23 Apr 2024 2 Min Read CW Team...
Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives.Illustration only; Archive. Courtesy of Port of Hamburg On February 12, H2Global issued a statement saying that BMWK had provided its subsidiary HINT.CO...
Germany will be the first member state to take part in the new EU mechanism ‘Auctions-as-a-service’ of the European Hydrogen Bank, with the federal government providing an additional €350 million for electrolyzer projects in Germany.Courtesy of the European Commission; Credit: Mauro Bottaro These are in addition to the €800 million that the EU Innovation Fund provides for projects across...
NGK INSULATORS, LTD. (hereinafter “NGK”) has received an order from BASF Stationary Energy Storage GmbH (hereinafter “BSES”), a subsidiary of German chemical manufacturer BASF SE, for NAS Batteries for a large-scale green hydrogen production project, developed by HH2E, a German green hydrogen producer.The NAS batteries that have been ordered have a maximum output of 18 megawatts and a capacity...
By Valerie VolcoviciWASHINGTON (Reuters) – The Biden administration is expected to drop green hydrogen from its landmark plan to slash greenhouse gas emissions from the power sector, to reduce the risk of lawsuits if the nascent technology doesn’t reach commercial scale, according to three sources familiar with the matter.The move reflects skepticism within the U.S. government that the...
Green Hydrogen – Verde Clean Fuels Announces Participation in Consortium Awarded US Department of Energy Funding for Study of Zero Emission Methanol Production Technology. Verde Clean Fuels, Inc. (NASDAQ: VGAS) (“Verde” or the “Company”), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse...
Japan will make a decision on which companies will be in receipt of subsidies from its massive ¥3trn ($20.3bn) fund for clean hydrogen supply by the end of 2024, Japanese newspaper Nikkei reported today (Tuesday). Domestic producers and importers of low-carbon hydrogen are hoping for a slice of the government’s Contracts for Difference-style (CfD) subsidy programme, announced in December, that aims...
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The official Opposition says it supports the development of wind power in the province, however, they want to make sure Newfoundlanders and Labradorians are the principal beneficiaries.Exploits MHA Pleaman Forsey says the PCs are cautiously optimistic after World Energy GH2 received the green light for a wind-hydrogen project on the southwest coast. The...
SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long term’ SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long term’ Uniper and SKW Piesteritz have signed an MOU covering the mutual supply of sustainable ammonia and other hydrogen derivatives.SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long...