10,208.65 TRY BIST 100 BIST 100
4.49 CNY CNY CNY
34.70 EUR EUR EUR
32.31 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.27 TRY Interest Interest
83.94 USD Fossil Oil Fossil Oil
26.74 USD Silver Silver
4.50 USD Copper Copper
117.55 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,402.11 TRY Gold (gr) Gold (gr)

Signatures for Turkey's first hydrogen valley

Signatures for Turkey's first hydrogen valley and the largest capacity green hydrogen facility.

Signatures for Turkey's first hydrogen valley

While TÜBİTAK (The Scientific and Technological Research Council of Turkey) continues its search for solutions to climate change in various ways, signatures have been put for two very important projects within the scope of these efforts.

As Turkey, like the rest of the world, turns to hydrogen, the country's first hydrogen valley and the first domestically produced largest green hydrogen plant will be established. In this context, the "HYSouthMarmara Hydrogen Valley Project and South Marmara Hydrogen Coast Platform Guided Project Signing Ceremony" was held at the DHMI Former Aviation Academy Building located in the Atatürk Airport area.

Minister of Industry and Technology, Varank, stated that they have opened a new page in hydrogen production with the Hydrogen Valley Project, which will last for 5 years, and said that important institutions and organizations of Turkey coordinated by the South Marmara Development Agency are involved in this project.

Varank, who stated that the budget of this project, which will support the development of the hydrogen economy, is 36.8 million euros, provided the following information:

"We have also brought to our country the largest grant from Europe, which is 7.5 million euros in a single application, within the scope of the project. When the project is completed, the use of fossil fuels in the industry will decrease. A part of the industry, even if it is small-scale, will be decarbonized. The South Marmara Region already provides 13% of Turkey's total electricity production. It is the number one region in our country with a renewable energy installed capacity approaching 3 GW. We hope to nurture the hydrogen economy in the region with this project."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

SeAH CSS increases wire rod prices in response to the increase in nickel prices

Sunday, May 5, 2024

Steel prices in Vietnam bring the construction industry to the brink of crisis

Sunday, May 5, 2024

Mexico extends countervailing duties on Chinese welded pipe until 2028

Sunday, May 5, 2024

Gerdau launches feasibility study for new production unit

Sunday, May 5, 2024

Hoa Phat increases domestic hot rolled coil prices

Saturday, May 4, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now