UK consumers are anticipated to incur more than £1.8bn ($2.25bn) in grid constraint payments by 2025, as reported by Bloomberg.
German electrolysis manufacturer Sunfire has secured guaranteed financing of €200m ($207.6m) to advance its electrolysis technology.
The US Treasury published its final rules on clean hydrogen production, providing clarity for producers seeking to qualify for the clean hydrogen production tax credit of up to $3 per kilogram.
The 577MW Fox Squirrel Solar project, located in Madison County, Ohio, US, has reached full operational status.
Hithium partnered with Samsung C&T Engineering & Construction to capitalise on the growing demand for energy storage solutions worldwide.