- In November 2024, Total Energies unveiled its hydrogen platform at La Mède as part of its broader strategy to accelerate decarbonization. The platform will focus on producing low-carbon hydrogen to replace fossil fuels in industrial processes, contributing to significant reductions in carbon emissions. This initiative enhances TotalEnergies' role in the renewable energy market, positioning the company as a leader in the hydrogen sector. By promoting green hydrogen solutions, the project supports industries in achieving their sustainability targets. It is expected to drive the global hydrogen market’s growth and transform energy consumption practices across various sectors
- In August 2024, Linde Engineering, a leading global industrial gases and engineering company, announced its development of a 100 MW green hydrogen plant for Shell's Refhyne II project. This facility will produce green hydrogen through electrolysis powered by renewable energy sources. The hydrogen will be used to support Shell's refining processes, helping reduce the carbon footprint of its operations. This development is a significant step in advancing green hydrogen production and its adoption in the industrial sector. The plant is expected to drive the growth of the hydrogen market, supporting the transition to cleaner energy solutions and enhancing the chemical market’s shift toward sustainable practices
- In May 2024, Nel ASA, a leading provider of hydrogen production technologies, signed a licensing agreement with Reliance Industries, an Indian multinational conglomerate. The agreement focuses on the production and commercialization of green hydrogen using Nel’s electrolysis technology. This collaboration aims to enhance Reliance’s clean energy initiatives and support its transition towards more sustainable practices. By leveraging Nel's advanced hydrogen technology, the partnership is expected to drive the growth of green hydrogen production in India, significantly impacting the chemical and energy markets. This move aligns with global efforts to decarbonize industries and promote eco-friendly energy solutions
- In March 2024, Sumitomo Metal Mining Co., Ltd. (SMM), a Japanese mining and smelting company, announced its new initiative to build a state-of-the-art facility for producing high-purity hydrogen at its refinery in Japan. The facility will utilize renewable energy sources to generate green hydrogen, which will be used to decarbonize the company's industrial processes, particularly in the production of non-ferrous metals. This move aligns with Japan's push for hydrogen as a clean energy solution, benefiting industries across the region by reducing reliance on fossil fuels. It also supports the chemical market's transition to sustainable energy sources, positioning SMM as a key player in the growing green hydrogen market
- In April 2024, Honda Motor Co., Ltd. announced its collaboration with other industry leaders to develop and expand the use of hydrogen fuel cell technology. The company plans to accelerate the production of hydrogen-powered vehicles and support the development of hydrogen refueling infrastructure. This initiative is aimed at reducing carbon emissions and promoting cleaner energy solutions in the automotive sector. Honda's efforts will not only help boost the demand for hydrogen as an alternative energy source but also impact the chemical market by increasing the need for green hydrogen production and supporting the growth of the global hydrogen economy
