POSCO and CIP Sign Offshore Wind and Green Hydrogen MoU

(OW) POSCO International has signed a Memorandum of Understanding (MoU) with Denmark-based Copenhagen Infrastructure Partners (CIP) to cooperate on offshore wind and green hydrogen business development. Under the MoU, the two companies will work together to develop offshore wind projects in Pohang, which would serve as a base for supplying renewable energy to POSCO’s Pohang... Continue Reading →

IRENA: Annual Renewable Power Additions Must Triple by 2030

In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for raised global ambition in renewables deployment. The WETO 2023: 1.5°C Pathway positions electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen, and sustainable biomass and tracks implementation across all energy sectors.... Continue Reading →

Lhyfe and Capital Energy Team Up to Develop Offshore Green Hydrogen Projects in Spain and Portugal

(OE) Green hydrogen specialist Lhyfe and Spanish company Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal. The two companies will work to create hydrogen production sites at some of the offshore wind farm sites currently being developed by Capital Energy.  Capital Energy has... Continue Reading →

China Tests Hydrogen Production Through Direct Seawater Electrolysis at Xinghua Bay OWF

(OW) Hydrogen production technology with the direct seawater electrolysis method has been tested at Xinghua Bay offshore wind farm in Fujian, southeast China. According to reports by the Beijing-based state-run foreign-language news channel, CGTN, this world’s first test to produce hydrogen by in-situ direct electrolysis of hydrogen production technology without desalination of seawater was conducted... Continue Reading →

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