Poland Unveils €640 Million Hydrogen Investment Plan

Poland Unveils €640 Million Hydrogen Investment Plan

Poland Unveils €640 Million Hydrogen Investment Plan Poland has taken a significant step towards a greener future with the signing of an agreement between the Ministry of Climate and Environment (MKiS) and Bank Gospodarstwa Krajowego (BGK) for a €640 million ($672.7 million) investment in hydrogen technologies. The funding, sourced from the National Recovery and Resilience...

SSAB to provide green hydrogen-derived steel for Amazon’s data centre construction | Power

SSAB to provide green hydrogen-derived steel for Amazon’s data centre construction | Power

Amazon has agreed to purchase green hydrogen-based steel from SSAB for one of the three new data centres it is building in Mälardalen, Sweden.SSAB produces fossil-free steel via its HYBRIT technology at its pilot plant in Luleå, Sweden. The process uses green hydrogen to make sponge iron, which is then further processed into steel, emitting only water.SSAB’s subsidiary Ruukki will use the...

Will Trump’s plan to kill the EV tax credit help China?

Will Trump’s plan to kill the EV tax credit help China?

Fewer qualifying EVs in 2025 would mean less money flowing from taxpayers to EV buyers. This, in turn, would reduce the savings Republican lawmakers might expect from eliminating the 30D credit. The GOP is expected to aggressively seek spending cuts to help offset the costs of extending the 2017 tax package passed during the first Trump administration. ...

Gov. Whitmer Announces .2 Million To Advance Michigan-Backed Clean Hydrogen Hub

Gov. Whitmer Announces $22.2 Million To Advance Michigan-Backed Clean Hydrogen Hub

LANSING —Governor Whitmer announced that a Michigan-backed clean hydrogen hub project, the Midwest Alliance for Clean Hydrogen (MachH2) has received $22.2 million from the Department of Energy (DOE) thanks to funding from the Bipartisan Infrastructure Law and support from members of the Michigan congressional delegation.The funding will advance the next phase of planning and development of regional...

Spain, Lithuania and Austria increased funding for the second European Hydrogen Bank auction

Spain, Lithuania and Austria increased funding for the second European Hydrogen Bank auction

On November 18, the European Commission and the governments of Spain, Lithuania, and Austria announced new financial support for renewable hydrogen through the Innovation Fund. These countries will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, set to launch on December 3. The EU provides €1.2 billion from the Innovation Fund, while the...

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