German electrolysis company Sunfire has installed a 20 MW pressurized alkaline electrolyser at a green hydrogen and synthetic methane project in Finland, according to a statement. Production is expected to have a 3.5k ton per annum generation at full capacity and is slated for 2H 2024, the statement notes. This is the largest electrolyzer deployment in the country, and once operational is also set to have the EU’s biggest capacity alongside three other 20 MW units by Everfuel in Denmark, Ovako in Sweden, and Iberdrola in Spain, according to Hydrogen Insight.
Japan has sold JPY 800 bn (USD 5.3 bn) of the world’s first sovereign climate transition bonds, Reuters reports. The funds will be funneled towards helping the country transition to netzero by 2050, part of Japan’s plan to sell JPY 20 tn of climate bonds in the next decade. The funds are slated for projects like low-cost wind power generators and alternative fuel-ready aircraft.
Next steps: Japan’s Finance Ministry intends to follow up with an additional JPY 800 bn sale of five-year transition bonds on 27 February and JPY 1.4 tn in the upcoming fiscal year, according to the newswire.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- Honeywell’s LHOC tech heads to Japan: Japanese energy company Eneos will use Honeywell’s Liquid Organic Hydrogen Carrier technology to develop the world’s first commercial scale project allowing green hydrogen to be transported long distances. (Statement)