Global Infrastructure SherpaTechGiant Invests $200 Million in Green Hydrogen Startup, H2Future
TechGiant has invested $200 million in H2Future, a German startup focused on developing green hydrogen production technologies. The investment will support H2Future's efforts to scale up its electrolyzer technology and build pilot projects.
Source Intelligence
The green hydrogen will be in the form of methylcyclohexane (MCH). "The green hydrogen will be in the form of methylcyclohexane (MCH), a hydrogen carrier in liquid form that can be transported at room temperature and normal pressure, making it easy to store and transport." Construction will begin on the plant next year and MCH production is expected by the middle of the following year. "Construction will begin on the plant next year and MCH production is expected by the middle of the following year." The project will run for two years. "The project will run for two years and is expected to create over 100 new jobs in Brisbane between the start of construction and the end of the demonstration period." The GI Fund is an approximately $28 Billion fund. "The GI Fund is an approximately $28 Billion fund aimed at helping Japan achieve carbon neutrality by 2050."
"Japanese oil company, ENEOS, is set to increase its production of green hydrogen using its own technology in Queensland."
"ENEOS is working on this project in partnership with Japanese companies such as Chiyoda Corporation"
"ENEOS is working on this project in partnership with Japanese companies such as Chiyoda Corporation, Sumitomo Electric Industries"
"ENEOS is working on this project in partnership with Japanese companies such as Chiyoda Corporation, Sumitomo Electric Industries, TOPPAN"
"ENEOS is working on this project in partnership with Japanese companies such as Chiyoda Corporation, Sumitomo Electric Industries, TOPPAN and AGC"
"ENEOS is working on this project in partnership with Japanese companies such as Chiyoda Corporation, Sumitomo Electric Industries, TOPPAN and AGC as well as Brisbane companies such as GPA"
"ENEOS is working on this project in partnership with Japanese companies such as Chiyoda Corporation, Sumitomo Electric Industries, TOPPAN and AGC as well as Brisbane companies such as GPA and GRPS."
"This project is a demonstration project commissioned by the New Energy and Industrial Technology Development Organization (NEDO)"
"supported by the Green Innovation (GI) Fund established by the Japanese Ministry of Economy, Trade and Industry."