#KBRs Strategic Move into Hydrogen Production with Hanwha Contract A Test of Market Resilience,

The European Commission has given the green light this Tuesday for Spain to inject direct public aid worth 400 million euros to the production of green hydrogen.This plan will be launched through auctions by the European Hydrogen Bank.The push for green hydrogen has become one of the major bets of the Community Executive in the fight against climate change and the reduction of dependence on Russian hydrocarbons.As explained by the European Commi…

#KBRs Strategic Move into Hydrogen Production with Hanwha Contract A Test of Market Resilience,

KBR's Ammonia Cracking Technology Gains Traction in South Korea Amid Mixed Market Performance' In a significant development for the hydrogen sector, KBR Inc. (NYSE: KBR) has secured a second contract for its ammonia cracking technology, this time from Hanwha Impact Corporation. This deal aims to bolster Hanwha's clean power generation facility in Korea, underscoring a growing pivot toward sustainable energy solutions in the global market. As the…

The European Commission approved on Tuesday a State aid scheme of EUR 400 million to support the production of green hydrogen through the European Hydrogen Bank auction system. The plan will finance up to 345 megawatts of installed capacity of electrolyzers and the production of 221,000 tonnes of renewable hydrogen, which could prevent the emission of one million tonnes of CO2, the Commission said in a statement. The aid will be granted through …

KBR's Ammonia Cracking Tech Selected by Hanwha for Hydrogen Project

KBR awarded contract by Hanwha Impact Corporation for 214 metric tons per day hydrogen facility in Korea, using KBR's H2ACT ammonia cracking technology.