New York gets $24 mln federal funding to bolster electric grid

New York gets $24 mln federal funding to bolster electric grid

The One World Trade Center building stands amid the Manhattan skyline in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rights Nov 27 (Reuters) – New York has been awarded nearly $24 million in federal funding to strengthen and improve the state’s electric infrastructure in order to minimize the effects of … Read more

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BERLIN, Nov 8 (Reuters) – Siemens Energy (ENR1n.DE) expects more than 1 billion euros ($1.1 billion) in revenues mid-term from its hydrogen electrolyser manufacturing business, one … Read more

Portuguese PM quits over lithium, hydrogen corruption probe

Portuguese PM quits over lithium, hydrogen corruption probe

Prosecutors investigating lithium, hydrogen deals PM Costa subject of related investigation Says his conscience is clear, to cooperate with probe President to address nation on Thursday LISBON, Nov 7 (Reuters) – Portuguese Prime Minister Antonio Costa resigned on Tuesday, hours after prosecutors detained his chief of staff in an investigation into alleged corruption in his … Read more

Portugal’s PM Costa resigns over corruption investigation

Portugal’s PM Costa resigns over corruption investigation

LISBON, Nov 7 (Reuters) – Portugal’s Prime Minister Antonio Costa resigned on Tuesday amid an investigation into alleged irregularities committed by his majority Socialist administration in handling lithium mining and hydrogen projects in the country. Costa announced the decision in a televised statement after meeting President Marcelo Rebelo de Sousa. He said he conscience was … Read more

First hydrogen train in Middle East to begin trials next week, Saudi energy minister says

First hydrogen train in Middle East to begin trials next week, Saudi energy minister says

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights RIYADH, Oct 8 (Reuters) – Saudi Arabia’s Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East … Read more

Despite Rome’s scepticism, China says Belt and Road cooperation with Italy ‘fruitful’

Despite Rome’s scepticism, China says Belt and Road cooperation with Italy ‘fruitful’

Chinese Foreign Minister Wang Yi poses as he meets Turkish Foreign Minister Hakan Fidan (not seen) in Ankara, Turkey, July 26, 2023. Stringer/Pool via REUTERS Acquire Licensing Rights BEIJING, Sept 5 (Reuters) – Despite Rome’s scepticism, China’s Foreign Minister Wang Yi said cooperation with Italy under the Beijing-led Belt and Road initiative had been fruitful, … Read more