Air Liquide’s (AIRP.PA) investment backlog reached a record 4.2 billion euros ($4.44 billion) in Q3, according to the French industrial gases firm. The company is considering spending 3.4 billion euros on investments in the next 12 months, with about half of them in the energy transition field, including in the United States. Air Liquide, one of the world’s largest hydrogen producers, has been chosen as a partner for six out of seven planned clean hydrogen hubs by the U.S. Department of Energy, which will allocate $7 billion for the projects within the bipartisan infrastructure law. Deutsche Bank analysts estimate that the project could provide up to $16 billion of private investment for the company, potentially bringing up about 264 million euros by end-2024.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
