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SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy

NEW YORK: SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility. The partnership is part of a long-term, multi-billion dollar plan by SK to help lead […]

Mitsubishi Power, Texas Brine Sign Agreement to Develop Large-Scale Hydrogen Storage

Coalition Aims for 25GW of Green Hydrogen by 2026

Seven firms join forces for fiftyfold scale-up of global hydrogen production capacity. The soaring hype surrounding green hydrogen reached new heights this week, as a seven-company-strong consortium unveiled plans for a fiftyfold scale-up in production capacity by 2026. ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam and Yara launched a coalition called the Green Hydrogen […]

Mitsubishi Power, Texas Brine Sign Agreement to Develop Large-Scale Hydrogen Storage

Plug Power Raises Approximately $1B to Accelerate the First Nation-Wide Green Hydrogen Network

LATHAM, N.Y.: Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, has successfully completed one of the largest bought equity deal transactions in the broader clean-tech sector. This marks Plug Power’s largest capital raise in the Company’s history with approximately $1 billion of capital, bringing total cash post-closing […]

Powergrid Corporation Raises Rs 2,736 Crore Through InvIT OFS

Can the US Catch Up in the Green Hydrogen Economy?

A new report highlights the massive potential to decarbonize transport, industry and power grids — and the massive investments needed to get there. The U.S. needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential […]

NSEFI Representation to UP govt on uncertainty prevailing the UP