To make green energy, there is nothing like deserts located near the coast, places where there is both wind and sun. This is the case in Australia, the Middle East, North Africa and Chile. It is still necessary to be able to transport this renewable energy to the places of consumption. Many projects are being studied, which rely in particular on hydrogen and its derivatives such as ammonia, "in order to transport this energy to regions that do not have the space and time to create competitive renewable energy such as South Korea, Japan or Europe," explains Pierre-Étienne Franc, CEO of Hy24.
This French company, which manages the world's largest investment fund dedicated to carbon-free hydrogen, the "Clean H2 Infra Fund", has therefore decided to join forces with GIC, a sovereign wealth fund in Singapore, to invest $ 115 million in InterContinental Energy. Pioneer in the production of green fuels, based in particular...
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