deployment of InterContinental Energy’s portfolio of ammonia mega-projects. In the USA, Electric Hydrogen has closed a $380 million Series C funding round, accelerating plans to build a gigafactory in Massachusetts and deliver its first PEM electrolysers in 2024.
KBR will integrate SolydEra’s solid oxide electrolysis technology into its proprietary K-GreeN® ammonia synthesis process thanks to a new MoU. K-GreeN® is the technology of choice for several significant ammonia mega-projects, including Avina Clean Hydrogen (Texas), and ACME Group (Oman).
KBR will deploy its new H2ACTSM ammonia cracking technology in Daesan, South Korea, delivering 200 tonnes of hydrogen per day as fuel for power generation. The new project is part of Hanwha Corporation’s decarbonisation push which includes co- and 100% firing of hydrogen fuel in gas turbines, ammonia production & export, and ammonia-powered vessels.
