US awards about $335m of investment tax credits for new hydrogen-equipment manufacturing facilities

About $335m of investment tax credits have been awarded to eight companies for the construction of new hydrogen-equipment factories in the US, according to the US Department of Energy. Five of the awards of the Qualifying Advanced Energy Project Credit, also known as 48C, will go towards the construction of new electrolyser manufacturing facilities, with two allocated for fuel-cell production, and...

European firms sign deals to support new hydrogen production facilities reports Edison Energy update

The momentum that got underway in Q4 is set to increase as EU regulations now require green hydrogen producers to source renewable electricity through power purchase agreements. Under the European rules, eligible facilities must be no older than 36 months, and government aid cannot be used to subsidise the facility. The milestone news is tempered somewhat by ongoing renewable project permitting and grid...

Clean hydrogen’s best bet may be a rainforest state in Borneo

The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a center for clean hydrogen energy, betting that its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere. In state capital Kuching, the gambit is well underway after Sarawak plowed $3.4 billion into a network...

Amsterdam port accelerates green hydrogen strategy with two key deals

BAKU, Azerbaijan, April 20. The Port of Amsterdam has sealed two deals related to green hydrogen and its derivatives, Trend reports. The first agreement involves a joint study agreement (JSA) between the Port of Amsterdam, Petronor, EnBW, and GasLog. This agreement aims to assess the technical and commercial feasibility of establishing a liquid hydrogen corridor linking Bilbao...

Biden-Harris Administration Announces $750 Million to Support America’s Growing Hydrogen Industry as Part of Investing in America Agenda

WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $750 million for 52 projects across 24 states to dramatically reduce the cost of clean hydrogen and reinforce America's global leadership in the growing clean hydrogen industry. These projects—funded by the President’s Bipartisan Infrastructure Law—will help advance...

German steel sector still hesitant to invest in green hydrogen-based steelmaking despite billion-euro subsidies

Germany’s steel sector may be set for billions of euros in subsidies to switch from blast furnaces to greener options, but the extra costs of hydrogen and electricity will lead to a premium that customers have little incentive to pay. “Production with hydrogen is currently not profitable,” Sebastien Bross, CEO of Salzgitter Mannesmann Handels, told logistics trade journal Deutsche...

Supporting Inter-American Development Bank to Release Green Hydrogen Report

Situation In 2015, at the 21st Conference of the Parties in Paris, 195 countries signed a legally binding agreement to engage in outlining and implementing national strategies to keep global warming “well below 2°C above pre-industrial levels.” Achieving this target will require a monumental change in how we use and consume materials and energy. Energy is one of the most carbon-intensive...

Topsoe to build advanced US electrolyser factory for clean hydrogen | Hydrogen

Technology specialist Topsoe will launch a new factory to manufacture energy efficient solid oxide electrolyser cells (SOEC) for the production of clean hydrogen and derivatives like e-Ammonia and e-Methanol.According to Topsoe, the factory’s output of electrolyser stacks will enable an annual greenhouse gas emission avoidance of up to two million tonnes of CO2 equivalent emissions.The project...

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