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Iwatani plans to invest US$1.25 billion in hydrogen energy

Japanese industrial gases company Iwatani will invest 178 billion yen (US$1.25 billion) in its hydrogen business over the next five years, with 30 billion yen (US$211 million) of that amount to be spent on importing carbon-free hydrogen from overseas.

According to Iwatani's latest medium-term plan, Iwatani currently operates three liquid hydrogen plants and a number of hydrogen refuelling stations in Japan, and is also considering investing in the production of green hydrogen in the United States.

As one of the partners in the CQ-H2 project in Australia, Iwatani spent A$82 million (US$55 million) to start front-end engineering and design FEED by the end of May 2023.

Oman's Hydrom signs US$10 billion hydrogen energy deal

Oman's Hydrom has signed US$10 billion worth of agreements for two new green hydrogen energy projects with the Posco-Engie consortium and the Hyport Duqm consortium. The contracts are expected to generate a total production capacity of 250 dry tonnes per year from over 6.5 GW of installed renewable energy capacity at these sites. The projects will be located in the A1 Wusta province.

We are pleased to see the signing of these new agreements with these prestigious international companies, said Salim AlAufi, Oman's Minister of Energy. The fast-paced efforts behind the announcement of these new projects reflect Oman's commitment to strengthen its position as a global leader in green hydrogen energy in line with its energy transition strategy.

Oman, the largest non-OPEC oil producer in the Middle East, aims to produce at least one million tonnes of renewable hydrogen per year by 2030, before increasing capacity to 3.75 million tonnes by 2040 and 8.5 million tonnes by 2050.

West Japan Railway develops "hydrogen fuel cell trains" to achieve decarbonisation

According to Asahi TV, West Japan Railway Company (JR West) previously announced that it will develop "hydrogen fuel cell trains" to replace the diesel trains currently in use in order to achieve "net zero" greenhouse gas emissions by 2050.

At present, JR West has a fleet of around 450 diesel trains, mainly operating in non-electrified areas such as the western part of Honshu Island.

As the replacement of trains will be at its peak in 2030, JR-West has announced that it will begin developing a "hydrogen fuel cell train" that will use oxygen in the air to react with hydrogen to generate electricity to drive the trains.

At the same time, JR-West plans to set up a "comprehensive hydrogen refueling station" at Himeji Cargo Station, which is part of the Japan Railways (JR Cargo), and will serve as a base for the supply and transportation of hydrogen.

Vision Hydrogen Energy to be presented at FCVC2023 International Conference on Hydrogen Energy and Fuel Cell Vehicles

Green and sustainable development has become a global consensus, carbon neutrality is driving the energy revolution, and green mobility and other fields are seeing huge development opportunities.