Air Products (APD) is planning to develop a US$4.5 billion clean energy complex in Louisiana, USA. The company will build, own and operate the megaproject, with the aim to produce over 750 million standard cubic feet per day (MMSCFD) of blue hydrogen in Ascension Parish, Louisiana.
Blue products are produced utilizing hydrocarbons as a feedstock, with the carbon dioxide (CO2) in the production process captured for permanent sequestration. A portion of the blue hydrogen will be compressed and supplied to customers by Air Products’ extensive U.S. Gulf Coast hydrogen pipeline network. The network stretches more than 700-miles from Galveston Bay in Texas to New Orleans, Louisiana.
The balance of the blue hydrogen from the new Ascension Parish facility will be used to make blue ammonia that will be transported around the world and converted back to blue hydrogen for transportation and other markets. The project will also feature the instance of CO2 capture for permanent sequestration and produce only environmentally friendly blue products. The megaproject is expected to be operational in 2026.
The funds and other accounts managed by Infrastructure and Power of Ares Management Corporation (Ares) have entered into an agreement to acquire a majority stake in Apex Clean Energy (A...
Read moreVesper Energy has entered into a virtual power purchase agreement (VPPA) with pharmaceutical company Pfizer. Under the 15-year agreement, Vesper will deliver at least 310 MW of renewable energy to th...
Read moreThe Bureau of Land Management is seeking public input on a 1 GW commercial-scale wind energy facility that is proposed to be constructed on BLM-managed public land in southern Idaho, approximately 25...
Read moreD. E. Shaw Renewable Investments (DESRI) announced the closing of debt and tax equity financing for the 149 MW River Fork Solar project, located in Sheridan & Parma Townships, Michigan.
Read moreFunds managed by Antin Infrastructure Partners have entered into a definitive agreement to acquire a majority stake in Origis Energy, a major vertically integrated renewable energy platform in the Uni...
Read more